Depends on country.
For example, in my country, bank interest rates have been on par with inflation, which has fluctuated between 3-6% over the last 5 years, while the value of gold has gone double. Looking at history, I'd suggest Gold. Here you can purchase Digital Gold too, so no need of purchasing it physically either.
Topic: Deposits-in the bank or in gold? - page 12. (Read 1391 times)
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
I think it is best to not get involved with banks at all. if you want to invest in golds then you need a better way of storing your golds. keeping them in bank is same as depositing in the bank. and I don't think there is much difference in interests of boths. maybe little bit. having gold is good but keeping them in bank to earn interrest is not. unless the bank is really big and trustworthy and have very low chance of bankruptcy and you are sure that your gold will not get lost.
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How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
The answer depends on your particular economic situation and where you live. In many countries, even if a bank fails, deposits are guaranteed up to a certain amount. In Spain it is up to 100,000 euros per bank, so you can have half a million euros spread over 5 banks and your money is guaranteed. In the USA it is up to $250,000. So I don't think you need to buy gold. If you do, you are going to pay fees that if you had to sell the gold the day after you buy it, you would make a loss. The smaller the amount, the bigger the loss. So I would keep the money you might need in the bank (and a bit in cash at home) and gold as a medium or long-term investment, but bitcoin is better for that.
I think saving money in gold is better to fight rising inflation than saving in a bank. So far, bank interest rates for deposits are not feasible to offset the inflation rate that is happening. but we also have to be able to see the characteristics of investing in gold, which of course cannot be done in a short time, the long term is an option to provide a decent return on gold investment. let alone investing in gold in physical form, then we have a double advantage as jewelry
honestly having gold make more sense, you should remember the crisis before, the value of fiat are plummeting so hard yet gold is having its good time with massive increase.
the thing with gold is that it's not only being considered a good store of value and the fact that it could counter the current inflation but more of the fact that there are so many that thinks that gold is the real money.
even fiat was initially backed by it, I think if you really eager counter the inflation just invest in gold.
otherwise bank deposits is ok but always be sure to take a look at the interests rate, whether it could truly counter the inflation.
the thing with gold is that it's not only being considered a good store of value and the fact that it could counter the current inflation but more of the fact that there are so many that thinks that gold is the real money.
even fiat was initially backed by it, I think if you really eager counter the inflation just invest in gold.
otherwise bank deposits is ok but always be sure to take a look at the interests rate, whether it could truly counter the inflation.
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
Neither gold nor bank savings accounts are a financial tool that are viable for trying to keep up with or surpass inflation. There is a savings account, or money market on the planet that pays a rate that is as high as inflation is..so that doesn't work. Gold, which should be bought personally, and only stored in a bank vault, not bought at the bank, is a hedge asset, and one that is not meant to be an investment, something that keeps up with inflation (while it certainly can in the right conditions, it's not it's inherent purpose, or shouldn't be).
So the answer to just be well diversified. Have a short, mid and long term bucket of money. Have money in savings, have some in physical gold and silver , own a retirement plan like a 401k, as well as a basic brokerage account to purchase things like individual stocks, own bitcoin....diversification is king.
The banking system today looks extremely unreliable. It is constantly shaken by various crises. Your account can be blocked at any time, the bank can close. And not the fact that you will be able to get all your money back. That's why investing in gold seems to be more reliable.
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
As far as I know, you can't buy gold only at the bank, as far as I know. So if you are asking where is it better to put the money, in the bank or in gold? And for now it is too risk to put our money in the bank if you are located in U.S especially in the inflation they are facing it now.
Of course, for me it's better to use it in gold than in the bank, because at least with gold anytime it can become money and at the same time there are also ups and downs that happen here when it comes to business trade.
The percentage of money return for the fixed deposit will be low as compared to the long term profit from the gold.Because gold had stability and gives you solid return from your holding period.During 2000,the price of gold was ten times lower then 2023.It mean in the twenty year of time period.The return is 100 percentage of the initial invested value.The money was invested in real estate and gold for the future assets.The assets can be change of this two,very rare people choose of the bank for the 5-8% of their yearly interest.In many countries,the interest rate for the old ages people alone high like 8%.To rest of the investors bank pay the maximum amount of 6 percentage which is split with the annum and not a profitable one.
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
Precious metals can be bought on a variety of places and not only at banks, however gold often presents three important problems for those that want to buy it, to begin with where to buy your gold? Fake gold is a thing, so if the source where you buy your gold is not a good one you could easily be deceived, second you need to find a place where to keep it, doing so at the bank is a mistake as some countries have laws that allow governments to open safe deposit boxes without a court order and grab whatever is there, and finally you need to be able to hold your gold for a long time if your aim is not only to protect yourself from inflation but also to earn some money. 
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
Buying gold to me is something people to do protect their wealth. If you have more money than you know what to do with, sure, get some gold as insurance. If you’re trying to maintain spending power and beat inflation though, your best bet has always been stocks. I feel like cash and gold are both lost or confiscated more than I’d feel comfortable with, but you rarely ever hear of stocks being lost or confiscated, not to mention their historical return has been quite higher than gold or cash.
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
if asked to choose between savings in a bank or gold of course I choose gold because gold has a value that tends to be stable but if there is another choice I choose bitcoin to protect my assets against inflation because there are only 21 million bitcoin coins circulating in the world of fixed value and no it can be added differently with money and gold. I think one of the top assets for dealing with inflation is bitcoin, how about you
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
If you've decided to keep it in a bank first, don't do it in one bank. Divide your assets into banks and reduce risk. At no time should your entire being be in one place. If you prefer to keep it in gold and you will do it through banks, I can suggest the same way. Do not use a single bank.
In addition to all these, you can also invest in crypto and store it through wallets. If you prefer this way, you are already in the forum where the most reliable information is available.
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
If you know that the big banks out there are bankrupt, then don't ever trust anything in bank products even though they also offer gold investments. I know you can find gold shops anywhere in your country, so it's easy to buy it if you have the budget to invest it.I haven't had a bank deposit for a long time, but I still use bank services for my daily financial needs. But it would be better if you consider bitcoin as a worthy investment instead of just gold.
Most people don't know how to start investing in gold, so it's not a very popular investment category. Most people prefer to simply deposit their money at the bank and earn interest on their saving accounts inferior to the inflation rates of their countries. That is a consequence of lack of financial knowledge among the average citizens.
However, thankfully we have Bitcoin investment nowadays, which is accessible to everyone, at the reach of their fingers on any mobile device connected to the internet. That is the most versatile and democratic investment you can make right now with any sum of money thinking on long term returns. I believe Bitcoin has come to give an opportunity for those who don't know how to invest in gold, and therefore couldn't fight inflation without Bitcoin on their lives.
However, thankfully we have Bitcoin investment nowadays, which is accessible to everyone, at the reach of their fingers on any mobile device connected to the internet. That is the most versatile and democratic investment you can make right now with any sum of money thinking on long term returns. I believe Bitcoin has come to give an opportunity for those who don't know how to invest in gold, and therefore couldn't fight inflation without Bitcoin on their lives.
Would have been a more interesting topic if you include Bitcoin, I prefer investing my money on Bitcoin than gold and bank, fixed deposits? Not my thing, it's a time wasting way of making penny on your fixed money.
Buying Gold is better than Fiat because it's more valuable, a good store of value in my opinion but I just like Bitcoin more because it's me and my Bitcoin, no one knows that I have Bitcoin unless I tell them and the decentralized power that Bitcoin is offering is, even more attracting to me.
The only one thing that banks do better is securing your money and they take responsibility if anything happens on their end, but the problem with fiat is inflation and also I am not completely in control of my money that I worked for, the government can tell the bank to seize my money.
Buying Gold is better than Fiat because it's more valuable, a good store of value in my opinion but I just like Bitcoin more because it's me and my Bitcoin, no one knows that I have Bitcoin unless I tell them and the decentralized power that Bitcoin is offering is, even more attracting to me.
The only one thing that banks do better is securing your money and they take responsibility if anything happens on their end, but the problem with fiat is inflation and also I am not completely in control of my money that I worked for, the government can tell the bank to seize my money.
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
For safe-keeping, Banks are still the safest and the easiest method to store your money, and there are a lot of benefits to them besides security. Of course, there's inflation so it wouldn't make sense to deposit in the bank if you want to grow your money. For gold though, I don't think gold provides interest, however, gold prices steadily increase in price but it's super slow, especially if you factor inflation. 
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
Buying gold and using it as savings makes a lot of sense. There may be other calculations from the bank, but I don't know the details. You can ask the bank, what if you buy gold and keep it in the bank? Can you get interested in it? But it seems the bank will not give interest for the stored gold, but I don't know.But I prefer to buy bitcoin for future savings because the return on bitcoin can be bigger than gold. I suggest you have both bitcoin and gold to get big profits in the future.
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
Deposits should be mixed: in gold, in fiat (both banks and cash), in crypto also, and in some valuable things... Every deposit type has its drawbacks and advantages. Also it is vital for deposits: they should be suitable for paying directly with them (without exchange) in order to buy things for a living. 
How to save savings in inflation, there are many deposits provided by the bank, but banks often go bankrupt, does it make sense to buy gold? How is gold bought in a bank and interest is issued on it?
Over the years investors chose banks as the best choice for the safe keeping and means to grow interest but then after a while their only open to more risks since banks are centralized and could close up on investors without refunds on investments, and even at that sometimes the interest payment is so small that other bank charges eat them up on the long run. So for that, bank fixed deposits are not the best choice of investment and anyone looking to have a fruitful financial future should look for some other sectors such as real estate, Bitcoin, and Golds, but the best among them is bitcoin and gold since both assets give you total control over your money and you are in a self custody investment holding them, and having great potential to give future profits without direct tax.
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