Deposits in gold: features, conditions, interest and recommendations

Options for investing free cashmeans of mass. Along with risky stock, currency market, mutual funds there are also risk-free bank deposits, savings certificates. Credit institutions also offer their clients deposits in gold.

Kinds

Metal accounts are divided into two types: bills of responsible storage and impersonal metal bills. In the first case, an individual buys an ingot of gold and transfers it to the bank for safekeeping. In the second case, the invested funds are simply tied to virtual metal. The value of the deposit changes in the same way as the gold rate.

Buying an ingot

This type of investment is accompanied by registrationpackage of documents. In particular, the client receives a certificate (p. 377-k), which indicates all information about the investment: the number of ingots, their weight, sample, series, price per ounce. Sell ​​in the future bullion will be possible only if you provide this receipt. Interestingly, in the Russian market, not all banks involved in the sale of ingots buy metals from customers. Moreover, when selling "foreign" metal, the bank requires confirmation of ownership (the same receipt 377-K). Although the situation is not so critical. In Ukraine, for example, banks buy out "foreign" ingots from discounts of 20-30%. This category includes metals that have the name of the bank in the inscription.

Features

Ingots must be stored correctly and safely. Leaving an ingot at home is not safe either because not every bank is ready to buy out a "foreign" ingot. For the storage service, the bank charges an additional fee. Impressions, burrs, scratches immediately reduce the cost of the product when selling. The presence of serious defects can serve as a reason for refusing to purchase.

Store the ingots in plastic orpolyethylene transparent packaging. You also need to know immediately whether the type of packaging affects the purchase / sale of metal. Some banks purchase ingots only in the original packaging. Damage to the container also carries a decrease in the cost of the ingot. According to the bankers, in this case the metal loses its appeal. Such a bullion bank may refuse to accept, since the issue of their further implementation causes a lot of problems. Although some institutions in this situation buy an ingot at the price of scrap.

Deposits in gold are not insured. In the event of bankruptcy of a financial institution, the customer will not be able to recover his funds.

When buying and selling ingots will have to payVAT. If the price from sale will grow at a rapid pace, then in a few years the profit from sales will cover losses from the unreturned tax. You can save on the tax by purchasing metal coins. Their price depends not only on the cost of metal, but also on international quotes and exchange rates. Investing in coins is more profitable than in metal.

Spread

It is clear that the price for the purchase and sale of metalwill be different. The real spread on the market can be 13%. But in the banking sector there is a high level of competition. Therefore, the difference in price can reach 30%. The purchase price, contrary to the widespread myth, in Russia is not much different from the world. The difference is 2-3%.

The cost of ingots is also affected by the presence of stigmaquality: Argor, Degussa, Umicore. This stamp certifies the metal sample and identifies the manufacturer. The latter is understood as the refining companies recognized as suppliers of the London market of precious metals. This reputation has 25 out of 60 companies in the world. The status of the highest class is assigned by the London Association of Market Participants (LBMA).

OMS

OMC is an alternative to the stock market. The customer buys a virtual precious metal. All information about the investment is displayed on the depersonalized account. The owner can profit from the resale of "ingots" or in the form of interest on the deposit. The bank transfers to the client on hands not metal, and the documents confirming the right of possession. The contribution is not made in money terms, but in grams. With the right approach to investing, the contribution to gold for the year can bring up to 50% of the profit. But for this you need to focus not only on bank interest, but also independently analyze the market.

Nuances of investing

First of all, you need to select the type of account. It is better to open time deposits in gold with interest accrual than usual. Even if the price of metal is greatly increased over the period of the contract, it is always possible to terminate the contract ahead of schedule, losing a part of the interest.

Interest is assessed on personal income tax (13%). If the customer withdraws the deposit in the form of cash, the bank takes over the functions of the tax agent in calculating the amount of the fee and transferring funds to the budget. If a customer takes an ingot of metal, he will independently have to file a tax return and pay the fee amount.

Deposits in gold Sberbank

The first in the Russian OMC market was theoffer Sberbank. At that time on sale were gold, silver and platinum ingots of different weights (from 1 gram to 1 kg). Demand for metal of fine denomination was so high that ingots simply did not suffice.

And today the largest financial institutionThe country also provides services for the opening and maintenance of metal accounts. Contributions to gold Sberbank does not provide in all regions and branches. Therefore, the first thing to do is to find a branch on the bank's website that works with the MLA. To conclude a contract, the client must provide his passport.

Sberbank Gold (metal contribution) implementsalso when receiving an electronic application from the Internet banking system. For its registration, you need to log in to your account, go to the "Deposits" section, select the "Open Account" item, indicating the "Unallocated" view. At the next stage, you need to select the type of metal, specify its mass and the account number for debiting funds. So through the Internet, Sberbank makes a contribution to gold. The rate is automatically set taking into account quotes. To confirm the application you need to click on the "Open" button, check the correctness of the specified data and "Confirm" the questionnaire. You can also manage your account through your personal account.

The price of metal deposits

The course of gold today and for any period of the pastYou can also look at the bank's website. To do this, on the main page, select the item "Quotation", the value "Metals" and specify the time interval of interest. If you want, you can also see the price archive. The bank does not charge interest on CBOs. Profit is formed due to rising prices for metal.

Benefits

• Almost no cheaper metal deposits. Gold in the long run is growing in price. Demand for this investment is greatly increased in times of crisis. People try to save the accumulated funds by investing them in reliable financial instruments.
• When closing an account, a customer can receive an ingot of gold or the value of a deposit in monetary terms. But in this case it is necessary to pay VAT in the amount of 18% of the deposit amount.
• On ordinary accounts, profits are formed with the growth of prices.
• The deal of buying and selling is processed instantly, without additional transactions. No fee is charged for opening and keeping an account.
• An even minor citizen can open an account (up to 14 years - with the permission of the parents or guardian).

Banks that offer deposits in gold canincur only one type of risk - physical deterioration of metal quality. Gold, like any other metal, is subject to physical deterioration. From this, even the fulfillment of all requirements for the storage of metal can not be saved. In the long term, the price of gold is constantly increasing. The depreciation of the dollar, the main world currency, stimulates central banks to replenish gold and foreign exchange reserves.

Conclusion

Trade in the market is not a job for the faint of heart. In the long term, a real income can bring a contribution to gold. It is profitable to invest in ingots of OMC, each investor decides for himself. Other things being equal, the contribution to the CHI will bring more profit to the investor than buying the ingot.