How do you purchase physical gold bars
You worked hard to get what you have. In today’s complex economic environment, you can’t afford to ignore a viable opportunity to potentially offset savings stresses such as inflation and devaluing of the dollar.
How do you purchase physical gold bars?
Gold and silver offer peace of mind. They are alternative assets trusted by many Americans for hundreds of years and they exist outside of mainstream banking and digital systems.
If you’re looking to invest in physical gold at the lowest possible price per ounce, there’s no better choice than gold bars. Gold coins may be more attractive, but all that manufacturing and packaging comes at a price. Gold bars, on the other hand, are the stalwart of the industry, it’s what everyone from average investors to central banks buy and store. In other words, you can’t go wrong buying gold bars.
For investors looking to enjoy the touch, feel, and security of owning gold may prefer to buy gold bars instead of intangible investments such as gold exchange-traded funds (ETFs). Physical, investment-grade gold, also referred to as gold bullion, can be purchased at spot price, which is the price of unfabricated gold plus additional costs, which vary depending on the seller. Physical gold can be liquidated in the unlikely event of a total economic collapse.
Get gold & silver delivered to your home
During some of the most economically volatile periods in American history, physical gold and U.S. Domestic Shipping Free shipping on all orders (gold and silver). International Shipping International shipping is available to France only. Shipping rates vary depending on the weight of the order (in ounces). Please contact us for an estimate. Tracking Once your order has shipped, you will receive an email notification with all tracking information. Use your tracking number to get updates on your delivery. Delivery from vaults Clients who store their precious metals in Malca-Amit vaults can benefit from a home delivery service.
silver often performed well. You can harness the power of these exciting alternative assets by having
precious metals delivered directly to you. Shipping
Benefits of purchasing physical precious metals
Precious metals offer a potential hedge against inflation and economic challenges. They are time honored assets with intrinsic value that also can provide an enduring legacy for your loved ones.
• They are tangible assets — portable, liquid and easy to sell and store
• Physical gold and silver can’t be artificially created and manipulated, unlike paper currencies
• Precious metals have never been worth zero and can be used for trade.
Gold for investment purposes is refined and transformed into bars or coins. The gold bar is the format of choice for investors due to its low premiums. Each bar is stamped with its weight, fineness, refiner’s seal, and unique serial number.
Gold bullion coins have special characteristics which translate into higher premiums. They are issued each year by government institutions in limited quantities and are legal tender in their countries of origin. However, their precious metal value always exceeds their face value by far. There are also coins without face value because they are issued by non-governmental entities. They are commonly known as ’rounds’ and generally have a low numismatic value, and therefore a low premium.
Gold investment value
Probably the most compelling reason to own gold and silver but especially gold is it tends to perform best when it seems like the economy and the financial system are coming unglued. For example, during the 1970s, when the S&P 500 rose by just 22% – which is well below the rate of inflation for the decade – gold increased from an average price of $36 an ounce in 1970 to an average of $615 in 1980. That’s a gain of more than 1,700%! During the entire decade, which was marked by economic, financial, political, and geopolitical stress, gold reaffirmed its safe haven status.
Investing in Gold or Silver?
While gold and silver are often mentioned interchangeably, they both seem to be parting ways in recent years. For example, the historic value ratio of gold to silver was 20:1 for centuries.
That is, one ounce of gold was worth 20 ounces of silver. More recently, with the price of gold trading at close to $1,500, and silver down around $16, the ratio has expanded to about 90:1.
Though silver may have seen its dollar price rise significantly in the past 20 years, its value relative to gold has declined substantially.
This may be due in part to silver’s much lower price, making it less suitable as a store of value. And since there aren’t too many places in the world where silver is used as a medium of exchange, the monetary value of the metal isn’t as firmly entrenched as it has been in the distant past.
In addition, while large amounts of gold are held by major central banks around the world, the same can’t be said of silver. That doesn’t mean silver isn’t worth investing in. However, in recent years it’s been primarily used for industrial purposes, not monetary. For that reason, it’s possible that silver will continue declining relative to gold even in an economic or financial crisis.
At this point in time at least, silver should be seen primarily as a speculation, while gold functions as the traditional safe haven monetary asset.
Frequently Asked Questions
Can you get gold bars from the bank?
Although some banks do offer gold bars to customers, this is exceedingly rare. Banks who do trade in gold will often offer coins to customers rather than bars.
Is buying gold bars worth It?
Although the price of gold can be volatile in the short term, it has always maintained its value over the long term. Through the years, it has served as a hedge against inflation and the erosion of major currencies, and thus is an investment well worth considering.
Is it better to buy gold coins or gold bars?
Gold coins are known to have more sentimental value than gold bars both historically and culturally. Simply put, gold coins can be more ideal for you than gold bars if you want to invest in something with a more historical and cultural value. Again, gold coins have more collectible value than gold bars.
How much gold and silver should I purchase?
Ultimately, it’s up to you to decide what makes sense for your own situation. Some experts recommend
5% to 10% of your total portfolio. Purchase gold and silver only after consulting with your own legal,
financial and tax professionals.
What happens if the gold or silver price drops after I confirm my order?
For premium coins, if the price decreases within seven days of the recorded confirmation call, you’ll
have a one-time option to revise your order to the lower price. Other coin prices are locked in after
your confirmation.
What types of gold and silver do GoldBroker sell?
GoldBroker offers a simple and safe way to buy physical gold. Discover our gold ” rel=”nofollow”>coins from recognized refiners certified by the international gold market (LBMA). The gold bullion products have never left the professional logistics chain since their manufacture. This traceability guarantees precious metals’ authenticity and purity.
Conclusion
Physical gold acts as a safe haven and a diversification asset and investors often use it to protect their portfolios from banking risks, the harmful effects of inflation, the accumulation of government debt or a reversal of the financial markets.
Gold has retained its acceptability as a medium of exchange and its appeal as a store of value throughout the centuries. It has held real and symbolic positions of prime importance to humanity since time immemorial. It is frequently mentioned in the Old Testament and drew explorers to unknown lands throughout history.
The yellow metal remains the ultimate representation of the best (the Olympic gold medal) or exclusive (the wedding ring). While 50% of all gold extracted from the earth today is transformed into jewelry, 40% of it is destined for the investment market. Gold appeals to all age groups and social classes.
Even after the end of the gold standard in 1971, central banks around the world retained the bulk of their gold reserves to maintain their credibility and that of their currencies. Today, central banks continue to buy gold in large quantities, which is an important supporting factor for the precious metal.
Gold for investment purposes is refined and transformed into bars or coins. The gold bar is the format of choice for investors due to its low premiums. Each bar is stamped with its weight, fineness, refiner’s seal, and unique serial number.
Gold bullion coins have special characteristics which translate into higher premiums. They are issued each year by government institutions in limited quantities and are legal tender in their countries of origin. However, their precious metal value always exceeds their face value by far. There are also coins without face value because they are issued by non-governmental entities. They are commonly known as ’rounds’ and generally have a low numismatic value, and therefore a low premium.
Whether you’re new to bullion investment or not, deciding whether to invest in bullion bars or bullion coins should take some consideration. Before making this decision, it would be advisable that you conduct your research as there is no definitive right or wrong answer, it will vary depending on the needs and circumstances of the individual investor. However, as when making any other investment there are a several factors to consider including the value of your investment and the product premiums, how long you plan on keeping it, where to store it, and how you plan on realising the value of your investment.