Buying gold bullion ingots is a well-established way to invest in gold bullion.
Gold bullion ingots are a great gold investment as you get more gold for your investment compared to coins of the same size. When you buy gold coins you are paying an additional higher mark up for the manufacturing the coin, the reason is simple.
Gold bars are normally less expensive to manufacture than coins, which is why bars end up cheaper than coins.
When buying gold bars it is a good idea to know what bars are popular with the investors. The reason is that this knowledge will assist in the liquidation or selling of the bar.
Gold Bullion Ingots – Description
Gold bullion ingots are stamped with its weight, purity, serial number together with facts about where and when it was manufactured.
Gold bars may be formed in a whole range of styles, including rectangles, squares, balls and bars. The one most frequently used on the global current market is the London Good Delivery (LGD) bars, which weigh 12.4 kilograms (four hundred troy ounces).
The value of such bars are over £ 200,000 thus it is safe to say it is simply for serious traders when trading investments, the kilobar (1000 grams) is another form of gold bullion ingot that is typically used.
There are obviously smaller sized gold bullion ingots or bars. These are much more affordable and their size can be as small as a gram. These small bars fall into the manufacturing premium trap mentioned previously and often are bought as collectible items or as an unusual gift.
Solid gold bullion ingots are considered a fantastic investment no irrespective of their dimensions as it is universally seen as a hedge in times of financial instability.
Care should be taken to ensure the your gold bullion ingots are real since there are several instances of ‘fake gold’, larger investments necessitate analysis either electronically or chemically.