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MAKING A SILVER INGOT AT HOME PART 1: MELTING AND CASTING
How Much Is a Gold Bar Worth - The Most Profitable Opportunity
Interested in jumping on the gold bullion investing bandwagon? Who would not want to do so if given the opportunity anyway? But an important question must first be answered. How much is a gold bar worth, really?
Before answering that, how much is gold worth per se? Then it depends. Gold price will vary on the type of investment we are referring to. If it is gold jewelry we are talking about, then the price would range from cheap to really expensive. Jewelry prices are dictated by the value of the gold and the stones used, if any, the craftsmanship of the piece and of course the name and reputation of the company that manufactured it. You might as well buy an imitation design over a designer piece.
For gold bullion, the prices will only slightly vary depending on the type of the bullion but generally will hold value better than jewelry. As the worth of bullion, whether in gold, silver or any other precious metals, stands on its own. Investing in precious metals bullion is considered the best way to secure your wealth as the value almost never fluctuates. The price of bullion is not dictated by prevailing currencies, does not change wherever in the world you are buying or selling the bullion, not dictated by manufacturer brand and best of all, it stays that way almost forever. You can trust on bullion as much as governments trust in its value or worth.
There will only be slight differences between the variations or types of gold bullion. Gold may be fashioned into bars, nuggets, biscuits, rounds or minted coins. These types of bullion also vary as to weight. Compared to a bar of gold, you might want to ask how much is a gold coin worth? As to ounce per ounce, bars of gold are cheaper by about fifty US Dollars. A mere difference of fifty dollars will not mean anything if you will be buying in terms of a few ounces as the price of a single ounce of gold bullion is in the neighborhood of a thousand five hundred US Dollars.
The special edition rose bar, or Rose of Dubai, is special because it is measured in grams. Another thing that makes it special is that is starts at about sixty dollars for the one gram bar. This is specially made for the budding investors in mind and for the extravagant gift-giver as well, as these bars come with an equally special gift card.
But if you decide to buy and you are capable of buying in huge quantities, then ingots, particularly in kilo bars, should be your best bet. What is a gold ingot, you ask? Gold is said to be an ingot when it is cast instead of pressed, so ingots may come in different shapes and sizes but are mainly used for bigger volumes. The process of casting is easier and cheaper than pressing, where the latter is used for smaller volumes such as the single ounce bars or nuggets. Each kilo bar has thirty-two troy ounces of gold in it which in total will fetch more than forty thousand US Dollars, and that is how much is a gold bar worth.
About the Author
Aaron Kutchinsky is a writer, lecturer, and committed financial activist.
In 2010 Aaron created and founded Guardian Gold & Silver as a definitive and groundbreaking alternative to the gold industry norm, a mission-oriented and revolutionary precious metals company with 3 specific goals in mind:
• Do the right thing.
• Lead others to understanding.
• Get as many into the boat as possible.
It is extremely important to understand the current world financial paradigm shift, which is now well underway. Please visit http://www.guardiangoldandsilver.com for more information and insights.
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