gold investment - Investing in Gold?

Gold is one of the oldest forms of showing who is wealthiest of all. Many battles have been fought over gold and other jewels. It has also been used as a form of payment throughout history and is used as a relative standard for currency equivalent to specific economic countries or regions.

It is for this reason; gold investment is one of the widest known way of accumulating for future. European and other countries implemented the gold standards during the mid 50s. Until the Second World War, these used to be dismantled to take care of the financial crises.

After the war, the wholesale gold bullion pegged the United States dollars to gold rate at US$35 per ounce troy. This resulted in a large amount of gold coins investment from people o all sections of society.

Since 1930s, the commonest benchmark for the gold price has been the famous London gold fixing. It is a twice a day telephone meeting of different representatives from the five major bullion-trading firms that also represent the gold dealers. The London bullion market has many wealthy dealers associated with it who make thousands of dollars by trading on the volatile nature of gold.

In addition to this, gold is traded continuously all over the world based on intra-day price that is derived from gold-trading markets throughout the world. Some of the factors that influence gold prices are the availability of gold in the market and its demand. This is very much similar to all other types of investments and commodities.

Many traders believe in creating scarcity by getting into unlawful practices such as hoarding. Though central banks and other official organizations all over the world keep a strict eye on the moment of gold, they still have only 20% of the total gold reserves.

gold coins - The Yellow Metal Sees a Steady Rise

Gold or gold coins have always been considered as an auspicious and valuable since centuries. The value of gold has never vanished during the past many decades even though other metals have more or less disappeared from the scene and for this reason, many people like to trade and buy gold coins.

The glitter of the yellow metal has made many people search for this treasure throughout the world. Yet, gold has never been out of value and quality during the number of years. Gold’s worth can be quantified due to its elegance, history, purity, and aesthetic sense over the years. It has been worn by Kings and Queens in the form of beautiful bracelets and necklaces, and often used as utensils in the palaces. Nowadays, gold can be found in ornaments, watches, mobile phones, clothes, shoes and many other accessories.

Today, gold is sold through retails banks, ornament shops, government approved gold coin shops and dealers, merchants and collectors. The wholesale gold bullion market is witnessing a huge rush of rare gold coins too.

There is a growing concept nowadays of certified gold that not only confirms purity but also considered full proof in terms of price. This type of certified gold comes in the form of gold coins and small bricks that are usually sold through banks or govt. licensed shops in the market. The gold coins are sold according the prevailing bullion rate in the market that shows the current price of the gold as per the market trends.

These coins are trendy, pure, and hold true value for money spent on them. You can use these coins as collectibles or can keep them for future investment purposes. The quality can be checked by hallmark of purity stamped as Karat on the back of the coin. Gold can be easily purchased and transferred from one country to another without any hassles. As such it is a truly international demand and presence, have a high liquidity, value does not get affected with changes in the economy.

rare gold coins - Gold Coins

Throughout the centuries, people have used various methods to add aesthetic value around them. There are many instances in history where kings and queens have fought battles over these aesthetic treasures. These included gems, emeraldes, diamonds, pearls, and gold items that were cherished and kept in secured places throughout the centuries. One such substance is gold. Gold in the form of gold coins and jewellery has remained one of the most desired objects for old and young, men and women since time immemorial.

Gold coins were first minted to signify authority, quality, patriotism, and symbolism. These old gold coins are very rare, have a long life, and also give aesthetic pleasure. Though the purpose to buy gold coins as treasures has given way to investment, yet even today people buy these coins as collectibles.

Gold coins can easily fetch a good premium over a period of time depending upon their quality and market price. While a good quality gold coin will always come with a guarantee of purity, it is always advised to buy gold coins from a reputed seller. At present, gold coins are being sold by banks, govt. run establishments, and big corporate houses across the world.

Another way to invest in gold is to buy gold coins in bulk after confirming the bullion rate in the market. If you are looking for wholesale gold coins, they can easily be purchased through sellers of repute as these coins are specifically produced for investment purposes. You will be given a certificate of purity and exact gold karat will be printed on the coin.

The other use of these coins is for the collectors who are looking for the geniuiness and historic appeal. These rare gold coins come with a high price tag and are genuine collector items. The normal way to check a gold coin is through karat marking that shows the exact purity like – 22 karat or 24 karat.

Gold coins

It is always said that Old is Gold; however, gold never gets old. That is why it is always in demand. Over the centuries, gold has been seen regarded as a valuable metal for aesthetic purposes and as an investment for the bad times. It is a fact that throughout history gold’s worth “has never been zero’ at any point of time. Centuries later till today, gold is in demand for the above two purposes. Today, gold is available in ornaments, jewellery items, wrist watches, clothes, and as bricks and coins. Throughout the world, gold is as easy to buy as to sell.

Gold coins are hugely popular due their longevity, quality, rarity, and aesthetic sense. These coins come in different sizes depending upon their weight. As an investment, if you buy gold coins, you get a good premium for their rarity and quality over a period of time. Quality can be measured by the shine and purity of the gold (karat) coin. In the current financial scenario, buying gold coins is on a high due to various factors. The two most important factors being hedge against inflation and portfolio risk balancing.

Though gold coins were being minted since the inception of coinage across the world; the present day coins are either made for collectors or used as bullion coins for investment purposes. Wholesale gold coins are produced specifically for investments in different parts of the world. American eagle gold coins are one such category that is not only pure but also have a trademark value. The genuine American eagle gold coins are considered to be most popular among both the collectors and investors alike. These gold coins are sold throughout the country at select outlets and online also in various denominations. They have high quality, brilliant designs, and 22 karat pure gold.

Central Banks - Net-Buyers of Gold for First Time in Decades

Gold could double in price sooner than most anticipate, and for a variety of reasons. More often than not, it is often wrongly assumed that the value of the United States dollar is the single driving force behind the price of gold. While this may have been a more viable position years ago, the ever-globalized world economy has thrown many more variables into the equation. On many occasions, we see that the United States Dollar is strengthening, yet gold prices continue to grow. The recent economic malaise that has hit the world, however, has put much into perspective. This is particularly true with respect to the credit woes of two major European Union countries: Portugal and Greece. With the bond markets in Europe suffering due to the lowering of these countries’ credit ratings, the strength of the Euro has fallen, especially with respect to the US Dollar. Simultaneously, traders have begun buying gold in vast amounts as a hedge against European currency risk. Traditionally, gold has been seen as a hedge against only the US Dollar, but in the globalized economy of the 21st Century, this is clearly not the case.

Faith in the sustainability of major currencies is no surprise. With the United States Dollar and the Euro, arguably the two driving world currencies, we see an intrinsic flaw in their structure: what is there to back their promise of sustainability? These two fiat currencies have no “real” value. The rest of the world has taken note of this, and the precious metals market has seen an upsurge of demand by the most logical of buyers: central banks. For the last twenty years, central banks were sellers of gold. Amid economic uncertainty and the safe-haven nature of gold investment demand has been growing at extremely fast rates, leading central banks to not only become net buyers once again, but in many cases to outright stop selling their gold. Without surprise, two of the major countries buying gold are China and India. India, in fact, bought out nearly half—200 of the 403 metric tons—of gold that the International Monetary Fund (IMF) put up for sale at the end of 2009. While these two countries represent the big players driving up the demand and subsequent price of gold, the central banks of smaller countries, such as Sri Lanka and Mauritius, have entered the mix, buying gold from the IMF as a safe-haven amidst the economic turmoil.

What does this mean for the average consumer? As more and more central banks begin to buy gold coins, bullion, bars, etc., the credit struggles for European countries continue, and continued economic uncertainty grows, gold and other precious metals will continue to rise and potentially double. That said, it cannot be stressed enough how important it is for the average consumer to begin seriously diversifying his or her portfolio with precious metals before while it is still affordable and in supply.

Start taking the steps today. Call United Gold Group at (800) 615-1513 today and talk to one of our Senior Account Executives to get on the right track to protecting you and your family for the future. Set up your Gold IRA or 401K today!

Chinese Gold Consumption, and What That Means for Your Investment Portfolio

As the Chinese economy continues to grow, so does the expansion of the Chinese middle class. This pattern is a natural progression, beginning with economic growth and income expansion and culminating in new disposable income for citizens to spend on higher-end commodities. The Chinese are purchasing larger homes with better amenities and driving more luxurious cars. What China’s growing middle class is doing, however, is also spending a good portion of their newly acquired income on gold and gold coins.

Over the last decade, China’s GDP has nearly tripled, and their demand for gold has as well. With their newfound economic growth and their high savings rate, the Chinese have wisely turned to gold to be one of their primary investment safe havens. Although China’s per-capita gold consumption is one of the lowest in the world, which is the total amount of gold in the country divided by the population, their aggregate consumption of gold is repeatedly in the top five worldwide. This discrepancy can be attributed to the massive population that China has; after all, the size of its middle class alone is as large as the entire population of the United States.

Many experts predict that Chinese gold consumption could double within the decade, undoubtedly driving up the price of gold to record numbers. In the last year alone, the value of gold and world gold coins has increased by more than 25% and in the last 10 years it has increased by over 300%. This should come as a powerful indicator of the long-term return potential of gold, as China produces more gold than any other country yet is already consuming roughly 10% over what it produces at its current domestic supply. Not only will prices drive up higher, but an even greater proportion of the world’s production of gold will have to be channeled towards China to keep up with the country’s growing demand.

Why wait until prices rise another 100%? Call United Gold Group at 1-800-615-1513 today, and ask one of our Senior Account Executives to help you get on the path to diversifying your investment portfolio, getting started on gold investment, and protecting your assets for the future.

Buying Gold Coins

Liberty was selected as the design to grace the American Eagle gold coin in late 1060s. The design initially appeared in 1905 on the double edge gold piece where it remained till 1930s. Like other gold coins, the American eagle gold coins have always been the favourite of everyone since decades. Investors and collectors both like to buy gold coins and collect them for future securities. Many billionaires consider buying from the wholesale gold coins as a matter of their pride.

The American Eagle Gold Coins allow investors world over a convenient and highly cost-effective way to accumulate a physical silver, gold or platinum to their investment portfolios and diversify their investments.

Collectors like to go for the proof versions of the American Eagle Bullion coins. These gold coins are made through a specialized minting process that begins by manually putting burnished coin blanks into the presses fitted with special dies made for it. Once in it, the coin is struck several times and the softly frosted but detailed images appear to float above mirror-like field.

These are then scrutinized by white gloved inspectors and then every American Eagle Platinum, Gold and Silver Proof Coin is safely sealed in a protective capsule made of plastic. The coin is them kept in a very beautiful satin-lined velvet case along with the official certificate of purity and authenticity.

Since these proof coins are produced by United States Mint, every coin's weight and purity is guaranteed none other than the United States Government and these coins can be purchased directly from the Mint.

The coins are available in the size of one-ounce, one-tenth, one-quarter and one-half as well as in a complete four coin set that contains one coin of each size. In contrast to this, the American Eagle Gold Coins that are produced at West Point carry a “W” mint mark.