It is no longer a “boom” but an ascent that seems unstoppable. After an increase in its course which was already 35% in 2024, the Once d’Or left to do even better, with an increase of 46% (in dollars) on the first nine months of this year. Currently negotiated around 3,870 dollars, the 31 grams of gold – an ounce – could well reach $ 4,000 by the end of the year, and, in the medium term, the 5,000 dollars head is even envisaged by certain analysts.
If, for yellow metal, the lights seem green, how can you, if desired, embark on this investment as an individual? There are different ways to hold gold and thus be exposed to variations in its course.
Ingots and parts, and storage constraints
The first, the most obvious, is the detention of “physical” gold, in other words to buy ingots, ingotins or online collectors or in a specialized shop. The main advantage is that you directly hold your gold, without intermediary. This can reassure investors who believe in the refuge value of gold, that is to say in its ability to maintain a value even in the event of collapse of the financial or banking system. Disadvantage is of course the risk that you take to keep an object of such value in you. Thus, the purchase of physical gold must also be accompanied by an additional investment in a safe, or a secure part, for example.
To compensate for storage constraints, we can also invest in “intangible” gold, which is called “paper”. In fact, it is simply a question of investing in gold on the stock market, via an ordinary securities account, for example. There are indeed ETFs or “trackers” which reply the evolution of the golden price. The advantage: we can invest the amount you want (from one euro on certain securities account), and therefore not be forced by the price of a room or a ingot (on the current course, a one-kilo gold ingot is for example 106,000 euros). It is also possible to invest in actions of gold companies, whose valuation tends to evolve in the same direction as the price of gold.
Make gold on the stock market or through a bank account
In both cases, one of the disadvantages is that there is a risk of losing all or part of your investment, if the issuer of the ETF or the gold company were to go bankrupt. Above all, taxation may be heavier during the sale. When reselling physical investment gold, the flat metals (TFMP) of 11.5% applied, or a 36.2% tax on gains, but declining in time (up to 0 after 22 years). While the day you resell a financial title like an ETF or an action, it is a single flat -rate levy (PFU) of 30% on your earnings which you must pay
Last option, which can be seen as a “inter-deux”: “liquid” gold, a solution offered by the company Veracash, in partnership with Fintech Trezor. Here, it is a question of having a bank account on which you will see euros which are used to buy physical gold, which is stored by the company. Thus, you avoid the constraint of the storage of physical gold, and you also have the flexibility of “paper” gold, with the possibility, as on the stock market, to resell all or part of your gold at any time. “Your money is well stored in a trunk, but if necessary, you can resell it without having to travel to the store with your parts or ingots”summarizes Nicolas Faucon, marketing manager for Veracash.
The disadvantage is that this “banking” solution is accompanied by different costs, notably with the purchase (between 0.5% and 3% depending on the type of gold chosen), and resale, if the money is donated by transfer to another bank account (1% of the amount). On the taxation side, this is the one that applies to physical gold that applies: flat -rate tax on the total, or decreasing tax on the gains, unless you have invested in the category of “jewelry and tokens” (like gold parts never having had legal lessons). In this case, you can sell up to 5,000 euros without any taxation every 30 days.
