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If you’re looking for a way to make the most of your savings or start a new collection full of history and beauty, there’s no better purchase than gold. While buying gold coins and bullion is a time-honored tradition, many people make the mistake of purchasing their gold at the wrong time of year. The experienced pawnbrokers at Coins & Stuff in High Point, NC, want to help you get the most for your money.

They’ve put together a few tips to help you identify when the time is right to buy gold coins and bullion:

  • Prices Are Lowest at the Beginning of the Year: Historically, gold prices tend to dip to their lowest point in January. Keep an eye on the market value of gold around the first two weeks of the month. It typically drops to the lowest value of the year in the second week, making it the perfect time to invest in gold.
  • Gold coinsPurchase Before Summer: If you miss out on the lowest price in January, you’ll likely be able to purchase gold coins and bullion in mid-March through April at a relatively low price. Once the spring is in full swing, gold prices typically rise, so it’s best to buy early rather than waiting until later in the year.
  • Prices Soar During the Holidays: Towards the end of the year, gold prices go back up as the demand for gold increases. Though the prices may be higher during the late autumn, you should consider making the purchase before the end of the year, as gold prices typically do not reach the prior year’s lowest price the following year.

Gold’s stability and consistent growth in value make it the perfect choice for investors looking to diversify their funds. Whether you’re looking to invest in gold bullion or want to expand a relative’s gold coin collection, Coins & Stuff has a great selection at fair prices. Visit their website to learn more about their current selection, and call (336) 885-5323 for more information.

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