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1. **Physical Storage**: In physical terms, gold can be stored as coins, bars, or jewelry in the form of protection in safes or vaults.
2. **Financial Instruments**: Gold is also invested in by investors in the form of financial instruments like gold ETFs (Exchange-Traded Funds) or mutual funds that follow gold prices.
3. **Bank Safety Deposit Boxes**: A majority of people prefer to store their gold in bank safety deposit boxes, which provide protection from loss or theft.
4. **Insurance**: Insuring gold stored is essential to prevent losses during theft or damage, providing owners with assurance.
5. **Market Volatility**: Gold is also used as an inflation hedge and economic uncertainty hedge, and therefore keeping it is a wealth preservation strategy.