Wednesday, January 1, 2014

What Is Gold Bullion?


Bullion is basically another word for a "stamped and refined weight of precious metal". Today, gold bullion mostly comes in the form of gold coins and gold bars. Therefore gold coins and gold bars are the easiest form of gold bullion to attain. If you have a reasonable sum of money to invest but not huge, gold coins or small gold bars are usually your best buy. Keep in mind that gold coins are often more expensive as gold bars since there's usualy more work in fabricating gold coins as in fabricating gold bars. Using smaller gold bullion will result in an easier measurement of your gold, up to the gram(the smallest gold bar is a 1 gram bar). The standard gold coin weighs 1 troy ounce(31.1034768 grams). Standard gold bars come in 1oz to 400oz(12.441 kilograms) bars.

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