CanAm Currency Exchange (519-915-5151) has updated their collection with a 24-carat Royal Canadian Mint gold coin.
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The latest addition is a 1-oz gold coins with 99.99% purity or fineness, suitable for collectors and investors and are certified for gold Individual Retirement Accounts in the US.
For more information, visit https://canamcurrency.com/collections/gold-coins
With gold prices increasing in the past three years, financial experts say that gold can serve two purposes in a client’s investment portfolio: a hedge against inflation and a source of income. According to a report in Forbes Magazine, gold prices reached an all-time high of $1800/oz in 2022, but it is still expected to go up to $1900/oz in 2023 as long as the current economic situation continues.
CanAm Currency Exchange explains that gold has a unique characteristic that no other asset has. Unlike stocks, mutual funds, and even real estate, the price of gold moves opposite to the stock market trend. This means that when the market takes a plunge due to political instability or global economic crises, the value of gold increases as traders withdraw their funds and put them in less volatile assets like gold.
Royal Canadian Mint gold coin is one of the most established gold coins worldwide. They can be traded anywhere, and owners say they are easier to liquidate at more reliable prices. Compared to jewelry or raw gold, which will be subject to more scrutiny and lower pricing, these coins are certified by a Crown corporation, so the owner’s ROI is always ensured.
Each piece in CanAm Currency Exchange’s collection of 1 oz Royal Canadian Mint gold coins comes with a protective sheath that protects the coin from dents and scratches. They also bear an authenticity certificate and other security features, which include micro engraving and radial lines.
CanAm Currency Exchange encourages owners of Royal Canadian Mint gold coins to keep them in their protective casing to maintain their pristine condition. "These coins should not be circulated to protect their value, as even slight damages can drastically lower the price owners can get for them," a company spokesperson said.
Aside from the 1-oz, CanAm Currency Exchange also has 1/2-oz and 1/10-oz Royal Canadian Mint gold coins, which are ideal for investors who want more exposure to the gold market.
For more information, visit https://canamcurrency.com/collections/gold-coins
Contact Info:
Name: Viv
Email: Send Email
Organization: CanAm Currency Exchange
Address: 3234 Dougall Avenue, Windsor, ON N9E 1S6, Canada
Website: https://www.canamcurrencyexchange.com
Source: PressCable
Release ID: 89094800
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