People get confused as the number of investment options increases. This leads people to turn away from new options in favor of tried-and-tested ones. Gold bullion is one such investment option. It includes bars and coins that are produced by top refineries and mints around the globe. Before you compare gold bars or prices for gold coins you should remember some important facts.

The price of gold bars is cheaper

Gold bars offer a cheaper alternative to gold coins. Gold bars are cheaper because they can be manufactured in larger quantities, and their premiums are lower than gold coins. Gold bars are a better option for investors who prefer to get more gold in their portfolio and want to maximize the value of their money. You can choose to have both.

Purity Is Important

Choose gold coins or bars that are at least.9995 pure. This is investment grade gold. Gold products that are 999.9 per cent pure can be purchased in an IRA. Speak to a tax expert for advice. Talk to your tax professional about this.

Weights Differ

You will find gold bars and coins of different weights when you are looking at them. Gold bars can be 1 gram or 2.5 grams. They also come in 10 grams and 20 grams. Maximum weight is 400 ounces.

You Need to Consider Storage

When it comes to protecting gold, storage is key. You should store your gold elsewhere if you plan to buy several. Storing it in your office or home could be equivalent to risking theft. Keep the original packaging so the products are not exposed to dust, dirt, pollution or fingerprints.

Find an Assay Card

When you buy gold for the very first time, it is important to also look out for an assay certificate. The assay card will serve both as a protection for your gold and a certificate of authenticity. This assay card is also useful if you ever want to make a profit on your gold investment.

Look for Markings

You can also familiarize yourself by reading about gold products that you intend to buy and the marks of gold items you’ve selected. Compare the product markings to the description of the gold item you have selected.

Select the right seller

It would be helpful if you bought gold from the best seller. The Cash for Gold, for example, not only offers a wide range of gold products but also allows you to check prices on gold bars in Auckland via their website. The Better Business Bureau has given the Cash for Gold Company an A+ for its three-decade experience. You can rely on The Cash for Gold Company as a trusted gold dealer. Now is the time to call!