A general rule is to limit gold to no more than 5% to 10% of your portfolio. Depending on your situation and your risk tolerance, you may be more comfortable with a larger or smaller share of gold in your portfolio. The research showed that the “sweet spot” for the percentage of gold in the portfolio is 20%, which is also the ideal amount for a Best Gold IRA rollover. In the long term, this provides the best balance between risk and reward. Precious metals are expensive: precious metals are expensive and investors often pay high premiums to buy gold and silver.
Precious metals traders increase the cost of ingots and coins to make a profit and stay in business. The investor therefore buys gold or silver above the spot price. In addition, some coins and ingots also have collectible bonuses. These premiums can make ingot or currency very expensive compared to the current spot price of gold or silver.