Buying gold in Canada is very similar, and just as easy as buying gold in most countries like the US, UK, or Australia. The Canadian Royal Mint manufactures some of the finest gold coins in the world, including one of the most prized ones, the Canadian Gold Maple Leaf.
Just because you live in Canada, does not mean you have to purchase gold from only Canadian dealers either. The US has many extremely large and very reputable gold dealers that often have the best prices on the precious commodity. If you do happen to use them, they will send it to you the very inexpensively and it will be fully insured.
The following website is used by many investors in Canada to buy gold, goldmoney.com. In addition, if you would like them to, they can also store your gold in highly secure vaults that are located in either Zurich or London for very reasonable fees.
Other than what was mentioned above, a Canadian investors needs to make exactly the same type of decisions as all other gold investors do. One of them is, do you want to purchase gold coins or gold bars? Once that is decided, you will want to determine what percentage of your overall portfolio do you want to have in gold.
Next, you need to think about where you are going to store it, and finally if you are going to insure it. Physically taking possession of gold should be considered a long term investment. If you are only interested in short term profits, you should look into gold contracts or gold ETF’s.
The collecting of gold coins as a hobby can be quite a fun pastime, in addition to being very lucrative if you purchase the right coin, at the right time. Now that you know all of that, what are you waiting for, it is time to start buying some gold.