Buy Gold Coins Or Bars

Read on to learn more about the unique benefits of buying gold bars and gold coins.

Buy gold coins or bars.

During times of economic uncertainty you can rely on these metals to serve as wise investments. Buy gold and silver bullion coins or bars online at low prices. For this reason many investors switch their wealth into precious metals be it silver bars or coins or gold etc just to make sure that the value doesn t decrease drastically. Bullion dealers have to buy gold above the spot price.

Gold bullion bars. Bars are rectangular slabs of 999 pure gold and are produced in sizes ranging from 1 oz. Ranging from 1 troy ounce to even 32 troy ounces gold bars are available in various sizes. A flat bar struck using 999 usually pure gold is known as a gold bullion bar.

You can check out here for investing guide for expensive metals. It is often the cheapest form of gold but to ensure a good resale price make sure that you are buying a brand that is well accepted in the market perth mint and abc bullion are the most common in australia. These large bars are an efficient way to buy physical gold particularly if you are going to store your larger gold bullion holding in a recognized insured precious metals storage facility. Like coins gold bars are portable private and liquid though their advantages are often less.

To 1 kilo with many sizes in between. Gold bar sizes both private and government mints make various sized gold bars and gold coins respectively. Also if you have a working use for the gold such as in electronics manufacturing or the arts these large gold bullion bars are the most cost efficient. The most effective way to keep premiums at an absolute minimum is to buy gold bars or silver bars if you are looking to invest in silver bullion.

Advantages of buying gold bars. However 1 gram 1 oz 100 gram and kilo size remain the most common weights available in the bullion market. In terms of gold coin vs. Gold products cast bars.

Gold bullion bars have lower premiums over the spot price of gold when compared to gold bullion coins and the variety of options is far more diverse. Gold coins are quite easy to store and are less obvious than gold bars when stored at home. The most common gold coin size remains one troy ounce 1 oz while the international exchange standard gold bar is no longer the old 400 oz gold bar central bank standard but the lbma approved 1 kilo gold bar exchanged on the shanghai gold exchange the world. Some coins are 24 carat but others may be as low as 21 6 or 22 carat making it more difficult to value your new coins when dealing with fractional purities.

Gold bullion bars are available not only in the aforementioned weights but also styles including cast hand poured and minted ingots. Cast bars refers to gold poured into a mould which results in a distinctive round edged look. Bars rounds coins. Cons gold coins are sold at a premium over a comparable weight of gold in bar form.