On the other hand, you want make a huge profit, might even lose some. At best you keep your savings at the rate you bought the gold for.
Apart from that, why are people never talking about palladium, platinum etc?
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20% VAT here on the UK on silver, platinum and palladium.
Gold is VAT free and if you buy gold legal tender like sovereigns, Britannia's etc. they are capital gains tax free too
Good job United Kingdom for this fair VAT free for GOLD, this strategy must be applied in most of the countries of the world.
This increase the chances to buy and sell more gold.