Precious metals guides

It depends on your goals. Gold is typically viewed as wealth preservation — it's been a store of value for thousands of years. Silver has both investment and industrial demand, making it more volatile but potentially offering higher returns. Many investors hold both for diversification.

Read our gold buying guide and silver buying guide .

Coins (like Sovereigns and Britannias) typically have higher premiums but better liquidity and, in the UK, potential CGT exemptions. Bars have lower premiums but are less liquid and always subject to CGT. For most first-time buyers, coins are the better choice despite the higher premium.

Read our Sovereign buyers guide and gold bar buyers guide .

Most financial advisors suggest 5–15% of your portfolio in precious metals, depending on your risk tolerance and goals. Gold is an insurance policy, not a get-rich-quick investment. Start small — one or two coins — to understand the process.

Read our portfolio allocation guide .

You have three main options: at home (safe or hidden), in a safety deposit box, or in professional allocated vaulting. For small amounts a home safe is common. For larger holdings, allocated vaulting offers insurance and security without counterparty risk.

Read our allocated vs unallocated gold and storing gold at home .

It depends on the coin. Sovereigns and Britannias are UK legal tender, which makes them CGT-exempt regardless of profit. Gold bars and foreign coins are subject to CGT above your annual allowance. Silver bullion is also subject to CGT, but not VAT in the UK.

Read our full CGT guide for gold and silver .