Tuesday, July 23, 2013

Gold Bar Pricing

By Sienna Nalin


If you are thinking about finally investing in buying a gold bar, you have come to the right place to make that decision. Gold bars are one of the best investments that you can make because of the fact that it is pure gold. With it being pure gold when it comes to selling it later or anything of that sort you don't have to worry about melt down prices since it is pure gold and nothing needs to be extracted. The fact that you know the guaranteed price of a gold bar based upon the weight is also a bonus.

Gold comes in several forms from an investment standpoint, and there are a number of formats by which to buy gold. One of those options is gold bars. Buying gold bars carries many benefits over buying gold in other forms, like coins or stock. But first, let's list a number of different types of gold bars available to consumers: 1,000 kilogram bars, 400 ounce bars (popular with banks and professional gold dealers), 1 kilogram gold bars, 100 gram bars, 50 gram bars, 20 gram bars, 10 gram bars, 10 ounce bars and 1 ounce gold bars (popular for individuals).

As house gold can come in many different sizes. There are even such sizes that are not common. The reason there are many different sizes of gold bars is so that everyone has a chance at owning one. As far as prices go with the size of the bars the smaller the cheaper, the bigger the more expensive. The benefit of owning a gold bar is that you have possession of your physical gold. That means when the economy crashes completely your gold's price does not change any.

Gold bars are also easy to trade, another benefit to owning them. The global gold supply is limited, and the amount of available gold is dwindling each year. If you own gold bars, you own a piece of that overall supply, and there will always be a market that is happy to buy it from you, if and when you decide to sell. On the other hand, some unique gold coins may not be as easy to sell. The fact that they are coins sometimes adds complexity to their value, whereas gold bars are just plain gold, pure and simple. Gold bars also are usually closer connected to the actual price of gold than coins are. This means that when you buy a gold bar, your price is based on the weight of that bar, usually with a premium included in the cost.

...More at Buying Gold Bars

If you are not sure what to do, I say just invest in a small gold bar. In the end you will come out on top because of the demand for gold. You have no choice but to make a profit when buying into gold.




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