Gold bars and coins are available for potential investors looking to diversify their portfolio. The gold is a great investment because it provides a hedge against inflation and retains value even during times of financial turmoil. You must buy gold in the purest form, such as bullion bars and coins.

Understanding Gold Bullion

The government mint issues gold bullion coins and bars with a guarantee of purity and weight. Gold bullion is valued based on the weight and price of gold. In 1967, the first gold bullion coin in South Africa was minted for international markets. It was a 1 oz South African Krugerrand. The coin was composed of 11 parts gold and one part copper. The composition of this gold bullion inspired other countries such as Australia, China and the USA to also mint their own bullion. Gold bullion coins like the American Golden Eagle and Australian Gold Kangaroos are accepted and valued worldwide. The price of a 1 oz South African Krugerrand Coin will be the same no matter where it’s sold.

There are many reasons why you should buy gold bullion.

A diversified portfolio of investments should include gold bullion. You should use a portion of your investments to purchase gold bars as they are a good hedge against uncertain market conditions. If you’re investing modestly in gold, it would be better to buy gold coins. They are more affordable, easy to sell and buy, portable and come with a tamper proof assay package.

Gold bars in heavier weights like 10kg or 20kg bricks are preferred by large institutional investors and banks. Gold bars are more affordable in large sizes and have lower manufacturing costs. Small investors can invest in precious metals with coins. The premium on gold coins is also low. You can benefit from buying gold coins or bars.

The advantage of coins is their aesthetic appeal. The 1 oz South African Gold krugerrand Coin, for example, has an incredibly unique design which is known worldwide. All coins have beautiful designs, such as the American Eagle design found on US Mint Gold Coins or the Kangaroo on Australian Mint Gold Coins. A further advantage of these coins is the fact that counterfeiting them would be difficult due to their intricate design.

Certain gold coins from certain years have an added numismatic premium.

Check the prices of 1 oz South African Gold Krugerrand Coins on the International Metal Exchange or any reputable dealers. Start investing now!