The Tricks On How And Where To Buy Gold Bullion

By Olivia Cross


With the turbulent economy, diversification of our portfolio is the only way we can be sure to retain most of our assets in case of an economic meltdown. The ordinary classes of assets are categorized into four; the cash, securities, tangible assets, and real estates. Each category comes with its own level of risk and speculation. Unknown by many investors, there is another asset category that tends to perform better and defy ups and downs of the economy. This is the precious metal category. Wise investors use precious metals as a hedge against the inflation, deflation, and other economic risks. As a leading asset in the category of precious metals, the question of how and where to buy gold is a major concern for new investors.

Gold is easy to buy, sell and store. It is well recognized and accepted in all parts of the world. The gold bullion, for instance, is an ultimate on-shore asset which remains off-the-balance sheet. The easy, effective, and least expensive way to buy this class of asset is to purchase gold bullion. It avails the assets at a lower cost for every troy ounce of the metal.

Typically, the bullion bars are available in standard sizes of 1, 10, and 15 troy ounces categories. However, the 100 and 400 ounce bars are also available. There are a few dealers who also sell the bars that are less than one troy once to their clients to ensure that no investors are locked out.

The purity of the precious metal you invest in is very important. Ingots are very pure with an industry rating of a minimum fineness of . 995 fines. This ensures that you invest in the highest purity, clarity, and quality.

The bar prices for bullion are usually inclusive of a small premium of the spot price. This is there to cover the cost of processing the bar. However, the larger the bar sizes the lower the premium price when measured in percentage terms. The most important factor is the background of the dealer you do business with. The dealer must be legitimate and only offer the bars that are fully refined by recognized manufacturers. This is the best way to be protected from counterfeits.

In addition to this, as an investor, be ready to pay an assay fee that is done every time when buying or selling bullion with the help of a dealer. It guarantees purity and authenticity the bullion you are dealing with. The assay checks should be done as a way of determining the legitimacy and safety of both parties.

The bullion bars are not by any means the only option available. The coin bullion offers the second alternative. The coins are simpler to purchase, exchange, divide and hold. The bullion coins are typically the legal tender and are issued by the governments of the said countries. This guarantees their face value, its purity, and even the content. They are available in (1, 1/2, 1/4, and 1/10 oz).

There are many dealers and coin collectors who are ready to sell bullion coins and bars. All that is required is a proper background check of the dealer you are investing with. The metals must have the highest level of fineness and your investment is only guaranteed if you invest in the right bullion.




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