Archive for the ‘1 gram Gold Bar’ Category
Tuesday, January 26th, 2010
Demand
The demand for gold is soaring and analysts predict that the price could at some point break through the $2,000 an ounce barrier.
“If you want gold that has an intrinsic and potentially rising investment value, your first options are gold bars or coins, which can be bought over the counter at a gold or bullion dealer” – The Telegraph, November 2008.
Demand for gold rose to $102bn in 2008, which was an increase of almost a third on the previous year.
The main areas of demand for gold have been in the making of jewellery (jewelry), industrial applications including medicine and electronics, governments and central banks to increase their official reserves and private investors.
The True Value of Gold
Gold is the most popular type of precious metal compared to others when it comes to investment. It was first discovered as shining, yellow nuggets.
Gold has been seen as an important commodity throughout history. It is measured in troy ounces and the price of gold is typically stated in terms of the cost of one ounce. One ounce is equivalent to 31. 1 grams or . 07 pounds.
“Gold coins are viewed as a strong investment vehicle during times of economic uncertainty, a money expert has suggested. ” – Gold. org
Gold has been used by investors as a safe haven during times of economic crisis. It is referred to as a “safe-haven” and should be a part of every smart investor’s portfolio.
New buyers are attracted to gold everyday, not only for its beauty, but because gold is the uniquely private, personal, and portable way to hold some real wealth.
Gold bullion coins in the last twenty years have become the most liquid, divisible, and accepted form of gold bullion worldwide, and they enjoy a much more favorable ’spread’ than bullion bars. In the U. S, they are simply the smartest way to buy gold if you are going to take physical possession of the bullion yourself.
Gold always does very well in a downturn and the last recession has been no different. Very recently shares on global stock markets lost around $14 trillion in value and safe havens such as gold became an attractive option for low-risk investment. Gold will never go to zero value whereas many other investments have that possibility.
In the same way that the family home should not be regarded as an investment, gold is not really an investment per se, rather it is a form of ’saving for a rainy day’ or of financial insurance. It is to be taken possession of or stored with a secure third party and should not really be traded like stocks and shares. One does not trade an insurance policy and thus as a form of financial insurance, physical gold should not be traded.
Gold bullion is the ultimate safe haven asset and a great way, if not the best way, of ensuring wealth preservation and for passing wealth from one generation to the next.
Once the solid base or core holding of gold bullion is achieved in a portfolio then other investments in gold such as mining stocks and mutual funds and other more speculative gold investments can be considered.
Buying Gold
When buying gold, make sure that the gold you purchase is hallmarked with a specified weight and is certified for authenticity.
A very reliable supplier of private 999. 9 pure gold is a company in Switzerland, Agros-Heraeus. They have retailers all over the world that give the option of purchasing gold and silver bullion bars and coins, individually or in bulk.
They also offer an opportunity for anyone to be one of their retailers.
Tags: Bullion Bars, Bullion Dealer, Buying, Central Banks, Economic Uncertainty, Gold, Gold Bars, Gold Bullion Coins, Gold Coins, Gold Demand, Gold Gold, Guide, Investment Value, Investment Vehicle, Investors, Money Expert, Physical Possession, Point Break, Precious Metal, Price Of Gold, Private Investors, Smart Investor, Troy Ounces, Value Of Gold
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Tuesday, January 26th, 2010
Let us first understand why you should be investing in Gold.
Investing in Gold provides a sense of security as it is tangible unlike many other financial products which are intangible. Gold prices are purely determined by supply and demand and less likely to fluctuate wildly. There are many time tested advantages of having gold as an investment:
Diwali is an auspicious time for buying Gold and it should be used wisely to invest. But there are many ways to invest and it can be a daunting task. Let us see the pros and cons of the options you have:
Jewelry: It is one of the oldest forms of investment which also has some amount of pride and honor attached in Indian families. It is something you can use and enjoy but at the same time it keeps appreciating in value. But the price of jewelry is usually marked by anywhere between 20 to 200% depending on the complexity of design. This makes it unattractive as an investment.
Gold bars and coins: Gold coins and bars are increasingly becoming popular not only as investments but also as gifts. But they have to be physically stored which can be a security nightmare. You might have to incur extra cost in renting a bank locker or insuring your possession. Moreover you have to be careful about adulterated and fake ones. There can be a substantial difference between buy and sell rate of gold coins and bars.
Electronically traded Funds: More popularly known as ETFs are open-ended mutual fund schemes that invest the money collected from investors in standard gold bullion (0. 995 purity). The investor’s holding is denoted in units, which is listed on the stock exchange just like a share. It is expressed as NAV (Net Asset Value) which represents the price of one unit (equivalent to 1 gram gold) on that particular day.
These are many advantages of ETFs vis-à-vis physical gold when seen from an investment perspective:
a. No need to worry about the security and storage
b. No need to worry about quality of the gold
c. No need to worry about resale as the exchange provides comfortable liquidity (just like shares)
d. No making charges
e. You can invest very small amount of money (minimum 1 unit) which is not possible in case of jewelry and coins/bars.
f. No wealth tax. Long Term capital gains just after 1 year whereas it is 3 years in case of physical gold.
Also check our articles at rediff. com at rediff get ahead section.
Tags: Asset Value, Auspicious Time, Daunting Task, Diwali, Gold, Gold Bars, Gold Bullion, Gold C, Gold Coins, Gold Prices, GoldETFS, Indian Families, Investing, Investing In Gold, Investment Gold, Investment Perspective, Net Asset, Physical Gold, Pros And Cons, Security Nightmare, Sense Of Security, Stock Exchange, Substantial Difference
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Tuesday, January 26th, 2010
Gold Prices – Comparison
We have made our own comparisons with regards to the prices and quality of our gold compared to other gold types.
This price comparison was made on 10th July 2009.
Remember, all gold, silver and other currency which is official legal tender remains the property of the stated government. You are only the “bearer of”. Whereas privately purchased gold and silver remains the owner’s property.
* 31. 1 grams = 1 Troy
YOUnique – Mint Switzerland
Full Shekel – Single including certificate
A premium pure gold (. 9999) fineness, at 11. 4 grams in weight and 27. 00 mm diameter.
Over 1 third of a Troy Oz, 999. 9 Certified
$461 x 3 = $1383
£853. 23 GBP per 1oz.
$1383 USD per 1oz.
995. 87 EUR per 1oz.
British Sovereign – Royal Mint
The 2009 Gold Proof Sovereign – Legal tender.
22 Carat Gold
Price £299
Weight 7. 99 gms
31. 1 grams / 7. 99 = 3. 89 gms
£299 x 3. 89 = £1163
£1163 GBP per 1oz.
$1,885. 76 USD per 1oz.
1,357. 53 EUR per 1oz.
American Gold Exchange
American Eagle Coin – Legal tender.
24 Karat 91. 67% gold, silver and copper added to harden and protect it against damage.
$971. 08
Argor Heraeus Private Gold store. Buy Gold Coins
The amount of of gold to invest in is a personal decision but most commentators would recommend anything from 5 – 25% of your wealth should be in gold.
We also encourage the buying of gold regularly on a monthly basis like you would with a savings account. We provide a saving facility called AutoSave. AutoSave is a “set and forget” monthly savings plan where a Colleague or Customer can save in a real tangible form.
You have the option to have the gold delivered to your home or secured in a private vault. It is sensible to have some physical gold bullion in your possession. The ratio is yours to decide. Small gold bars and gold coins are the best option. You can buy small tradable gold pieces (or gold coins) at YOUnique. This company is reliable with a great track record. We sell . 9999 genuine Swiss certified gold.
Gold is very liquid and can be quickly sold in times of monetary stress. Gold has a history of never losing its value. Saving “for a rainy day” is a good choice to make with gold.
Hey, why not make more money by selling gold? All information provided here.
Note: All comparisons and figures shown are for information uses only. We encourage you to perform your own research so as to make your own investment and saving decisions.
Tags: 22 Carat Gold, American Eagle Coin, American Gold Exchange, Buy Gold Coins, Comparison, Fineness, Gold, Gold And Silver, Gold Bars, Gold Bullion, Gold Pieces, Gold Price, Gold Prices, Gold Silver, Legal Tender, Mm Diameter, Personal Decision, Prices, Private Gold, Private Vault, Pure Gold, Royal Mint, Younique
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Tuesday, January 26th, 2010
Gold breached Rs 18,000 per gram level on November 25th. The reasons for this spurt in price are:
1. A weakening dollar
2. Buying by stockists for marriage season
3. Reports that the Central Banks may buy more gold from International Monetary Fund
4. Rising inflation and doubts about economic recovery
The current price level is unprecedented and it’s making many people realize the importance of diversifying your asset allocation and looking at Gold as an investment. Don’t get carried away by the rising prices as it may prove to be foolhardy. Let us see why you should invest in Gold for reasons other than capital appreciation:
Investment Avenues:
Jewellery: It is one of the oldest forms of investment which also has some amount of pride and honour attached in Indian families. It is something you can use and enjoy but at the same time it keeps appreciating in value. But the price of jewellery is usually marked by anywhere between 20 to 200% depending on the complexity of design. This makes it unattractive as an investment.
Gold bars and coins: Gold coins and bars are increasingly becoming popular not only as investments but also as gifts. But they have to be physically stored which can be a security nightmare. You might have to incur extra cost in renting a bank locker or insuring your possession. Moreover you have to be careful about adulterated and fake ones. There can be a substantial difference between buy and sell rate of gold coins and bars.
Electronically traded Funds: More popularly known as ETFs are open-ended mutual fund schemes that invest the money collected from investors in standard gold bullion (0. 995 purity). The investor’s holding is denoted in units, which is listed on the stock exchange just like a share. It is expressed as NAV (Net Asset Value) which represents the price of one unit (equivalent to 1 gram gold) on that particular day.
These are many advantages of ETFs vis-à-vis physical gold when seen from an investment perspective:
ETF options:
Gold ETFs are offered by Benchmark, Kotak, SBI, UTI , Quantum and Reliance. Among these, the ETF offered by Benchmark AMC (Gold Bees) is the most preferred among investors. It has the lowest expense ratio of 1% and can be bought and sold at the click of a button using your demat account. It’s listed on the National Stock Exchange (NSE).
Name Expense Ratio Price per unit Inception Date
Benchmark (GoldBees) 1% March08,2007
UTI Gold ETF 2. 5% Jan03, 2007
Kotak 2. 5% June21, 2007
Reliance 1% Nov01,2007
SBI 2. 5% March30,2009
Quantum 1. 25% Feb27,2008
How to invest?
There is no SIP facility in any of these funds. If you want to build a credible portfolio of Gold then invest in a staggered manner, certain amount at every fall in price or at regular intervals. Timing the market is rarely possible.
Look at your investments as a portfolio and it should include gold among other asset classes like equity, Fixed Income, Debt, Real Estate etc. In this way your investments give good return during times of boom and protect you during recession. You should also look at holistic Financial Planning to achieve this task.
For more information on gold/investments go to investmentyogi. com
Tags: Asset Allocation, Asset Value, Capital Appreciation, Central Banks, Economic Recovery, Gold, Gold Bars, Gold Bullion, Gold Coins, High, Indian Families, International Monetary Fund, Invest, Investment Avenues, Investment Gold, Marriage Season, Net Asset, Physical Gold, record, Season 3, Security Nightmare, should, Spurt, Stock Exchange, Substantial Difference
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Tuesday, January 26th, 2010
In China gold is not only a symbol of wealth but also of good fortune. The latest gold rush in China has been fuelled by a combination of factors, such as the depreciation of the US dollar, and the price risen a wide range of commodities, including oil. In Beijing, 300kg gold bars minted by China gold coin Inc to commemorate the year of the Rooster, retailing at 125 Yuan (US$15. 60) a gram, were sold out within 7 hours on November 19. Again on the 26 of November demand exceed supply even though the price had increased to 128 Yuan.
The strong demand for gold in China has been embraced by the nation’s banks and other financial institutions. The Bank of China’s Shanghai branch, in November introduced “Gold Treasure”. This has been designed to make it easier for the public to invest in gold. Instead of taking delivery of the gold the investor is given a document issued by the central bank certifying the amount purchased. The investor can sell the gold back to the bank and surrender the certificate.
The population of China is 1. 2 Billion and China’s potential demand for gold is 37,000 tonnes A Reuters news report recently announced that Financial News, a newspaper published by Peoples Bank of China, urges an increase in gold reserves to diversify the nations forging exchange holdings. Chinas gold reserves stood at nearly 13 million ounces at the end of September, unchanged from the end of last year, official figures showed this nowhere near compares with the US government reserves of 262 million ounce. The newspaper also said Beijing should allow individuals to freely buy and sell gold and encourage residents to store gold. Until now Chinese residents have only been able to buy gold jewellery through retail stores.
It should be noted that the Chinese have used gold jewellery as a form of saving since time immemorial. “In case of an economic crisis, the state could buy gold form residents and use it to pay back foreign debt” the Financial News said.
China’s impact on gold could be as much as one ounce per capita as with the US, so should china achieve the same financial backing it would require 1. 2 Billion ounces of gold or 37,000 tonnes. This is the same amount of gold in deposit today in all the Central Banks in the world. This sort of demand will send the price of gold soaring.
Tags: Bank Of China, China Gold, Chinese, Chinese Residents, Chinese Symbol, Economic Crisis, Financial Institutions, Foreign Debt, Gold, Gold Coin, Gold Jewellery, Gold Reserves, Gold Rush, Gold Treasure, Good Fortune, Government Reserves, Peoples Bank, Peoples Bank Of China, Population Of China, Reuters News, Shanghai Branch, Symbol, Wealth, Year Of The Rooster
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