How I Think Of Gold Bullion
Gold has long been called a store of value. That’s a fancy little phrase to mean that it never depreciates. Gold doesn’t old, it doesn’t break down, it doesn’t need repair it just is.
It provides no dividends or other payments. You can’t do anything with it. And it’s kind of heavy to lug around.
That said, even without any other financial benefits, the fact that it’s a store of value makes it a useful financial instrument.
It’s disaster insurance.
Think about the Syrian refugees who are trying to escape Syria and get into safer havens like the United States they have little more than the clothes on their back and few worldly possessions. Seven years ago, the Syrian pound conversion rate was 57 SYP to 1 USD. Today, you’d need over 514 SYP to get 1 USD. The value of their currency has been decimated.
If things hit the fan and we were in a similar situation, the value of the United States dollar would plummet. Perhaps to zero. In that case, you better make sure some of your worldly possessions have value in the country you’re escaping to.
That’s where physical gold plays a huge role.
As weird as it sounds, if there is a stable government somewhere, there’s a place you can go and turn your gold into the local currency. If the USG collapses and you’re left fleeing to a country like Canada or China or Russia, you can go there with gold and do more with it than worthless Federal Reserve Notes.
Where Can I Buy Gold Bars Online
Bullionjoy is a reliable supplier of gold bars with a huge selection of the best value gold bars online. We stock small and big bars and PAMP, Umicore, Perth Mint, and Metalor, among other manufacturers. Take advantage of low prices and price breaks on large orders today by browsing the gold bars for sale on this website.
You can track the price of gold, on our real-time charts which provide live data and historical information on market changes. Our gold price chart makes it simple to compare the current metal prices to those from the past.
Buying Gold Bullion Online With Apmex
Throughout history, Gold has maintained a constant presence and value. The yellow Precious Metals significance cannot be exaggerated, as there is no other metal in the world with its prominence in both history and present-day value. Whether Gold bullion was used in international trade between nations or as a traditional commerce unit, its influence has continued to be the standard by which affluence is measured. Gold bullion transcends language and cultural barriers.
The value of Gold is consistent across the globe. Today, investors buy Gold as a hedge against inflation and market volatility. APMEX carries a large selection of Gold bullion products from bars, coins and rounds, there is something for every investor or collector within our assortment.
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Common Designs For 10 Oz Gold Bars
From the list of mints mentioned above, you can expect to find a range of popular designs. In many cases, you may already be quite familiar with these designs as many are produced on an annual basis and form the backbone of bullion holdings among countless investors. A quick rundown of these popular designs includes:
- Fortuna: The first intricate bar design in world history, Fortuna is released by PAMP Suisse annually and comes with gold, silver, platinum, and palladium options. The bars always feature Fortunas left-profile bust on the obverse and the PAMP logo on the reverse.
- Rosa: Another intricate design from PAMP, the Rosa design is far more delicate. The image on the obverse is that of a single rose stem with several blooming rose petals and a few thorns.
- Lunar Calendar Series: One of the newer bar collections from PAMP, this design series offers new images for each lunar date reflecting the animal featured on the Zodiac. This collection is unique in its use of reflective designs, with the obverse posing a different view of the same element as found on the reverse.
- Perth Mint Swan: Elegant and simple in its own right, the Perth Mint is Swan is by far one of the most respected bullion bar lineups and one of the most coveted by investors. It offers the beautiful image of the Perth Mint Swan with its swooping feathers.
Buy Gold In Workable Sizes
Gold bar buyers should consider the ease with which they can liquidate the bars as part of the buying process.
For example, if gold is selling at $1,400 per ounce and an investor has $14,000 with which to buy gold bullion, they will usually have an easier time selling the gold down the road if they buy 10 one-ounce bars rather than one 10-ounce bar. They can sell the one-ounce bars one at a time as needed, while they might have a harder time finding a buyer for the 10-ounce bar if they need to sell quickly.
Conversely, considering the tiny size of one-gram gold bars, investors sometimes save up to buy bars of a more substantial size.
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How To Buy Gold Bars Online In 5 Easy Steps With Bullionjoy
1. Browse our website and select gold bars youre interested in buying/investing in.2. Click the add to cart button on the item page and choose your desired quantity from the dropdown menu provided.3. Once done, click continue shopping or checkout now, depending on your preference.4. Fill in any necessary information on the order form.5. Type in your correct shipping address and preferred payment method, then click place your order.
We will then carry out our checks and have the gold bar safely delivered to the billing address.
Bullionjoy is a recognised gold dealer that has been trading online since 2016. With a huge selection of gold bars available at competitive prices, were certain that youll find what you need. In addition, we offer free shipping to anywhere in the United Kingdom on all orders.
Contact us directly if you would like more information on how to buy gold bullion bars.
How To Buy A Gold Bar Online
Buying gold bars online is a very convenient way to own precious metals. There are many advantages of buying gold bars online for instance, they are available 24 hours per day, seven days per week, 365 days per year! Gold bars are also shipped discreetly with insurance and typically arrive within 3-5 business days. You can also buy gold bars in smaller quantities, making them more affordable.
Gold is an excellent and stable investment. It has been used for centuries as a currency in coins or jewellery, but its also possible to invest your gold bars through Bullionjoy.
The stability with which gold prices have historically correlated greatly exceeds other investments like stocks and bonds making them perfect options when seeking long term financial security during times of economic turmoil. As a result, many financial advisors recommend buying this valuable commodity nowadays because its price track record makes you almost certainly not lose money. Moreover, investors dont need large amounts at once since many gold bars are available to purchase online.
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Buy Gold Bars And Silver Bars Online From The Uk Precious Metal Experts
When you buy gold bars and silver ingots from Cooksongold, we ensure the whole process is safe, secure and hassle free. We have an extensive range of silver bars and gold bars for sale, sourced from LBMA-approved refiners Sempsa and Heimerle + Meule, and each supplied with a certificate of quality and a unique serial number.
Can I Buy Gold On The Internet
Despite being the oldest monetary medium, dating back millennia, buying and selling gold is now heavily done over the internet.
Should the buyer prefer to buy gold through a more traditional route, such as over the telephone or even on the vendors premises, the internet is probably the best research tool in terms of comparing dealing charges, services and other factors.
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Physical Vs Paper Metals
Among the major decisions that a person will encounter during the initial investment process is whether to purchase actual physical metals versus paper metal, but before they can make this decision, it is important to understand what these terms mean and how each one operates. The term physical metal refers to an actual piece of precious metal bullion that has been purchased by an investor and delivered to said investor. These precious metals are restricted to the sole use of the purchasing investor, who is free to sell or trade these items as they see fit. No third party individual or establishment is allowed access to them. Although physical metals possess higher transaction costs than their paper counterparts, many investors consider them as the only true way of owning precious metals.
While paper metals offer lower transaction costs on precious metals investments, there are many risks and drawbacks to these forms of investments. In almost every instance of paper metal investing, the precious metals themselves are held or controlled by a third-party company or institution and offer investors limited accessibility. Should there ever be a financial crisis, these establishments have the right to seize your precious metals, leaving you with nothing more than a documentation of ownership. For investors seeking more security and personal control over their precious metal assets, physical metal investments are typically a better option.
Also Check Today’s Gold Rate In The Most Popular Indian Cities
| Today’s Gold Rate in Ahmedabad |
Gold Coins – Gold coins are more readily available than gold bars, in denominations of 5 grams to mostly 50 grams. Quite a few shopping portals and online jewellery shops offer BIS Hallmark gold coins of 24 Karat purity through online transactions. These include Snapdeal, PN Gadgil and FINCO India, and banks also offer gold coins in denominations of 2 grams all the way up to 50 grams.
Contracts – These are options wherein one has a deferred access to actual bullion. Spot contracts and future contracts are available from MCX, NCEDX, Bullion India, RSBL among others. While spot contracts are delivered immediately, they are subject to a lot of market volatility. Future contracts protect against market volatility of gold rates but come with an extended deferration of delivery.
Read more on Gold
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Why Should You Buy Gold Bars
You should decide to buy gold bars not just because its one of the most affordable and popular precious metal bullion products, but also due to the following reasons:
Regardless of the gold items, you opt to purchase, you will benefit from the decision to own one of the most treasured precious metals presently on the market. Gold is intrinsically valuable, with its worth and quality evident merely by touch or grasp. If you decided to buy gold bars and you would like additional information about their weight options and manufacturers, take a look at the following descriptions.
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The offers that appear on this site are from companies that compensate us. This compensation may impact how and where products appear on this site, including, for example, the order in which they may appear within the listing categories. But this compensation does not influence the information we publish, or the reviews that you see on this site. We do not include the universe of companies or financial offers that may be available to you.
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Buying 1 Oz Gold Bars From Jm Bullion
Please dont hesitate to contact JM Bullion with any questions you might have about these gold bars. Our team can handle your inquiries on the phone at 800-276-6508, online using our live chat, and via our email address. You can also check our Payment Methods FAQ if you have specific inquiries regarding payment types and purchasing minimums. Please feel free to contact us additionally if you do not find answers to your questions on this page.
Gold Bullion Bars Bottom Line
Even though theres something comforting about being able to touch what you own, investing in bullion bars comes with a set of risks and extra costs.
If you decide that owning gold bars is not your thing but would still like to gain exposure to this precious metal, read our article on the best ways to invest in gold.
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Common Weights Of Gold Bars
The most common weights purchased by investors are 1 Troy oz and 10 Troy oz bars. 1 Kilogram bars are also popular among gold buyers because the weight combined with the singularity of a product offers a better value when you consider the cost of gold per ounce in that singular 1 Kilogram bar. However, gold bars are popularly offered in a wide range of weights that surpasses the variety of any other precious metal product. Youll find gold bars for sale in the following weights:
- 1/2 Gram
- 500 Grams
How Do You Find The Best Deal
For starters? It pays to be aware of the latest bullion prices. Check out the bullion price tickers for up-to-the-moment gold spot prices. Knowing the current price of gold will help you get a better idea of what a fair price is for gold bars.
Use these prices as a baseline gauge, so youre aware of where the market stands when youre ready to buy gold, but dont go into the bullion marketplace expecting to pay spot price.
Buying precious metals always means that you will pay a nominal amount over the spot price. In the industry it’s called a premium or mark-up. Fair market value for a gold bar varies, but you can expect to pay anywhere from 2% to 5% over spot at a minimum.
This is mainly due to refining costs, distribution costs, andof coursea minimal amount going to the gold bar dealer or bullion broker to cover their overhead operating expenses. Those thin margins over spot are still better than the relatively higher premiums over spot you could expect to pay for gold coins .
Royal Canadian Mint gold bar
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How To Avoid Scams
Reputable and trusted sellers of gold must have a good review on Better Business Bureau.
Looking this up will let you know if the seller is to be trusted.
On the other hand, if they have engaged in less than desirable conduct, they will probably be featured on sites like Ripoff Reports and the like.
Try to look up as much about what’s been said about the seller and/or the website must precede any transactions.
Do your due diligence and try to double-check any claims of certification and licensing to see if they are as accredited as they claim to be. It also helps if they used trusted third-party appraisers industry professionals with traceable activity.
All fees must be disclosed before any transaction takes place too. That includes and transaction and handling fees and ideal the amount of mark-up they implement. This means the seller is upfront about the buying process.
When buying gold from other countries, be sure to brush up on the rules and regulations involved in the shipment of gold from abroad.
Depending on the quantity, gold might run into an issue with customs clearing even if they are pure and legally obtained.
Beware of beyond normal asking prices too. Finance, news, and gold market forecast websites usually report on the daily price of gold. Giving these sites even just a quick look-through can provide you with enough information to avoid basic scams in prices.
How To Buy Physical Gold Bullion
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Gold.
It’s amazing the power it holds on our society. The California gold rush in the late 1840s and early 1850s has been the stuff of lore . Even today, you can turn on Discovery Channel and watch a show about guys in Alaska mining for gold .
If you’ve been tempted by the yellow stuff, and you’re thinking about picking up some gold bullion as an investment, I’m here to suggest a different way of thinking.
Physical gold bullion isn’t an investment. It’s an insurance policy.
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How To Buy Gold In 2021
There are two main ways for people to invest in gold. They can purchase physical gold in the form of bullion bars, coins, and jewelry. Alternatively, they can invest in financial instruments: whether by purchasing shares of mutual or exchange-traded funds or by trading futures and options.
Our guide on how to purchase gold in 2021 will help you understand your different purchase options and what to look out for when investing.
