Megabank Offers to Purchase Gold Bars and Commemorative Coins
OREANDA-NEWS. November 06, 2008. Megabank today offers to purchase gold bars and commemorative coins so that your savings are secured against inflation, reported the press-centre of Megabank.
Krisitna Savvina, Senior Economist of Currency Values Dept., Monetary Circulation Division reports: We can now see demand on gold from individals mostly, as they are more likely to purchase heavier gold bars, although low-weight bars like 5gm and 10 gm are still most popular. And we do sell 100 gm bars as well, and they are a considerable investment for a customer.
Concerning types of investments, gold deposits are yet the most popular. Megabank's earning capacity ranges 1.5-5% in terms of gold deposits depending on the type of the deposit. The customer earns yield from the increase of the trading price of the metal and can save for lock-box rent and feel secure that the earnings will not be burglars piece of cake.
Savings which are invested into commemorative coins stand alone. These coins are not necessarily made from precious metals. But a commemorative coin made of fine gold or silver could be an investment, if the edition is limited and if it values as a piece of art.
As for now, Megabank offers hundreds of coins from different mints of the Globe. Megabank can satisfy every and each taste of those who prefer commermorative coins made of gold and silver, German silver, shaped and sized diferently, Kristina Savvina says.
Investing in precious metals ensures high safety when a financial market gets vulnarable. The increase of the trading pice of gold is yet far from the limit. Despite a certain drop in price in 2008, experts forecast that gold will continue to rise and will reach USD 1,000/oz.
The coins are priced almost the same as metals they are made of. And they rise in price as well as gold does.
Regardless any crucnhes in the financial market, bank metals never did and never will fall in price and will remain a secure investment.
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