Prospective investors should also consider how they plan to store their gold bars. While it's possible to store gold bars in a safe at home, many investors prefer to store their gold in a safe or with a custodian. These services usually charge a fee, but offer greater security than a home safe. In reality, there are only three ways to store your gold: keeping it at home, using a bank's safe, or paying an outside storage company.
For those looking to Buy Gold in IRA, it is important to understand the rules and regulations associated with such investments. Yes, you can store gold or silver in many hidden places in and around your home. You can bury it in the backyard. Or put it under the mattress. Or put it in a trash box in the basement.
Or even hide it in the freezer. Gold should be stored in an area protected from high humidity and fluctuating temperatures. Both a lockable jewelry box and a safe are excellent investments for storing and protecting jewelry and other small items of gold value. Safe deposit boxes are also a popular option for storing metals such as gold.
Be sure to keep jewelry and other small gold items separate from each other to avoid dents or scratches. You can use archival quality tissue paper or soft cloth bags for this purpose. Secret storage is the simplest and least expensive method of storing gold or silver. This storage method is ideal for customers who own small or medium-sized collections of precious metals.
Just find a safe place to hide in your home or on your property and store your valuables. This prevents others from knowing their whereabouts and, at the same time, provides their owners with easy accessibility. Common practices for hiding precious metals include hiding them in a hollow book or burying them in the garden.