Many investors like to invest in a wide range of assets, such as stocks, bonds and CDs, to round out their portfolio. Additionally, many savvy investors will also buy precious metals, such as gold, to hedge against the effects of inflation on their portfolio’s value.
If you are worried about a future stock market crash, there are many different forms of gold you can invest in. A popular choice among many precious metals investors is the gold bar. Finding a high-quality gold bar for sale can offer tremendous ROI potential over the long term. Over the past few decades, gold value per ounce his increased exponentially, making this one of the more lucrative types of investments you could have made.
Buying bars of gold can provide you with not only an excellent return on your investment, but they can minimize the risk of total financial loss to your portfolio in a worst-case financial situation. With a closer look at the process of buying gold bullion bars for sale, you may be ready to make a more informed buying decision.
The Different Types of Gold for Sale You Could Invest In
As a first step when investing in pure gold bars for sale, you may be wondering how much money you should put in and if there is a minimum investment amount that is required. The good news is that you don’t have to be rich to invest in gold because you can easily purchase 1 gram gold bars or 1 ounce gold bars. Buying 1 gram of gold is perhaps the smallest purchase you can make with regards to gold bullion bars. Gold coins are also available as a smaller investment option.
If you are thinking bigger and would like to buy larger quantities, you can consider purchasing a 5 gram or a 10 gram bar. If you want to go really big with buying large gold bars for sale, 1 kilo and even 100 gram bars are available for purchase as well.
Understanding the Value of Gold Bars for Sale
While there are a wide range of sizes available for you to purchase, it is important to understand the value of gold before you make a buying decision. You can easily research the current value of gold online. Avoid researching this information through dealer websites, and look at an independent news source site to find the spot price. The spot price is the current price of gold without any extra premiums or charges tacked onto it. Many dealer sites include a cost above the spot price because they charge a premium to earn a profit for their sale of gold to you.
Where to Purchase Solid Gold Bars
Dealers are one option available for purchasing solid bars, but they are not the only choice. Banks also typically sell gold bars to their customers. Regardless of whether you purchase from a bank or a dealer, ensure that you are purchasing real gold and that you are not paying an extremely high premium for the bars. By paying a high premium, you’re directly minimizing your overall return on investment. Once you find a reputable dealer to purchase gold bars from, you can bookmark the dealer’s website and always refer back to them for future purchases.
How to Verify That You Are Buying Real Gold Bars for Sale
The last thing you want to do when purchasing real gold is to find out that your gold is actually impure or worse, completely fake. These factors can turn your investment into a pile of worthless metal. One of the easiest steps you can take to insure that you are buying pure gold is to work with a reputable dealer. Verify that your dealer is known for integrity by researching the U.S. Mint website. The U.S. Mint has a list of top gold and silver suppliers in the country, and you may use this list as a starting point to find the right dealer to work with.
Buying gold bullion or bars is a great way to round out your portfolio. Carefully consider the amount of your investment, and research dealers as first steps to making a savvy investment decision.