Does Country of Origin Affect the Value of Gold Bullion Bars or Coins?

Does Country of Origin Affect the Value of Gold Bullion Bars or Coins?

The short answer to that question is that gold is gold, no matter whether it comes from Australia, England, China, Canada, South Africa or anywhere else. But there is more to it than that, because not all gold investment items are made of pure 24k gold. That is especially true if you are investing in gold coins, not bullion bars, because many of them contain small amounts of other metals that have been added to make them more durable. That explains why some popular investment coins, like the American Eagle and the South African Krugerrand, are actually made of 22k gold – only .9167pure.

Read More

Karat Gold: A Quick Review to Start the New Year Profitably

Karat Gold: A Quick Review to Start the New Year Profitably

Will you liquidate some of your gold holdings in the coming year? If you do, today’s post will help you understand how much money you can receive for them. Karat ratings are a bit confusing, because they are based on the number 24, not the base number 100 that we use when working with dollars and percentages. Let’s make things simpler by offering these conversions from karat ratings into percentages...

Read More