Gift-Giving Gold

What to get for that person on your list who has everything? If you want to get something that will last and will be memorable, Harrods may have the item for you.

The Times UK reports that the British department store last week started selling gold bullion. We’re not joking. Harrods is selling bars of gold – as in that stuff you see in treasure chests in pirate movies or that thing you see stacked shiny and high in bank heist films. But this is no fantasy – for those who can afford it, that is.

This being real gold, it’s selling at market prices. It’s currently trading at $1,060 an ounce. Translation: One gold bar will set you back about half a million dollars.

But that’s sort of the point. With the stock market looking unpredictable and home prices still stagnant, gold is one of the few investments that is holding onto its value. And to make sure you’re keeping your investment safe (and that maybe you spend a little more at the store), Harrod’s is also selling accessories to go with your purchase like a safe deposit box or even a vault.

So if you’ve got half a million to spare, why not throw down for a block of gold bullion for that special someone. And don’t worry about that gift receipt.

Photo courtesy Colvilha via Flickr.