How Do You Buy And Sell Gold Ingots?
When most people think of gold ingots, they have a tendency to think of pirate treasure, or sunken Spanish Galleons from centuries past. Gold ingots are still very much in use today. An ingot is basically a small bar of gold. You can buy gold ingots as small as 1 gram, although other popular sizes are 2.5 grams, 5 grams and 10 grams of gold. With the price of gold soaring ever higher, many people have made a business out of buying and selling gold ingots. What makes this business so attractive is that it requires no special skills or training, just a desire to make money. How to Buy Gold Ingots Step 1 Set a budget for your investment into gold ingots. Keep in mind that this is an investment, and any investment carries a risk of loss. While this risk is minimized with the purchase of precious metals, such as gold, there is still some degree of risk involved. Determine how much money you can comfortably afford to invest in gold ingots, and stick to that budget. You can always expand late