For families that range from the wealthy and moderately wealthy to the ordinary person who wants to invest a bit of their hard-earned money after spending it on essentials, Gold bars can be the ideal investment choice.
The idea of buying gold coins or gold bars is no doubt an attractive option that hedges against money plowed in other volatile and risky ventures or investments. Primarily, gold bars are ingots that can be melted and made into jewelry of different weights, designs, and sizes. You can also buy gold bars in Switzerland via goldswitzerland.com/
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Gold bars are an investment option where smaller bars are costly because of the low premium to bigger bars. Gold bars come with markings of the manufacturer, weight, purity and those by small manufacturers come without a serial number. Each bar has its own distinctive feature but most minted bars worldwide carry a motif on the reverse.
The range of 'good delivery' by exchanges specifies purity between 99%- 99.9%. Bars manufactured for jewelers and fabricators seldom carry weights and purity markings.
Gold can be bought in a troy ounce, tola, gram, and tael weights. Troy ounces should not be confused with food weight which is lighter.
Major Banks are known to maintain gold accounts and gold bars for customers who are interested in investment while speculators go through brokers and private banks.