• Gold AUD86.9374 / gram ±2%
  • Updated: Oct 22, 2020 at 11:00
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  • support@qoneco.com
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INVESTOR CENTER


Investing in Gold

Are you considering investing in gold bullion?

We are here to help you find the products and services that are right for you.

Buying bullion is a straightforward process, but it can feel a bit daunting at first. That’s why we offer a number of services to help make your journey a simple one. Outlined below are the key steps to help make the physical bullion investment process easy.

Our highly experienced and expert staff members are also here to help you through your first steps into bullion investment, and will happily answer any questions you may have.

1. Open A Bullion Trading Account For Free

Bullion accounts are free to open and maintain. There is also no obligation for you to buy gold immediately, though once it is open, you can order online anytime at your leisure 24/7, 365 days a year. Applying for an account online will only take a minute.

2. Documentation required to open an account

We take our anti-money laundering obligations seriously. In order to open an account you will need to provide a copy of your photo ID e.g. drivers license or your passport and a proof of your residential address (utility bill or bank statement less than 3 months old). You will be able to up-load these documents when you create an account.

Also, take note of our Terms of Business and the payment terms. If you have any questions, please contact us, as we are here to assist you through this and make the process easy.

Qoneco will require you to complete its ID verification process once you have signed up. You are only permitted to purchase gold once you have completed the ID verification process.

3. Start Buying

Now that your account is up and running you are ready to make your first purchase. Thanks for joining us. We are here to help and look forward to your feedback, discussion and input into making this your one stop for all your gold investment needs.


Benefits of Gold

Historically, during periods of political uncertainty, cross border trade tensions and high inflationary and deflationary pressures investors have chosen gold as their preferred safe haven. Investors are also more likely to elect to invest in gold in anticipation of poor retail sector data and a weakening economy. Gold has always been a very popular asset for investors, in particular in Asian countries where gold is traditionally tied to prestige and wealth. Gold today is still a crucial part of the global economy. You only need to look as far as the balance sheet of major reserve and central banks to understand its importance. In an increasingly complicated investment environment, investors are looking at simple products that they understand, and often gold is used as a way of diversifying a portfolio.

Unlike paper currency, coins or other assets, gold has maintained its value throughout the ages. People see gold as a way to pass on and preserve their wealth from one generation to the next.

Gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline. Although the price of gold can be volatile in the short term, it has always maintained its value over the long term. Through the years, it has served as a hedge against inflation and the erosion of major currencies, and thus is an investment well worth considering.