Gold bullion is logam mulia that is smelted and refined into bars or coins of different sizes, purities and weights. Coins are often purchased as collector's items, but they can also be used for investment purposes because of their gold content. Gold bars are just as valuable and are popular investments for central banks as well as private investors. Learning where to find bullion's at the best price is a key factor in investing.
Where to Find Dealers
Gold bullion dealers have become increasingly difficult to find because of increased demand and reduced supply. According to the World Gold Council, total gold demand in Q2 2010 rose by 36% to 1,050 tonnes, largely reflecting strong gold investment demand compared to the second quarter of 2009. In US dollar value terms, demand increased 77% to $40.4 billion.
Most investors obtain their bullion's from a dealer. These are certified businesses that deal with bars, ingots, coins and certificates. A factor in knowing where to find it is learning to find certified dealers instead of scam artists. The easiest way to do this is by only dealing with established merchants that have a high reputation and several years of experience.
The Certified Gold Exchange is a reliable source for the buying and selling of gold bullion. The Certified Gold Exchange has been in business for nearly 20 years and has maintained an A+ rating with the Better Business Bureau since the company's inception. You can contact the Certified Gold Exchange at 1-800-300-0715 to speak with a representative about investing in gold bullion. The representative can help you learn more about bullion's and will help you to find bullion options that are right for your investment needs.
Where Not to Find Gold Bullion
Although the Internet makes the purchasing and trading of gold bullion much easier, some Internet buyers are "setting themselves up for disappointment" according to G.M. Lousig-Nont, Ph.D. of Lousig-Nont & Associates. The auction site eBay is a popular destination for bargain hunters and coin dealers; however, it is not a wise location to make a gold investment. The gold bullion that is available on eBay may not always come from a reputable dealer and can lead to purchasing gold that is listed as pure but is actually an alloy. If you wish to make a gold purchase on eBay, be sure that you are dealing only with a certified, established gold dealer that has a high feedback rating.
When it comes to knowing where to find bullion's, you should avoid rare coin dealers if you are buying for gold investment purposes. Although these dealers may have a wide variety of gold coins for sale, they cater to a collector's market and often come with high markups. You can sometimes find logam mulia gold coins at antique stores, pawn shops, resale stores and flea markets, but these too will have a higher premium price and are not suited for real gold investing.
