What is a gold ingot

Written By The HealthMeth Team - Updated On Tuesday, December 7, 2021 6:00 PM

Gold ingot

The alloy is the unit of measurement for pure, pure gold from impurities, which is extracted from the mines, and is pure at a ratio of approximately 99% of the 24 carat carat, which makes it more valuable than the gold coins that are added to it such as precious stones, gems, brains and colors, apart from the workmanship that is It reduces the value of gold coins upon sale, which makes gold bullion the best choice for investors, and as it is the raw material for jewelry, it can be converted into jewelry when desired.


The shape and price of the gold ingot

Gold bars have many forms, but in general they are in the form of gold bars or high-purity gold coins, and the weight of a gold bar varies between five grams and an ounce up to a kilogram, and its price is determined based on the rise and fall of the price of gold on the global stock market, making sure of Karat gold If the alloy is of pure 24-karat gold, its price will be higher than that of a 21-karat alloy. , And not 25 grams, and after calculating the price of the alloy, a commission is added to the seller or middleman.


How to invest in gold bullion

Gold bullions can be obtained in several ways, the first of which is: through shops dedicated to the gold trade, which offer different sizes and shapes of bullion, or through the global stock market, or through companies, brokers and agents specializing in the trade of gold bullion, and in this case the company usually keeps the bullion And it invests it to add its profits to the investor's account, and what is distinctive about this trade is that it is possible to sell at any moment, and there is always someone to buy. If the investor goes through a sudden financial hardship, he can sell gold bullion in the same way he bought it.


Advice to investors in gold bullion

Everyone who wants to invest in the gold market must monitor the stock market permanently, and be very careful that adjustments to the price of gold reach him continuously so that he buys when the price falls, and sells when it rises; Investing in gold bullion requires intelligence, sophistication and experience in trade and global markets, and a person must always verify the alloy’s certificate to ensure its quality, and to avoid being deceived or deceived, and the investor prefers to avoid any offer from merchants to invest in jewelry. Whereas, he will lose part of his investment when selling due to industrialization.