Gold coin with Australian kangaroo design, 1 kg of pure gold, 2010 vintage, premium quality.
It is worth investing in gold regularly, even in small amounts, provided you use the right gold investment product.
Why is a monthly savings plan a good approach?
Because timing an investment is an extremely difficult task, a strategy of buying gold every month or every quarter works well. When the price feels high, it makes sense to reduce the quantity purchased, and the reverse is also true: at lower prices you can increase the quantity. If you invest a fixed amount each month or quarter, this averaging effect happens automatically. The most suitable vehicle for a small-sum monthly gold savings plan is a physical gold account.
Is it worth buying gold in small amounts?
Yes, continuous small-amount gold savings and accumulation do make sense. However, because of the relatively high production costs of very small bars, it is advisable to think in terms of 10-20 gram bars or larger. Alternatively, opening a gold account is an excellent solution purpose-built for this type of regular saving.
