This is one of the first options that comes to mind when thinking about where to keep gold safe. In reality, there are only three ways to store your gold, keep it at home, use a bank's safe, or pay a third-party storage company. Secret storage is the simplest and most economical method for storing gold or silver. This storage method is ideal for customers who own collections of precious metals from small to medium size.
Simply find a safe hiding place in your home or on your property and store your valuables. This prevents others from knowing your whereabouts, while providing your owners with easy access. Common practices for hiding precious metals include hiding them in a hollow book or burying them in the yard. There are two basic types of storage space.
These are mixed (segregated) and allocated. Allocated storage means that your buckets are still in your name, but they may not be stored far from other buckets or all together. Each item is kept on record, but the physical asset could be mixed with the holdings of other depositors. This process increases the time needed to withdraw assets and causes some to worry that assets will be lost or lost.
Gold should be stored in an area protected from high humidity and temperature fluctuations. A lockable jewelry box or a safe are great investments for storing and protecting jewelry and other small gold valuables. Safety deposit boxes are also a popular option for storing metals such as gold. Be sure to keep jewelry and other small gold items separate from each other to avoid dents or scratches.
You can use archival quality tissue paper or soft cloth bags for this purpose.