In the past, I used to buy physical gold for various reasons, and by now, it has been profitable. However, the buying-selling price difference is quite high, around 3% - 5% (depending on the store), which leads to a decrease in my profit. Conducting buying and selling, especially with short-term trading, is very difficult. Moreover, sometimes you have to queue (especially when buying), and when selling, they check all sorts of things, negotiating deductions for packaging and other stuff. When buying or carrying it, there's always the fear of dropping it or being robbed, a lot of negative psychological factors. Since discovering this, I've gradually liquidated physical gold to invest in it. There are risks in every channel, but the prices are not transparent, and most of the concerns I had when investing in physical gold in traditional channels have been resolved.
What do you all think? I would like your opinions.
