Gold bullion is gold that is melted and refined into bars or coins of various sizes, purity, and weight. Coins are often purchased as collectibles, but because of their gold content, they can also be used for investment purposes.
Gold bars are equally valuable and are a popular investment for central banks and retail investors. Learning where to find the best-priced bars is a key factor in investing. There are many companies out there that provide commitment to full ownership.
Where To Find Dealers?
Gold bullion dealers are becoming increasingly difficult to find as demand increases and supply decreases.
Total gold demand rose 36 percent to 1,050 tonnes in the second quarter of 2010, largely reflecting strong gold demand for investment compared to the second quarter of 2009, according to the World Gold Council.
Most investors get their bars from a trader. It is a certified company that trades bars, blocks, coins, and certificates. One factor in finding it is learning to find certified traders, not scammers.
The easiest way to do this is to only work with reputable dealers who have a high reputation and years of experience. Certified gold exchanges are a trusted source for buying and selling gold bullion.
If you want to know where to look for gold, avoid coin dealers who rarely buy to invest in gold. While these dealers can have a variety of gold coins for sale, they cater to the collector's market and often come with high markups.
Gold coins can sometimes be found at antique shops, pawnshops, resale shops, and flea markets, but they also have a higher premium and are not suitable for real gold investments.