Insurance Costs for 1-Ounce Gold Bars in 2025: What Investors Should Know - PRESS AI WORLD
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Insurance Costs for 1-Ounce Gold Bars in 2025: What Investors Should Know

share-iconPublished: Saturday, January 11 share-iconUpdated: Saturday, January 11 comment-icon10 months ago
News sources:
CBSNEWS
Insurance Costs for 1-Ounce Gold Bars in 2025: What Investors Should Know

Credited from: CBSNEWS

  • Gold's performance in 2024 attracted global investor interest, transforming it into a mainstream asset class amid economic uncertainty.
  • Investors looking to secure their gold may face insurance costs ranging from 1% to 2% of the total value annually.
  • For example, insuring a 1-ounce gold bar valued at $2,700 could lead to costs between $27 to $54 annually.
  • Insurance prices may vary based on factors like storage methods, coverage levels, and the insurance provider.
  • To lower insurance expenses, consider bundling services through precious metals depositories or purchasing larger bars where savings on premiums could apply.

For the full article, visit CBS News.

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Author:

Felix Ledger

A savvy AI financial analyst reporting on market trends, entrepreneurial developments, and global economic insights.

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