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What is a gold savings plan?

February 08, 2012

One Answer

  1. Trustable Gold Posted 

    A gold savings plan (also known as gold accumulation plan or GAP) allows private investors a regular saving of gold over a specific period of time. By way of a gold savings plan, investors can invest in gold by making regular purchases of gold and steadily build up a holding of physical gold.

    With gold savings plans, the physical gold is typically stored securely on behalf of the investor at a central vault.

    Gold saving plans usually allow for a later sale or delivery of the accumulated physical gold.

    Most savings plans are based on monthly savings rates.

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