• At home. This option offers instant access to your gold and complete privacy of ownership. The downside is that home break ins occur more frequently than bank and depository break ins. If you feel confident in your ability to keep your gold hidden, value having instant access to your gold, or are worried about government confiscation of your valuables, then this may be the best option for you.

• At the bank. Banks offer safe storage — but it’s important to consider that they don’t usually insure the contents of safety deposit boxes. Moreover, items stored at banks are susceptible to government seizures and bank holidays.

• In a private depository. A private depository offers safer, climate-controlled storage and insurance policies. The downside, however, is that you do not have instant access to your gold in the case of an emergency — and you will be paying a storage fee to boot.