Friday, February 27, 2015

The Tricks On How And Where To Buy Gold Bullion

By Olivia Cross


Mitigating the potential risks that come with the turbulent economy is the concern of every investor today. The traditional asset classes of marketable securities, cash, real estate, and tangible assets are no longer enough to mitigate the economic risks. Unknown to many investors, though, there is a key asset class that is less influenced by the economic turbulence. The precious metals are not much affect by inflation, deflation, political risks, and other economic risks. Since gold ranks top in this asset class, many investors have been seeking answers on how and where to buy gold.

Buying, selling or even storing gold is not difficult. It is recognized and accepted in all countries in the world, with a generally stable price. The bullion is an onshore asset and is kept off the balance sheet, which is another advantage. There are two major ways of investing in this asset; the bullion bars or coins. By investing in bullion, you will get the asset at a lower cost for every troy ounce.

The standard sizes of the bullion bars are 1, 10, and 15 troy ounces. It is still possible to obtain larger sizes of 100 or 150 troy ounces or smaller sizes of less than one troy ounce, all depending on your investment and your dealer. In order to be safe when it comes to purity, it is best to invest in ingots. They are very pure and their industry rating is . 995 fineness or higher. By investing in ingots, the quality, purity, and clarity are guaranteed.

Normally, a small premium is included in the bullion price. This is to specifically take care of the cost of manufacturing the bar. The trick is to invest in a larger bar as this premium reduced with an increase in size of the bar.

The other crucial factor for an investor is to verify the background of the dealer. The dealer must be a genuine one dealing with well-known genuine suppliers. It is the only protection you have to avoid fake bullion that are not fully refined.

The other protective measure is to be ready to part with a small amount for assay. This is normally the case whenever buying or selling the bullion. Through assay, the authenticity and purity of your bullion is guaranteed. If properly conducted, the buyer and the seller will be at ease with the transaction.

In addition to bullion bars and investor can also choose the gold bullion coins. These are normally issued by the government mints of different countries as legal tenders at specific face values. They are easier to trade on as buying, selling, dividing, or even holding are all easy. Their purity, content, and face value is guaranteed. They are normally available in the sizes of one, half, quarter or a tenth of an ounce.

There are numerous merchants and collectors gatherers who are prepared to offer bullion coins and bars. All that is needed is a legitimate historical verification of your dealer. The metals must have the most elevated amount of fineness and your investment is only secure with the right dealer and guaranteed bullion.




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