Is buying gold and silver coins a good investment?

While both gold and silver have attractive features, gold is the better investment for the average precious metals investor. The price of gold is less volatile than that of silver, too. Meanwhile, silver is more speculative and has a stronger relationship to economic activity.

Are gold coins a good investment now?

Unlike stocks and bonds, a purchase of gold is not an investment in company growth. You won’t get dividends or interest from tangible gold. You may have to wait years for gold to go up in value.

How do I find a reputable gold buyer?

You can find gold buyers in person and online. Goldfellow.com and usgoldbuyers.com are two online gold buyers accredited by the Better Business Bureau. Good standing with the BBB indicates that a gold buyer is a legitimate company.

Should you invest in bullion or coins for gold?

One of the first questions you’re likely to have when you start investing in gold is how to decide between certified coins and bullion. Bullion costs less per Troy ounce of gold than certified coins, which could reasonably make you question why to invest more for the same amount of gold.

Why are certified coins more expensive than bullion?

Certified coins cost more for a reason – for several reasons, actually. Bullion has its role to play in gold investing, but for many people interested in buying gold, certified coins are the better choice. What’s the Difference Between Gold Bullion and Certified Coins?

What is bullion and how is it valued?

A piece of bullion is valued based on its weight and purity (which is measured in karats, 24 karats is the purest gold available). It typically comes in either bar form or as bullion coins. Because bullion is gold in its most basic form, the value of your investment is directly tied to the spot price of gold.

What is an example of a bullion coin?

This is referred to as intrinsic value, or melt value. Some classic examples of bullion coins include: American Eagles (available in gold, silver, platinum, and palladium) Canadian Maples (available in gold, silver, platinum, and palladium) Austrian Philharmonic (available in gold, silver, and platinum)