Why Buy Gold Bars?
When many people think of investing in gold, they consider either buying gold exchange traded funds or buying gold coins. Buying gold bars, though, is a good option and should definitely be considered by most investors. Here are a few reasons that you should buy gold bars instead of or in addition to buying gold EFTs or coins. For one thing, gold bars come with a lower mark-up than gold coins. Because the gold is minimally processed and handled, it isn’t priced much higher than the actual price of an ounce of pure gold. Unlike gold coins, gold bars have no numismatic value, either, so the value of your gold bars will be easy to find on websites that list the current price per ounce of precious metals. This way, you don’t have to sort through both the value of gold and the value of particular coins to determine what your investment is worth. Unlike gold EFTs, you can actually see an investment in gold bars. Plus, even though gold EFTs are a very stable type of investment, gold bars are
