Invest Gold | Price and How to Buy Gold in 2021

Gold is a safe haven par excellence. Despite the various economic upheavals, the yellow metal has retained its value. It is one of the most popular in

  Gold is a safe haven par excellence . Despite the various economic upheavals, the yellow metal has retained its value. It is one of the most popular investment solutions today. If you want to invest in gold , discover this fully dedicated article.

Real Time Gold Price Evolution - Graph

Gold is a precious metal in price that has been steadily rising over time. In this section, you will discover precisely the evolution of its price during the last years, as well as the various factors which influenced its value.

Where to invest in gold? Top 4 Gold Brokers

By choosing a reliable broker, you can be sure that you are investing in gold under optimal conditions.

How to Invest in Gold? 6 Easy Steps

How to invest in gold? In fact, it is quick and easy to use an online broker to buy gold. Here are the main steps required, from registering on the platform to purchasing the gold itself. In just 6 steps, you will be able to invest in a precious metal that is THE benchmark safe haven.

Investing in Gold: Complete Tutorial

In this section, we will develop each of the 6 steps listed above in detail.

1. Choose an Online Broker to Invest in Gold

So here is a detailed description of the 4 online brokers that we mentioned above and from which you can choose.

eToro: To Invest in Gold on a Broker 0% Commission

The first online broker that we are going to introduce to you is eToro . It is an online broker that came into being in 2007.

eToro is appreciated by traders thanks to its wide variety of financial assets present in its catalog. Traders have a choice of stocks, cryptocurrencies, currencies, commodities, ETFs, or bonds.

The reliability of eToro is one of the main assets that has enabled it to become a benchmark in the field of online brokerage. Indeed, the platform is regulated at the international level thanks to numerous financial authorities. The CySEC in Europe, the FCA in the United Kingdom and the ASIC in Australia as well as the AMF in France are, in particular, the bodies responsible for regulating eToro.

Another strong point of eToro is its ease of use . The platform has excellent ergonomics, which allows novice traders to use it with ease. eToro is equipped with a large number of features and tools that make it easy to use.

Fees Related To Trading Gold On Etoro

The online broker has about twenty different raw materials in its catalog. You have the choice between precious metals such as gold, silver or platinum, energies such as oil or natural gas, as well as various agricultural products.

eToro offers relatively low fees for commodity trading . Indeed, the platform does not charge any commission or fees, but only spreads are applied. Regarding gold, the amount of spreads is 45 pips .

  • Advantages of eToro for Investing in Gold
  • Wide range of financial assets made available to traders
  • Online broker suitable for beginners
  • Easy to learn platform
  • Internationally regulated broker
  • Social trading and CopyTrading option
  • Demo trading account
  • Excellent quality of customer service
  • Various payment methods
  • Disadvantages of eToro for Investing in Gold
  • No possibility to modify or cancel current transactions
  • Fixed withdrawal fee of $ 5

AvaTrade: Investing in Gold on a Full Broker

The second online broker that will be the subject of our presentation is AvaTrade . Avatrade is an online broker that started in 2006 . It is a broker created in Ireland and headquartered in Dublin, Ireland. At the time of its launch, the broker was called AvaFX. It was only now that it was renamed to AvaTrade. He specializes mainly in the summer currencies trading of CFDs .

Avatrade enjoys an international reputation thanks to its many years of experience. Currently, the platform is used in more than 40 countries around the world .

AvaTrade also offers many educational content that allows beginners to train in trading and more seasoned to perfect their knowledge. The platform provides you with more than fifty videos and tutorials for free. The topics covered are varied and encompass all areas of trading.

Fees Related To Trading Gold On AvaTrade

The platform has more than ten different raw materials in its catalog. It can be precious metals or agricultural products.

AvaTrade does not charge any fees or commissions when trading. The platform only applies the spreads which are the difference between the buying price and the selling price of the commodity in question. Regarding the ounce of gold, the spread amount is $ 0.34.

  • Advantages of AvaTrade for Investing in Gold
  • Online broker with a worldwide reputation
  • Easy to use platform
  • Secure platform
  • No fees charged on deposits and withdrawals
  • Many trading platforms available
  • Excellent quality of customer service
  • Advanced features for experienced traders
  • Disadvantages of AvaTrade for Investing in Gold
  • High inactivity fees
  • Demo account usable only for 21 days
  • Relatively long withdrawal period, between 3 and 5 days
  • Libertex: The Most Experienced Online Broker

The third online broker that we are going to introduce to you is Libertex . It is an online broker which was established in 1997 . It is one of the oldest brokers still in business today. Even better, Libertex is one of the benchmarks in online brokerage.

As proof, Libertex has seen many distinctions and awards during its existence. For example, Libertex received in 2020 the distinction of trading platform of the year .

The Libertex platform has more than 2 million users scattered around the world. The main reason for this confidence of traders comes mainly from the reliability shown by the broker. Indeed, Libertex is regulated by the most competent regulatory authorities, in particular CySEC which is a European body.

Fees Related To Trading Gold On Libertex

On Libertex, commodity trading gives you many choices , especially precious metals such as gold or silver, energy such as oil or natural gas, and agricultural products such as coffee or wheat. .

Unlike most online brokers, Libertex does not charge a spread, but commissions are withheld from each transaction. However, their amount is relatively small. For example, the commission following the gold trade is 0.004% of the amount of the transaction.

  • Benefits of Libertex for Investing in Gold
  • Broker benefiting from regulation and authorization by CYSEC
  • Ergonomic platform
  • Leverage of up to 1: 600
  • Minimum deposit of $ 10 only
  • Platform suitable for novice traders
  • No spread applied during trades
  • Availability of a demo account
  • Excellent quality of customer service
  • Disadvantages of Libertex for Investing in Gold
  • Existence of withdrawal fees for all payment methods.
  • Limited training offers
  • Gold Broker Using Artificial Intelligence

The last online broker that will be the subject of our presentation is . It is an online broker that came into being in 2016 . This is the youngest broker of our selection, but have a reputation just as good as their 3 elders. is a broker much appreciated by traders and its reliability is illustrated by the many awards that the online broker has received several years in a row. For example, in 2020 it was awarded the Best Online Trading Platform Award and the Most Transparent Brokerage Service Provider in Europe Award. has a well-stocked catalog of financial assets . You have the choice between commodities, cryptocurrencies, stock indices and currencies. In terms of regulation, the platform is regulated by the FCA , a British financial body.

Artificial Intelligence to Support Trading

The online broker also offers innovative features. uses artificial intelligence called 'qE' . This technology has the ability to analyze the financial market in real time as well as the profile of each trader. In return, it provides personalized advice to support everyone in their trading efforts.

Finally, offers many educational content such as videos, tutorials and training. This allows beginners to learn trading quickly and experienced traders to improve their knowledge.

Fees Related To Trading Gold On Capital.Com offers the trade of many commodities in its catalog. You have a wide range of choices between precious metals, energies, and agricultural products.

Regarding fees on commodities trading, does not charge any commission, only spreads. They are relatively low and are even among the most competitive on the market. For example, the spread applied to the gold trade is 0.5% of the contract value.

  • Benefits Of Capital.Com For Investing In Gold
  • Easy to learn platform
  • Possibility to use a completely free demo account
  • Wide variety of financial assets
  • Use of artificial intelligence qE
  • Presence of educational content

2. Open an Account on the Platform

For the rest of the tutorial, we have chosen to use the eToro platform . The step of creating an account on eToro is simple and done in a few clicks. You just have to go to the platform's official website from your browser. When you are on the home page, click on 'Register' or 'Join Now' located at the top right of your screen.

A registration form appears on your screen. You must enter basic information such as your username, email address and password.

You must also accept the general conditions of use of the eToro platform as well as the confidentiality policy by checking the corresponding boxes. Then click on 'Create an account'.

As soon as you have completed the step of creating your account, eToro will provide you with a demo account which is automatically activated.

3. Verify Identity

The next step is to verify your identity. You must provide more specific information about yourself, including your first and last name, date of birth, exact address with postal code, and other additional information.

This information must be supported by supporting documents such as your national identity card, your passport or your driving license. Proof of address is also required. You have the choice between a bank statement, a subscription invoice or a certificate of residence.

Good to know: if you opt for the choice of the passport as a supporting document, it must be valid to be admissible. Likewise, your proof of address, whatever its nature, must be less than 3 months old.

During this step, you will also be subjected to a KYC (Know Your Customer) questionnaire. It should be noted that this step is systematic when you register with an online broker regulated in Europe. Thanks to it, each future trader is informed about the risks to which they are exposed by investing in financial assets.

4. Deposit Funds on the Platform

The next step after authenticating your profile is to make your first deposit. Thanks to these funds in your account, you will be able to subsequently purchase the financial assets present in the eToro catalog.

To do this, go to your customer area by logging into your account. Click on the 'Deposit funds' button located at the bottom left of your screen.

Fill in the different conditions of your deposit, including the amount of money to deposit and the payment method you choose to make the deposit.

Good to know: eToro provides users with a number of payment methods. For example, the traditional bank transfer, bank cards or electronic payment solutions like PayPal.

5. Look for Gold and Start Investing

Now that you have completed all the previous steps, you have free access to all of eToro's financial assets for your trades. You are going to have to look for the asset on the platform and decide how much to invest in gold.

If you would like to take a look at its catalog, log into your account, then, on the vertical menu on the left of your screen, click on 'Marketplace'. A horizontal list of all available instruments is displayed at the top of your screen.

What interests us is gold. You have two choices to find this asset. Either you click on 'Commodities' on the horizontal list, or you type 'Gold' directly on the search bar at the top of your screen.

If you opted for the second option, click on the 'Gold' commodity when it appears in the search results. Information about it should appear on your screen.

Click on 'Invest' located at the top right to bring up a new window. You must enter the various purchase conditions there, including the amount to invest, the stop loss, the take profit and the leverage effect.

How much to invest in gold? It all depends on your budget, your goals and your experience. For a beginner, stick to the minimum required before betting large sums.

Once all these parameters are set, click on 'Open position' to confirm the purchase.

Other Ways to Invest in Paper Gold

Investing directly in gold bullion can be restrictive, especially in terms of storage, security and the funds necessary to obtain it (an ingot would be worth around $ 50,000). Investing in gold coins or investing in gold jewelry remains possible, but risky and restrictive for various reasons.

So, to invest more easily in gold, there is nothing better than paper gold. Basically, you 'buy' gold without physically seeing it, but through different investments. Here are the main ways to invest in paper gold.

Gold Certificates

Certificates are a great alternative for investing in gold without actually owning it. These are notes generally issued by a financial institution and which represent debts to which these institutions guarantee the reimbursement of the investment according to the price of gold on the market.

The quality of gold certificates greatly depends on the financial company that issues them. If you are planning to invest in certificates, it is best to go for those that are hedged against currency risk.

Gold ETFs

ETC or Exchange Traded Commodities. ETCs are classified under the category of ETP or Exchange Traded Products .

For example, SPDR Gold Shares is an attractive index fund for investing in gold. This fund proceeds directly to the purchase of gold on behalf of the investors within it. In return, the latter must pay various commissions such as management fees. Shareholders benefit from a liquid asset investing in physical gold (coin, ingot, bar, etc.)

Purchase of Shares of Gold Companies

It is also possible to invest in the shares of gold companies which are listed on the stock exchange . These companies operate gold mines to then sell the raw or processed gold on the market.

Like other stocks, those of gold companies vary according to their performance indices. Nevertheless, this type of investment is considered a risky activity, since stocks are subject to market volatility.

Term Contracts

Finally, you can opt for futures contracts if you want to invest in paper gold indirectly. However, this is an investment with a particularly high risk rate that might not be suitable for beginners. Indeed, it is possible to choose a significant leverage effect on the futures contracts, which increases the probabilities of profits, but also of losses.

With a futures contract, you set certain conditions with the seller in advance, including the amount of gold, the date, and the price . The value of the contract also varies depending on that of gold in the market. Thus, the accounts of the buyer and the seller adjust according to these variations.

Evolution of the Gold Price over the Last 5 Years

The value of gold has tended to increase over the past 5 years. Moreover, this increase has been noticed since the early 2000s when its price was around $ 300. By early 2017, it had already passed $ 1,100.

This rise was most pronounced in 2020, as the world faced the global COVID-19 pandemic. Indeed, the value of gold rose beyond $ 2,000 during the year 2020, representing a dazzling gain of over 550%.

This more marked development once again demonstrates the safe haven character of gold. The start of the sharp increase in its value around the fourth quarter of 2019 is explained by the high tensions between the United States and China. This then continued with the health and economic crisis of 2020.

Since that peak of growth, its value appeared to stabilize between $ 1,600 and $ 1,900 until mid-2021.

The Main Factors Influencing The Gold Price

To explain more clearly the progression of the price of gold, here are the main elements which influence its variation in a direct or indirect way.

1 - The Different Crises on a Global Scale

safe haven against various global economic and geopolitical tensions . So when crises seem to be looming in a country or internationally, investors turn to gold for security.

This is how the price of gold will tend to rise in times of crisis , when demand is on the rise and the economy is in decline. This was, moreover, the case during the COVID-19 pandemic of 2020 which paralyzed the world economy.

2 - Fluctuations of the American Dollar

The US dollar is the dominant reserve currency across the world. This is the reason why this currency is one of the main currencies used by many countries in international trade.

Fluctuations in the price of gold and the dollar have an inverse correlation . Indeed, when the value of the dollar increases, that of gold tends to fall, and vice versa. For example, in 2014, the dollar index rose 2 points between 1 st September and 10 September. As a result, the price of gold fell.

3 - Interest Rates

Unlike other investment assets like treasury bonds or savings accounts, gold does not earn interest. On the other hand, any variation in the interest rate of these other types of investment directly affects the price of gold.

For example, if the interest rate rises, investors move away from gold to the types of investments that provide a high interest rate. This leads to a drop in its price. Conversely, if the interest rate falls, investors will turn to gold, which will cause its price to rise.

4 - Consumption of Physical Gold

Beyond being an asset in which it is possible to invest, gold is a precious metal that finds its use in many fields . These sectors include jewelry and industry. The biggest consumers of gold in jewelry are the United States, India and China.

Gold is also an integral part of culture and religion in some countries, which contributes to increasing demand in these countries and this, steadily. For example, in India, gold is not only a type of currency, but also represents a symbol of wealth and opulence. Investing in physical gold is thus for some a symbolic choice.

In the industrial sector, physical gold is also used mainly in electronics and is part of the components of devices such as computers, GPS systems or certain medical devices.

Why Invest in Gold This Year?

Investing in the yellow metal has been a common practice for a long time and there are many reasons for this success, especially when the global economy is going through a difficult period, as was the case during this COVID-19 pandemic. Here are the main reasons that should push you to invest in gold.

1. Protection Against The Disruption In Financial Markets

reverse progression compared to that of the stock markets. Indeed, when an increase in the stock markets is observed, gold tends to fall, and vice versa.

This is the reason why the yellow metal is considered a protective value against any upheaval in the financial markets . Thus, when relatively pronounced stock market uncertainty sets in, investors will turn to gold, before returning to the stock market when the situation becomes favorable again in the stock market.

2. Protection Against Inflation And Deflation

Investing in gold helps protect against inflation . Indeed, the price of the yellow metal observes an increase proportional with the cost of living. Indeed, analysts have seen a rise in the price of gold during a period of inflation. When currencies lose their value, that of gold increases.

Likewise, when the global economy appears to be slowing or even declining, the value of gold is steadily increasing. This is what was observed around the 1930s during the Great Depression. This trend was also seen during the COVID-19 pandemic of 2020.

3. Gold: A Metal in High Demand

Gold is used in all countries of the world for many purposes . It can be investment, culture or fashion, gold finds its use in developed countries as well as in emerging countries.

Therefore, with an increase in the world population, the demand for gold will also increase in proportion to this. For example, India is among the countries that consume the most gold. The yellow metal is used there in jewelry intended for weddings or as an offering during religious services.

4. Secure Long-Term Value

Investing in gold can be advantageous as its value tends to appreciate over time . As a result, owning it today will systematically allow you to make your investment profitable within a few years.

By way of illustration, $ 100 would buy 150 grams of gold in the early 1900s. Currently, the same amount only allows you to buy about 3 grams of gold. This is to show you how the value almost only increases over the years, unlike fiat money which can lose its value.

5. A Tangible and Liquid Asset

It is possible to invest in gold in several forms, as well in the form of ingot, bars or coins . Along with silver, it is one of the only assets that can be traded in all currencies in the world. This makes gold particularly liquid.

In addition, gold is a tangible asset that has real existence , unlike other dematerialized assets such as stocks or cryptocurrencies. It can be invested in dematerialized form thanks to paper gold, but you can also touch it and store it thanks to its different physical forms.

Investing in Gold, How Much Can You Earn?

many factors including how much you invest, when you buy the gold, how long you invest and many other points.

Since the start of 2021, the course of the year has tended to stabilize. This in no way demonstrates the bullish trend of the yellow metal in recent years, if not decades.

Indeed, gold has increased in value since the year 2000 when its price was $ 300. Towards the end of June 2021, its value is almost $ 1,800. If we do a quick calculation, its value has increased by more than 500% during the last 20 years and 6 months. Globally, a rise of more than 24% per year is observed for the price of gold.

Therefore, if you invest € 1,000 in gold, after one year your estimated earnings will amount to € 240 in addition to your invested capital, i.e. your initial investment of € 1,000 will become approximately € 1,240. .

What to expect for the Gold Price in the future?

In this section, we will tell you about the short, medium and long term gold price forecasts.

Gold Price Forecast for 2021

After the considerable increase in the value of gold in 2020, it seems to more or less stabilize during the first half of 2021. This is explained by the fact that the world economy is starting to recover following the health crisis linked to the COVID-19 pandemic. This economic recovery inevitably leads to a stabilization, or even a slight drop in the price of gold.

Nevertheless, by the end of the year, observers predict a resumption of the increase like the one started several years ago. Moreover, several large banks and financial organizations are of the same opinion.

For example, institutions such as CIBC, Goldman Sachs, Peter Krauth or AG Thorson are considering a dollar value of around $ 2,300 by the end of 2021. Other financial organizations such as Mark Mead Baillie are planning even a course up to $ 2,400.

Gold Price Forecast in the Medium and Long Term

If we look at the long term, observers still predict a more or less significant increase in the price of gold . This will most likely be due to the tendency of the value of gold to appreciate over time.

Large institutions like Bloomberg Intelligence estimate a gold price of up to $ 4,500 over the long term. Edelweiss, meanwhile, is planning a notable rise in the coming years, pushing its value up to over $ 2,800. Finally, the Frank Holmes institution plans a course of around $ 4,000 by the end of the year 2023.

Should We Invest in Gold? Advantages and disadvantages

In this section, you will learn about the main advantages and disadvantages of investing in gold.

Investing Gold: The Benefits

Excellent liquidity : gold is easily convertible into silver whatever currency you use. It is among the most liquid investments wherever you are

A value that is maintained : despite time, gold maintains its value. Even if its price faces a slight decline, gold ends up appreciating

Protection against inflation : in the event of inflation in the economy, gold increases in value. Likewise, when the value of the US dollar tends to deteriorate, gold experiences an increase in value.

An excellent means of diversification : gold is a more than interesting alternative to diversify your investment portfolio. Indeed, it reduces the risks associated with your investments, since its price moves in the opposite direction of stock market and monetary values.

Universal use : gold is useful in any country in the world. Many sectors exploit it, whether in jewelry or in industries, which tends to maintain a higher level of demand.

Investing Gold: The Disadvantages

However, investing in gold can have its share of downsides. Here are the main weak points that we have learned from this investment:

Storage and security issue for physical gold : if you opt for physical gold, you will have to think about storing it in a safe and secure place. If you use banks, you risk paying more or less expensive fees

No Income Generated : Unlike investments such as bonds or stocks which can generate income through interest and dividends, you only earn profits on gold when its value increases and you decide to sell it

Possibility of creation of a bubble : When the economy of a country or the world economy faces a crisis, investors begin to rush to gold to secure their investment. This can cause gold to rise too sharply, which will cause the investment to lose value once the economy returns to normal.

Gold or Silver Investment: In Which Precious Metal to Invest?

Invest in gold or silver? If the question arises, it is because gold and silver have similarities in terms of investment. Nevertheless, it seems legitimate to ask in which precious metal would it be more judicious to opt for its investment: gold or silver? Discover a comparison between these two raw materials to give you an overview of the best choice.

Investing in Gold or Silver: Storage

gold is much more attractive , whether in terms of storage space or the cost of storing it.

Invest in Gold or Silver? Accessibility

In terms of affordability, gold is much more expensive per gram compared to silver. As a result, it is less accessible, especially for a limited budget dedicated to investment. On the other hand, silver is much more accessible thanks to its modest value compared to gold, even for a low budget. On sale, gold is also less liquid than silver because of its high cost.

Gold vs Silver Volatility

Gold is much less volatile than silver . Therefore, gold is more suitable for long term investment. For its part, silver exhibits greater volatility. It is best suited for traders who prefer to invest for the short term.

Investing in Gold or Silver: Using the Two Metals

Although gold is used as a component in industry, it is much less used than silver. Thus, its use is mainly reserved for speculation and the creation of jewelry. On this point, money is much more useful , guaranteeing a constant high demand.

The Gold / Silver Ratio

Gold and silver are a subject of perpetual debate with investors, especially regarding the most interesting metal in which to invest. In order to find a precise idea of ​​the best choice according to the period, the best performing indicator consists in evaluating the gold / silver ratio.

It is the ratio of the spot price of gold to that of silver . Overall, this ratio represents the number of ounces of silver that can be purchased with one ounce of gold. For example, a ratio of 40: 1 indicates that one ounce of gold can buy 40 ounces of silver.

Logically, when this ratio shows a decrease, it means that the price of gold is falling relative to that of silver, meaning that it makes more sense to buy silver. Conversely, when this ratio increases, it implies that the price of gold appreciates and it is necessary to buy the yellow metal rather than the silver.

Should You Invest In Gold Or Real Estate?

Real estate is also a particularly interesting investment sector. You may be wondering which gold or real estate might be more worthwhile. Here is our opinion on this subject.

Real estate: A Fragile Sector

It is certain that real estate is a successful sector in terms of investment. However, with the 2008 'subprime' crisis, investors realized that house prices can drop significantly. The impact of this crisis even nearly led to the bankruptcy of many banks.

This made it possible to realize that real estate is not an infallible sector and that it depends heavily on certain factors.

Gold, Much More Stable

On the other hand, gold is much more stable in terms of long-term investment. Indeed, in times of economic downturns or in the event of inflation, the value of gold increases. Moreover, this is what makes this asset a sure value. Moreover, if its price were to fall, this fall is neither considerable nor prolonged.

Real estate: Hardly accessible compared to Gold

In terms of the capital required to be able to make your investment, real estate requires a substantial amount , unlike gold. This is because you can invest in the yellow metal even if you only want to buy a $ 2,000 gold bar. However, this price does not allow you to acquire housing and invest in real estate.

Gold is also more accessible and more liquid thanks to its various forms and natures, in particular paper gold or physical gold in ingot or in coins.

Real estate to Diversify

In the end, gold represents a safe bet and an excellent basis for your investment portfolio. It is best to start with gold and diversify with other sectors such as real estate or intangible assets like stocks or cryptocurrencies.

By using real estate as a diversification investment , you earn additional income from the rent while having a good guarantee for your investment by betting on gold. So whether the housing market thrives or not, you will be less exposed to the risk of significant losses.

Invest in Gold, What Taxation in France?

The taxation of gold and precious metals is well defined in France. There are many rules that apply depending on the type of gold involved. Here are the details on this point.

The Taxation of Investment in Physical Gold

There are several points when it comes to buying physical gold:

Gold coins minted after the year 1800 as well as ingots are exempt from VAT

Those minted before the year 1800 represent collector's coins and are subject to 20% VAT

Gold coins minted after the year 1800 for which the premium, i.e. the difference between the price of the coin and that of its weight in gold, exceeds 80%, are subject to a VAT of 20% .

The Taxation of the Resale of Physical Gold

There are also several points to take into account on the taxation around the resale of physical gold:

Individuals can opt for the flat-rate tax. It amounts to 11% of the total amount of the sale, including 10.5% tax on precious metals or TMP, and 0.5% paid back to the Contribution to the Reimbursement of the Social Debt or CRDS. The realized capital gain is not calculated in the tax

Individuals can also choose taxation under the capital gain system. This is the calculation of the tax according to the difference between the sale price and the purchase price. In case of loss, no tax is due. In the event of capital gain, the tax levied is 36.2%, i.e. 19% tax on capital gains, and 17.2% are intended for social security contributions.

Capital gains tax is reduced by 5% per year of ownership from the third year

To benefit from the capital gain regime, it is imperative to justify the date of acquisition of the gold as well as its purchase price.

Taxation of the Purchase of Paper Gold

The purchase of paper gold is fully tax exempt, whether it is shares of gold companies, certificates, CFDs or trackers.

Taxation on the Resale of Paper Gold

The taxation applied at the time of the resale of paper gold is that of capital gains on transfers of transferable securities and income, the details of which are as follows:

Since 2018, capital gains have been taxed under the One-Time Lump Sum or PFU amounting to 30%

You can also opt for taxation following Income Tax or IR. Thus, your earnings are taxed according to your Marginal Tax Rate or TMI. You will have to pay social security contributions of around 17.2% from the first euro you earn.

Conclusion: Should We Invest in Gold in 2021?

Since the beginning of the year 2021, gold seems to know a certain stabilization of its price . Nevertheless, according to the estimates of observers, the yellow metal should resume its progression soon . Therefore, we can say that investing in gold represents an excellent initiative for 2021.

In addition to being a safe haven, gold has undeniable advantages , if one cites only its countless uses or its liquidity. If storing physical gold is a constraint for you, you can always opt for paper gold in the form of trackers, certificates or shares of gold companies.

As for the choice of investment method, using online brokers remains the easiest, fastest and most secure way to invest in gold. Among the wide choice of brokers available on the market, we have presented you the 4 best. In our opinion, demonstrates reliability, ease of handling and has an excellent reputation.

Disclaimer: Every trading operation has a risk. We cannot offer any guarantee of profit. All content on our website is for informational purposes only and does not constitute a recommendation to buy or sell. This applies to assets as well as products, services and other investments. The opinions communicated on this page do not constitute investment advice and independent financial advice should be sought where possible.

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