Buy Gold Bullion coins – An Easy Method To Invest In Gold

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In these gloomy economic times, more folk are looking at gold as a safer asset class than stocks and mutual funds. Investing a portion of a balanced portfolio in silver and gold could act as a hedge against inflation. Precious metals are normally not as susceptible to the same gyrations as the bond and stock markets. Typically, gold is not correlated to the stockmarket or the bondmarket. A portfolio of gold coins might add stability and value to your portfolio.

One of the best ways for small investors to invest in gold is with gold coins. Gold coins are more often than not worth more compared to gold bullion bars. This is {because gold coins are more expensive to make than gold bullion bars. One benefit of gold bullion coins over gold bars is gold coins tend to build more coin collecting value over time. The reason for this is most gold coins are struck with the year on it. The older the gold coin more often than not the more coin collecting value it will build up, if it is maintained in a good condition.

Here’s a few of the most trendy gold bullion coins

American Gold Eagles

The American Eagle gold bullion coin was first produced by the United States Mint in 1986 being authorized by 1985′s Gold Bullion Coin Act. They are guaranteed by the United States government to contain the stated amount of gold in troy ounces. Legally the gold in these coins must come from sources in the U.S. It is backed by the U.S. Mint, and authorized by Congress for content and weight. It is available in 1/10 troy ounce, quarter troy ounce, 1/2 troy ounce and 1 troy ounce denominations.

The reverse side features a female eagle and chicks in a nest, and above them the male holding an olive branch. The other design features Lady Liberty bearing a torch in her right hand and an olive branch in her left, and in the left background, the Capitol building.

The United States Mint also mints a proof version for numismatists. Most American Eagle gold bullion coins are manufactured at the West Point Mint in New York state and bear a W mark under the date of issue. As with all other gold coin, their actual market prices varies from day to day based on the latest spot price of gold.

Buy Krugerrands

The Krugerrand was the world’s first gold bullion coin, being minted in 1967. The gold South African Krugerrand was named after the last president of the old South African Republic, Paul Kruger. The gold South African Krugerrand coin was also the first gold coin that contains precisely one ounce (33.93 grams) of 22 carat gold. South African Krugerrand coins don’t have any monetary value on them. Krugerrand prices are based upon the current value of one troy ounceof gold.

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Gold Bullion – All You Need To Know To Buy Gold Bars

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Adding gold bullion to your investments brings some matchless advantages. A gold bar is a highly liquid investment, the market is transparent, and few other investments can offer such a hedge against the ravages of inflation. When you buy gold bars, you’re joining a long tradition of canny financiers who prosper no matter what the state of the economy. But before you enter the gold market, it’s a good idea to understand the fine details of what you’re buying. Here’s all you need to know to buy gold bars.

Firstly, let’s look at how the quality of gold is measured and certified. You’ve probably bought gold jewllery at some point and are familiar with the term ‘karat’ (sometimes spelt carat) (abbreviation ct or kt). This is a measure of the purity of gold with 24-karat (or 24K) meaning the purest form.

This K system is used in the United States and Canada. It’s also known as ‘fine’ or 999 (also known as three nines fine) in Europe. Any number below 24 indicates that the gold is alloyed or mixed with some other metal. For example, 18-carat gold is 75% gold. Many European countries use what is known as the percentage hallmark stamp rather than the K. Thus 18K would be known as 750. When buying gold bars, you should only go for those with fineness of 0.999 and above (24 karats).

Next, let’s see how the quantity of gold is measured.

Precious metals such as gold, platinum and silver are measured in troy ounces. This has nothing to do with the ancient city of lore but is derived from the French town of Troyes which was a thriving precious metals centre and where this unit of measurement was first used. One troy ounce is the equivalent of 31.10 grams and so around 10% heavier than the avoirdupois ounce. Banks tend to buy and hold gold in metric tons with one ton equal to 32,150 troy ounces.

Next, let’s look at the different forms of physical gold you can buy.



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