Gold - Diamanti Italia

Gold, a Noble Metal

Scientists believe that gold arrived on Earth after the collision of two neutron stars in space some 3.9 billion years ago, creating a rare, highly malleable and fascinating bright yellow metal. Today, the demand for gold reflects the needs of two main market segments: on the one hand, central banks and institutional investors, which hold gold as reserve assets, i.e. deposits of profit-making goods; and on the other hand, the world jewellery industry, which uses mostly 18 carat ornamental gold, i.e. not pure gold but in alloy with other metals.

Diamanti Italia

Diamanti Italia

Investment Gold

In Italy, with Law no. 7/2000, the gold market was deregulated and it was established that gold for "investment" be solely and exclusively that in the form of bars and/or coins in legal tender in the country of origin. The law also stipulates the purity criteria for investment metal, which must be 999.9, corresponding to 24 ct. The unit of measurement and negotiation is the troy ounce from the English-speaking world, equal to 31.1035 grammes, quoted in dollars. In Italy, investment gold can only be sold by companies authorised by the Bank of Italy and it enjoys particularly favourable tax conditions; for example, its purchase and sale is exempt from VAT.

Gold, a Noble Metal

Scientists believe that gold arrived on Earth after the collision of two neutron stars in space some 3.9 billion years ago, creating a rare, highly malleable and fascinating bright yellow metal. Today, the demand for gold reflects the needs of two main market segments: on the one hand, central banks and institutional investors, which hold gold as reserve assets, i.e. deposits of profit-making goods; and on the other hand, the world jewellery industry, which uses mostly 18 carat ornamental gold, i.e. not pure gold but in alloy with other metals.

Diamanti Italia

Investment Gold

In Italy, with Law no. 7/2000, the gold market was deregulated and it was established that gold for "investment" be solely and exclusively that in the form of bars and/or coins in legal tender in the country of origin. The law also stipulates the purity criteria for investment metal, which must be 999.9, corresponding to 24 ct. The unit of measurement and negotiation is the troy ounce from the English-speaking world, equal to 31.1035 grammes, quoted in dollars. In Italy, investment gold can only be sold by companies authorised by the Bank of Italy and it enjoys particularly favourable tax conditions; for example, its purchase and sale is exempt from VAT.

Diamanti Italia

Gold as a Safe Asset

Gold has always been considered the safe asset par excellence for its characteristics of diversification, security and marketability.
Gold lends itself brilliantly to portfolio diversification. In fact, all large investors hold 24-carat gold bars in their capital, not least central banks and states. In particular, Italy is the third country in the world for gold reserves, after the USA and Germany. The security of this asset is due to the fact that it has an inverse correlation with the stock market, so its value tends to rise in phases of high tension and financial instability. It is defined as a "safe haven", suitable for offsetting losses on shares and/or bonds, for example. The great advantage of gold is also that of its marketability: being recognised as a currency in 160 countries around the world, it is easy to sell and therefore monetise.

Diamanti Italia

Gold as a Safe Asset

Gold has always been considered the safe asset par excellence for its characteristics of diversification, security and marketability.
Gold lends itself brilliantly to portfolio diversification. In fact, all large investors hold 24-carat gold bars in their capital, not least central banks and states. In particular, Italy is the third country in the world for gold reserves, after the USA and Germany. The security of this asset is due to the fact that it has an inverse correlation with the stock market, so its value tends to rise in phases of high tension and financial instability. It is defined as a "safe haven", suitable for offsetting losses on shares and/or bonds, for example. The great advantage of gold is also that of its marketability: being recognised as a currency in 160 countries around the world, it is easy to sell and therefore monetise.

Diamanti Italia

Diamanti Italia

The Price of Gold

For over 100 years in London, the historic headquarters of the London Gold Market Fixing, every day at 10:30 a.m. and 3:00 p.m. the price of gold has been set, following a conference involving dealers from the five most important bullion banks in the British capital.
Trying to maintain a balance as much as possible, so as not to affect the cost too much on the basis of market shake-ups, this system allows a safe, controlled and transparent price of gold. The price of gold declared every day by the London Fixing is based, in fact, on a balance of the real relationship between supply and demand, considering the orders of all participating banks.

The Price of Gold

For over 100 years in London, the historic headquarters of the London Gold Market Fixing, every day at 10:30 a.m. and 3:00 p.m. the price of gold has been set, following a conference involving dealers from the five most important bullion banks in the British capital.
Trying to maintain a balance as much as possible, so as not to affect the cost too much on the basis of market shake-ups, this system allows a safe, controlled and transparent price of gold. The price of gold declared every day by the London Fixing is based, in fact, on a balance of the real relationship between supply and demand, considering the orders of all participating banks.

Diamanti Italia

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