More Croats now Invest in Gold Bars and Coins

An increase in demand for investment gold has been observed in the last few months in Croatia. The popular  investment bars are 250-gram gold bars due to its excellent ratio between price and weight. It is an investment product which can be purchased for cash and is allowed to be transferred across the border without declaration. 

The value of a 250-gram gold bar is around €8,300 , which is below the maximum amount of 10,000 euros which the citizens are allowed to freely transfer across the country borders.

The 250-gram gold bars, 1-ounce gold bars are also often purchased because they are compact and easy to store. Their price is currently just under 1,100 euros, which is an acceptable price for a large number of buyers. Small investors who buy investment gold worth several hundred euros generally opt to buy gold bars which weight 5 or 10 grams, as well as small gold coins.

Some experts claim that every individual should have at least a part of their personal assets converted to gold and silver bars and coins. Even in times of economic growth and prosperity, it is appropriate to have at least five percent of the total investment portfolio in precious metals. 
While in times of uncertainty , with the possibility of the outbreak of a new conflict or war, a new refugee crisis, inflation or other economic problems, some say that the percentage of personal property turned into gold and silver should be increased to at least 20%.

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