In effect it told uk investors and savers to buy gold.
Buying gold bars from bank of england.
Our gold vaults hold around 400 000 bars of gold worth over 100 billion.
How to buy gold bars.
Because gold tends to rise when interest rates fail to rise faster than the cost of living.
For example if gold is selling at 1 400 per ounce and.
Buy gold in workable sizes.
Gold bar buyers should consider the ease with which they can liquidate the bars as part of the buying process.
Can i buy gold from the bank of england.
In the past you could exchange banknotes for the equivalent value in gold at the bank of england but this has not been possible since the early 1930s.
Now that the bank of england has decided to start printing money investors worried that inflation will result are thinking of turning to gold a traditional store of value.
That makes the bank of england the second largest keeper of gold in the world the new york federal reserve tops the list.
If you stacked them all on top of each other they would be the same height as 46 eiffel to.