Gold Investment/Saving Options

Gold as an investment image
There are several gold investment and saving options although the best known and most popular are probably gold bullion coins and gold bullion bars. Both gold bullion bars and coins can be bought as well as sold at major banks, specialized store selling and purchasing precious metals as well as from the individuals. However, if you are choosing the last option to buy gold you should be very careful on the eventual frauds and that you do not buy it at higher price than it is at the bank or specialized store.

Gold bullion bar are being purchased in two different types - cast and minted according to the method of manufacturing, while the are also several different sizes from 1 ounce to ten ounces. However, there are also larger sizes such as 1 kilo gold bullion bars (32,15 ounces) as well as smaller bullion bars, weighting from one gram onwards.

The second option to purchase physical gold are gold bullion coins usually in sizes: 1 ounce, 1/2 of an ounce, 1/4 of an ounce, 1/10 of an ounce and 1/20 of an ounce. However, there is also a possibility for both investment and saving in gold without having the gold in physical possession via gold certificates or via gold accounts. Both gold certificates and accounts guarantee the ownership of certain amounts of gold without having it in physical possession.

One of the options is also investing in gold mining companies, however, this option does not represent an investment in gold but a share in a company that mines gold what requires a certain knowledge of equity market.

Read more about Gold, Silver, Platinum, Palladium, Coins or Mints

Buy gold, silver, platinum, palladium and other precious metals at JM Bullion.

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