Is There a Difference in Buying Gold Bullion Coins Versus Gold Jewellery?
- Mar 09, 2023
- loveGOLDᵀᴹ
- 1 minute read
Retail gold investment products range from bars and coins, numismatics and investment jewellery, to managed gold products based on vaulted gold.
Bullion gold comes in the form of bars and coins. Bullion is often sold by the troy ounce and its value is determined by its physical gold content. Coins are typically more expensive than bars on a per ounce basis due to the greater craftsmanship required for coin production. Additionally, smaller bars cost more to produce than larger ones and can be more popular, resulting in higher premiums for smaller pieces.
Gold investment jewellery is characterised by its high purity and therefore excludes gold-plated and similar items. The price of gold investment jewellery is primarily determined by its gold content and premiums vary greatly depending on factors like rarity or design. Pieces are often sold by the gram, but luxury brands can hold additional value.
These are just a few of the differences and there is much more to consider. It is important to educate yourself on the many aspects of retail gold investments. Available at this link is a complimentary guide and helpful tool from World Gold Council:
Retail gold investment products include coins and investment jewellery.
Retail gold investment products range from bars and coins, numismatics and investment jewellery, to managed gold products based on vaulted gold.
Bullion gold comes in the form of bars and coins. Bullion is often sold by the troy ounce and its value is determined by its physical gold content. Coins are typically more expensive than bars on a per ounce basis due to the greater craftsmanship required for coin production. Additionally, smaller bars cost more to produce than larger ones and can be more popular, resulting in higher premiums for smaller pieces.
Gold investment jewellery is characterised by its high purity and therefore excludes gold-plated and similar items. The price of gold investment jewellery is primarily determined by its gold content and premiums vary greatly depending on factors like rarity or design. Pieces are often sold by the gram, but luxury brands can hold additional value.
These are just a few of the differences and there is much more to consider. It is important to educate yourself on the many aspects of retail gold investments. Available at this link is a complimentary guide and helpful tool from World Gold Council:
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