Gold's Portability and Worldwide Value
Synopsis
You can't exactly take your house around the world with you and exchange it for other commodities in a far distant land. As physical gold is something you physically own, can take receipt of and transport with ease (as it is very compact and dense). It is very easy to take this with you across the world.
Gold Is Dense and Portable
Gold Fits Into Your Hand Luggage
Across the globe, gold is seen as a valuable and sought-after item and as such, regardless of where you are, it will maintain its value.
Cashing in gold elsewhere in the world means you can bypass a single currency and avoid dependency on those that are at high risk of devaluation and inflation. As gold comes in many forms and different sizes your investment can be broken up into much smaller pieces in the form of coins and smaller bars. This means you can even transport part of your investment around with you instead of the whole thing.
Related Blog Articles
This guide and its content is copyright of Chard (1964) Ltd - © Chard (1964) Ltd 2023. 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.
You can read more about copyright or our advice disclaimer on these links.
