I’m not a financial advisor, so please feel free to stop reading now. In fact, I strongly advise you not to take any advice on financial matters from me.

With that out of the way, it seemed to me yesterday that with the recent 10% slump in the price of gold, now might be as good a time as any to start investing in the metal. There are many ways to do so, one being through the government-owned Royal Mint, the UK’s official maker of British coins, located in Llantrissant, Wales, since 1968. Its website is here.

The Royal Mint offers a number of options to invest in three precious metals – gold, silver, platinum – and in a number of forms including bars, coins… I’ve invested a very modest sum in gold through their offering DigiGold. From the web page:

“We’ve traded precious metals for 1,100 years. Now you can do it in seconds. Buy, sell and spread your risk, all at the click of a button with our DigiGold account.

DigiGold is the simplest way to invest in precious metals. Accumulate gold, silver and platinum in fractional quantities, execute real-time trades from your computer or smartphone, and benefit from economies of scale inherent in partial ownership of larger bars. And with your holding stored safely in The Vault® , there’s no need to worry about security.”

You can check the value of your investment at any time. The website is excellent, very informative and user-friendly. The Music Legends Collection consists of coins commemorating John Lennon (2 designs), Freddie Mercury (1), Iron Maiden (1) and… er… The Spice Girls (11).

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