Analytics

There are many ways to invest in gold and silver. Investment coins are one of the popular assets for investing in precious metals. The coins have an attractive design, so can also be a luxury gift.

Spain has minted a gold investment coin featuring a bull. The coin was issued in 2022. The quality of minting at the coin is the highest, namely, the reverse proof. Recall that in 2021 a coin was issued with similar quality, but a lynx was depicted on the reverse.

Rising inflation has forced central banks around the world to tighten monetary policy. That doesn't bode well for asset classes like stocks and bonds. For example, the "S&P 500" is down 19% year-to-date, and the nominal yield of 10-year U.S. "treasurers" hovers around 3%.

After the outbreak of the Ukrainian crisis, the West imposed sanctions on Russian gold. However, bullion from Russia, which is classified as produced before March 7, 2022, can still be sold. Swiss refinagers can still legally import such gold, though most have said they will not.

US investment bank Goldman Sachs recently raised its forecast for gold to $2,500 an ounce by the end of 2022. The reasons for the appreciation of the precious metal are the high likelihood of a recession in the United States. Recall that at the end of last year, quotes of the yellow metal fell by about 4%.