In a financial world marked by uncertainty, gold shines as a symbol of constancy, crossing the $2,000 an ounce mark in 2023.

So we might ask ourselves when would it be a good time to invest in the yellow metal ? First, let's look at gold's place in modern finance. This traditional refuge against inflation is attracting the attention of investors seeking to preserve their capital in an unstable economic climate.

Gold : a precious and strategic metal in modern financial investment

 
Precious metals such as silver, platinum and palladium, alongside gold, play a significant role in the financial investment sector. These metals, renowned for their rarity and intrinsic value, offer diversified options for investors.

Gold, recognised for its rarity and immanent value, is considered a stable asset and a reserve currency. Investing in gold would therefore represent a strategic choice, given its status as a safe-haven asset capable of anticipating socio-economic fluctuations.

DISCOVER MAPLE LEAF 1 OUNCE GOLD

In the event of a major and uncertain world event, investors systematically tend to increase the proportion of gold in their portfolios. Tensions in the Middle East, for example, have prompted investors to turn to this precious metal, with the price of gold crossing the threshold of 2,000 dollars an ounce in 2023 - a phenomenon already observed during the war in Ukraine. At the start of the Russian offensive, the price of a kilo of gold soared to 61,000 euros in April 2023, illustrating gold's ability to serve as a retreat in times of crisis. Today, the price is stabilising at around €60,000, testifying to gold's enduring value against a backdrop of economic and geopolitical vacillations.

As a result, and taking into account the inflation rate, which was 6.1% in mid-2022 and 5.8% on average over 2023, investing your savings in gold would appear to be a prudent strategy. As an anti-inflation asset, gold offers protection against currency devaluation and economic uncertainty, making it an ideal financial product for growing savings.

When is the right time to invest in physical gold ?

 
Determining the right time to invest in physical gold requires a minimum understanding of market dynamics and geopolitical factors. For example, the price of gold has risen significantly from €1,730 to €1,880 an ounce in response to tensions in the Middle East.

Furthermore, the resale of physical gold is subject to taxation, either at a flat rate of 11.5% on the proceeds of the sale without an invoice, or via capital gains tax (36.2% on the capital gain realised on the sale). These tax aspects should be taken into account when planning the investment.

Another factor to keep an eye on is the expansionary monetary policies of central banks. These have contributed to the rise in the gold price in recent years by sustaining a steady demand for gold. The Central Bank of Poland, for example, acquired 15 tonnes of gold in 2023, while China continues its regular purchases. Other entities, such as Iraq and the Czech Republic, are also making acquisitions.

Finally, investors should also be aware of other factors influencing the price of this precious metal, such as the economic health of the US dollar and supply and demand. These factors can have a significant impact on the price of gold, making it more attractive during periods of financial market volatility.

For those considering investing in physical gold, there are a variety of options. Bullion coins, such as the 20 Francs Napoléon or the Souverain, are popular choices. In addition, modern coins such as the Britannia or the Maple Leaf Gold also offer investment opportunities. For buyers interested in larger quantities, gold bars, such as the 1 kg ingot, are a durable option. On our Silver Gold To Buy site, a range of gold, silver and platinum products is available, offering a wide range of options to suit your financing strategies.

In conclusion, gold, as a safe-haven asset, has proved its relevance in the current economic climate, with its price rising in the face of global uncertainties. In 2023, it exceeded 2,000 dollars an ounce, reacting to geopolitical tensions and inflation. Investing in gold is therefore a profitable and stable investment, offering financial security against currency devaluation.