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How Easy Is It to Store Gold?

Author: Ian Davis - Bullion Manager

Published: 14 Nov 2018

Last Updated: 27 Jun 2020

Contents

Considering how much value is contained per ounce of gold, the metal is rather easy to store and transport.

Gold is Very Dense and Compact

The compact nature of gold, due to its high density, means it can fit in small spaces such as under floorboards, in walls or safety deposit boxes. 

There are 3 main options to store gold:

  • Option 1 is to take receipt and keep in a personal safe.
  • Option 2 is to use a safety deposit box.
  • Option 3 is to let Chards store it in our on-site strong rooms.

Gold is highly valuable. So, it pays to have a robust and secure place to store your gold if you are considering storing it at home. Buying a decent home safe can be expensive. Our on-site storage is a resonably priced and supremely safe alternative.

Further Reading

You may wish to view all of our articles on our gold guide.

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This guide and its content is copyright of Chard (1964) Ltd - © Chard (1964) Ltd 2021. All rights reserved. Any redistribution or reproduction of part or all of the contents in any form is prohibited.

We are not financial advisers and we would always recommend that you consult with one prior to making any investment decision.

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