gold bullion bars price of a kilo of gold

Gold futures contracts are still another way of investing in the price movement of gold without actually taking possession of it. Putting down as little as 10% of the value, you are able to control a large amount of gold. The problem with futures is that even though you can make a lot of money if gold is going in your direction, you can lose a bunch if it goes against you. Since you are only putting up 10% of the value, if the price of gold goes down 5-10%, you may lose some or all of your investment. Futures are NOT for the inexperienced.

If you want to hold your gold in your hands, then you have a couple of choices. First, rare gold coins have value not only as gold, but also as a collectible. You can expect to pay much more than bullion value for scarce gold coins, but you should also be able to sell them at a premium. There are a couple of things to take into consideration here. Counterfeit coins are common. If you are going to be purchasing rare gold coins, make sure to buy only coins that have been certified by an independent grading company like ANACS, PCGS or NGC. Next, you should be aware that you will be purchasing these coins at retail prices and selling them at wholesale, so buying for the long haul is best when thinking about collectible coins.

The price for an ounce of gold has reached $1,000 recently, but it has not reached this level in the past few months even though the current economic climate says otherwise. The gold rate has reached a stable level and it would be safe to say that the gold price will be maintained somewhere between $900 and $1000 for the foreseeable future at least.

Now if you do not have large quantities of gold to sell and are looking for cash immediately, now would be a very good time to sell old gold in the United States as the value you would get for it would not vary greatly between now and a week from now. However if you are in fact looking to sell old gold which weighs more than an ounce, it would be viable to take into account the price fluctuations to ensure that you get the gold king of a deal when you sell old gold. https://www.a1mint.com/shop/