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Where can I store gold – at home or in a bank safe deposit box?

Published by Mattias Söderström in category Articles on 27.02.2024
Gold price (XAU-SEK)
25925,00 SEK/oz
  
+ 292,70 SEK
Silver price (XAG-SEK)
314,14 SEK/oz
  
+ 10,13 SEK
Personer som kan förvara guld i ett bankfack

Gold is incredibly valuable, with a price of up to 700,000 SEK per kilo. Therefore, we have listed the best ways for you to store your gold as safely as possible!

Investing money in gold is an ancient practice. It feels secure and allows your money to grow stronger.

But once you’ve decided to buy gold, the next question immediately arises: How should I store the gold in the safest way? For this reason, we have gathered various tips and tricks – everything from using bank safe deposit boxes to finding clever hiding places in your home.

Whether you have gold bars, coins, or perhaps luxurious jewelry, there are usually always ingenious ways to keep the gold safe.

Store gold in bank safe deposit boxes

Perhaps the safest way you can store your gold is by renting a bank safe deposit box. Why?

Well, by storing your gold in the bank, you are offered very high security and protection against potential damage and theft.

Bank safe deposit boxes are ideal for storing gold bars and coins, as these often have a high value relative to their volume.

Store gold at home

If, on the other hand, you are someone who sleeps better at night with your gold within reach, there are actually ways to store it safely at home. But it requires a bit more than just choosing a spot on the bookshelf for the gold – you need to think through the placement of the precious metal properly and perhaps also invest in some smart security solutions!

Just hiding your gold under the mattress or in the sock drawer is not recommended and it could end badly if you are not more cunning than that.

Hiding gold is about finding those smart hiding places or just investing in a sturdy safe that resists both thieves and unexpected accidents like fire.

This clever safe book is available for purchase at Tavex at a good price!

Book Safe 1 In Stock

Leuchtturm Book Safe

We sell 249,00 SEK 249 249,00
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Store physical gold

When you decide to store physical gold, it’s important to consider both security and accessibility. When investing in gold, for example, a secret safe or a good hiding place at home can offer security but also easy access, which can be an advantage if you, for example, want to wear your gold jewelry on occasion.

So, storing gold jewelry often requires a fine balance between accessibility for personal use and security to protect the gold.

Protect your gold in the best way

It’s extremely important that you protect your gold. Not just against potential thieves, but also against things like fire, water, or acidic burps from chemicals (chemical corrosion). Invest in some smart storage and we also recommend that you insure the gold for that extra protection.

Storing gold is not just about throwing it in a drawer; it requires care and even some planning. By taking the right approach, you can sleep well knowing that your gold is safely stored.

A tip from us at Tavex: keep quiet about your gold to everyone except those you really, truly trust!

Purchase this gold bar at a good price!

The 20 g mint gold bar is manufactured by Valcambi, Switzerland's largest precious metals foundry In Stock

20 gram Valcambi Suisse Gold Bars

We sell 1+ 17644,46 SEK 15818.96 15818,96 15818.96 15818,96 15818.96 15818,96 17644.46 17644,46 17627.78 17627,78 17611.1 17611,10
We sell 17611,10 SEK 15818.96 15818,96 15818.96 15818,96 15818.96 15818,96 17644.46 17644,46 17627.78 17627,78 17611.1 17611,10
We buy 15818,96SEK
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Gold price (XAU-SEK)
25925,00 SEK/oz
  
+ 292,70 SEK
Silver price (XAG-SEK)
314,14 SEK/oz
  
+ 10,13 SEK

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