The latest news about fixed rate Gold Bonds.
Mybestbuysavings.com has been providing clients with the best fixed rate savings and access to Gold Bonds for over 20 years, so it will come as no surprise that we have our finger on the pulse when it comes to news about the global gold markets.
Even with the risk mitigation offered by Gold Bonds, it is worth noting what is happening in the global gold markets today. Geopolitical tensions continue to keep the demand for gold high. Global unrest has always driven increased demand for gold and today there are many flashpoints around the world.
Ukraine
Now in its second year, it is hard to believe that Russia invaded Ukraine in February 2022, the war is showing no signs of a resolution. There are multiple factors underpinning this position, such as NATO’s stance that China is a “decisive enabler” of Russia, and calls for China to cease all material and political support. Or course, China rejects the accusations.
NATO’s continued support for Ukraine, causes constant consternation in Russia. Other countries like Norway are also ramping up support for Ukraine by offering aircraft, the list goes on. The situation is equally volatile in the Middle East, as the crisis rumbles on and shows no sign of slowing down.
Global gold reserves
Other key points that make this oldest of commodities a draw, are global gold reserves increased by 290 metric tons in Q1-24, and there has also been a notable increase in demand for gold from central banks.
Western gold ETFs have seen renewed interest following recent rate cuts, suggesting a potential upward trend in gold investments. Gold has surged by 12% year-to-date (YTD), making it one of the top-performing assets globally in 2024. The rise has been driven by central bank gold reserves, strong investment flows from Asia, resilient consumer demand and ongoing geopolitical uncertainties.
Being aware of these trends allows investors to anticipate market movements and make informed decisions about the timing and extent of their gold investments.
Fixed rate Gold Bond returns
Which brings us full circle back to the point of Fixed Interest Gold Bond returns. Most Fixed Interest Gold Bonds are offering bank beating rates and the award winning THG Capital Savings Gold Bond (THG Capital Savings is the sister company to mybestbuysavings.com and part of the multi award-winning Hinton Group) is no exception. With the general market in the public sector being retired people, looking for a solid return rather than the volatility of any direct investment, Gold Bonds prove to be a safe haven for individuals.
FAQs
What is a Gold Bond?
In simple terms, a Gold Bond is what we call a ‘financial instrument’ issued by a government or a financial organisation which allows individuals to invest in gold, without physically owning any of this precious metal.
What are benefits of investing in Gold Bonds?
Gold is often referred to as a ‘safe haven asset’ and is particularly attractive to investors during times of flux, such as geopolitical unrest and wars, as a means of protecting wealth. Fixed rate Gold Bolds are also a good option for investors who are looking for regular returns and a steady income stream.
Are there risks involved in investing in Gold Bonds?
Gold markets are influenced by global events, which means the price of gold can fluctuate. However, with gold streaming, a predetermined price is agreed for all of the gold produced, thereby preventing fluctuations. It is via gold streaming that mybestbuysaving.com can offer investors access to the best fixed interest savings bonds.
For more information visit www.thgcapitalsavings.com or call the UK based Head Office on +44 1243 767664 or WhatsApp +44 7716 856602.
