Many Gold Options

Gold has been around since the dawn of time. Its value has been on the rise since a decade ago. This has caused many individuals to consider getting some for themselves as a portfolio diversifier.

Global Gold Markets

You can purchase gold from any of the valid gold markets available in the world today whether at night or in the day. The time zones have allowed this special feature to happen that causes gold to be traded around the clock although the top two gold markets are found in New York and London.

The oldest gold market is the London market which sets the ‘gold fix’ for the day at two times of the day; namely, one at 10:30am and the other fix at 3pm.

The second largest gold market, the New York market, is noted more for futures contracts. Other available gold markets are found in Zurich, Sydney, Hong Kong and Tokyo.

Gold can come in many forms depending on your purposes.

Bullion Coins and Bars

One way to own gold is through purchasing gold bullion bars of various sizes and weights. Gold bullion is most popular with small time gold buyers as it is the cheapest form of gold investment. An international refiner stamp on your gold bullion piece will make it more saleable.

Gold bullion coins are also very popular with gold coin collectors as they are actually a nation’s money with a guaranteed amount of gold in its content and not the coin’s face value. The actual worth of the gold piece is the amount of gold content with the gold price at that point in time.

There are different sizes of bullion coins representing different pure gold content. These are legal tenders that are guaranteed by their respective country of origin. These coins can be purchased or sold easily anywhere as there is always a ready market with the increasing gold prices today.

The more popular bullion gold coins include the American Eagle, the UK Britannia, the Australian Kangaroo, the Austrian Philharmonic coin, the South African Krugerrand and the Canadian Maple Leaf.

Gold bullion coins can appreciate in value very quickly as they have an artistic appeal with an intrinsic value. The different designs of the various gold bullion coins reflect the country’s beauty and symbol. They make good memorable gifts as they are portable and easy to store.

Hence, more and more individuals are purchasing bullion coins and bars for many reasons.