How Do You Buy One Ounce Gold Bars?
Gold prices are listed in dollars per ounce. Therefore, one-ounce gold bars are a good way for an investor to hold gold. Since they don’t have the artwork seen on gold coins they tend to be less expensive. However, they are also more difficult to find in large quantities. Understand what Gold Bullion is. It is investment-grade gold. Gold bullion can be in the form of coins or bars. It varies in purity from 22 karats to 24 karats. The purity isn’t terribly important because prices of gold bullion are based on the amount of gold in the coin or bar. Gold jewelry and other gold items are not considered gold bullion. Search the Internet for the current price of gold. Gold prices change daily and gold dealers base their prices on the daily rate. You need to know the current price of gold so you wont get cheated. Find a reputable gold bullion dealer. The best place to buy gold bars is at a shop that specializes in precious metals. Look for someone with a long history in your community who lis