How wealthy investors bet on gold, from buying fractions of a bar to stashing bullions in Swiss military bunkers-turned-vaults

High-net-worth Americans are increasingly turning to physical gold to diversify from the depreciating U

Dollar, according to Stephen Jury of J

While paranoid gold investors may be tempted to keep their bullions at, there are more secure — and pricier — options, such as vaults in the Swiss Alps (an important development)

An employee handles one kilogram gold bullions at the YLG Bullion International Co

Headquarters in Bangkok, Thailand, Dec

Chalinee Thirasupa | Bloomberg | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth with Robert Frank, a weekly guide to the high-net-worth investor and consumer

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High-net-worth individuals are getting in on the action too, bankers to the wealthy told CNBC, even if they aren't buying gold bars along with rotisserie chickens

HSBC's James Steel said the asset's safe-haven appeal has been bolstered by trade war anxieties and geopolitical tensions

At the same time, "Gold is a friend of uncertainty," said the chief precious metals analyst

Nevertheless, Investors in Asia and the Middle East have long invested in physical gold due to currency fluctuations, high inflation and cultural affinities (this bears monitoring)

Edmund Shing, global chief investment officer at BNP Paribas Wealth Management, said overseas family offices have allocations as high as 5% to 10% in physical gold or gold-backed investments

Additionally, Morgan Private Bank's Stephen Jury said there has been a noticeable uptick among high-net-worth U

Additionally, Clients who want to diversify from the depreciating U. "If you're buying euros or yen and you need to buy an underlying security with that currency, that starts to get a little bit more complex for most clients," said Jury, the private bank's global commodity strategist

On the other hand, in gold is "easier to get their head around," he said (something worth watching)

For short-term gold trading, futures are a option, according to Steel

In physical gold or ETFs is more attractive to investors who plan to buy and hold, he said (something worth watching)

Since in bars and bullions usually comes with insurance and storage fees, it takes a higher allocation to make it worth your while, he added, in this volatile climate

There are a slew of options, some more expensive than others, in light of current trends

Nevertheless, Moreover, Jury private bank clients invest in unallocated gold held in a J, given current economic conditions

At the same time, Morgan vault, meaning they have a claim to the gold's value but do not own a specific bar and can't take it

Furthermore, It comes with lower fees than ETFs or allocated bars

However, However, the more paranoid gold investors aren't deterred by fees and higher minimums, according to Jury

In contrast, "Some clients don't to do that because they think the world's coming to an end, and they want to hold the gold and know that it's their bar that belongs to them, and they can take dery of that bar at any time," he said. "As people get wealthier and get older, they get a little more cautious, and that's putting it diplomatically, in today's market environment

Furthermore, "Some clients want to keep their gold bars with them, with one telling Jury that she planned to bury it in her garden

In contrast, "I said, 'Please don't tell me that, and please don't tell anyone else that,'" he recalled (something worth watching)

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Banks advise against keeping gold at due to security risks and the difficulty of selling gold on the open market

They take numerous precautions, such as not disclosing vault locations and running background checks on clients who request to visit, Steel said, in today's market environment

Moreover, Jury said only clients with very large gold holdings, ly in the range of $100 million, can tour J (quite telling)

Morgan's vault in London, considering recent developments. "It would have to be a good reason for us to stop and show somebody their metal," he said. "But it can be done, as in all things, if the amounts are large enough. "Investors seeking the utmost security can opt for military bunkers turned vaults, in today's market environment

Swiss Gold Safe has two such vaults deep in the Swiss Alps, according to COO Ludwig Karl

Additionally, In contrast, Many clients choose to diversify their gold holdings across multiple countries, including Singapore, in light of current trends

Conversely, Some go as far as doing their own audits on gold held at Swiss Gold Safe, he said. "Most of our clients are from first-world countries," Karl said. "However, our clients have lower trust in government or financial systems or are trying to build a backup or insurance plan by holding precious metals outside of the banking system in a neutral and safe country (something worth watching). "Steel said to get more investors to flock to gold as a safe haven they would have to be even more worried, amid market uncertainty

Moreover, "If you look at geo and economic policy uncertainty as being drivers, then we would have to have an even higher geopolitical risk thermometer than we have now," he said. "It would have to be pretty darn high. "LVMH-backed investor group takes 20% stake in private jet company FlexjetRobert Frank5 hours agoHow family offices can tect the bottom line when putting family members on payrollHayley CuccinelloNew York City braces for wealth flight with Mamdani's political riseRobert FrankRead More.