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There are several ways, one of which is the purchase of products made of gold such as jewelry and ornaments, which can be used as a decoration for women and as an investment at the same time, but there are a number of reservations about this method. First, we have to know that the quality of gold is measured in carats, and the highest quality is pure gold, which was given a measure of 24 carats, since the gold ratio exceeds 99 per cent and up to 100 per cent.
With this high percentage of gold, 24 carats can not be used in jewelry nor in many products because of the softer gold at this concentration, despite the high density of the metal. For the scientific benefit - even if it is in the field of chemistry which I do not know - the gold density is equal to 19.3 grams per cubic centimeter. In other words, the weight of a piece of gold in the form of a cube of 1 centimeter is 19.3 grams. Which are often priced higher than gold.
With this high percentage of gold, 24 carats can not be used in jewelry nor in many products because of the softer gold at this concentration, despite the high density of the metal. For the scientific benefit - even if it is in the field of chemistry which I do not know - the gold density is equal to 19.3 grams per cubic centimeter. In other words, the weight of a piece of gold in the form of a cube of 1 centimeter is 19.3 grams. Which are often priced higher than gold.
Therefore, attempts to cheat in gold is very difficult because any other material added instead of gold will lead to a lower weight of the piece less than the right weight. But for practical and economical reasons, using 18 carats instead of 24 carats, which contains 75 per cent gold, 75 per cent is divided by 18 carats on 24 carats. Other materials are added to increase hardness and color control, mostly copper, silver or rhodium Or zinc and others. Even a 14 carat is considered a real gold, but the gold ratio is only 58.3 grams per cubic centimeter.
Although it is easy to buy gold jewelry, it is not the appropriate way to invest in gold for several reasons, including that the price of the gold item depends on the design and execution and other stones added, so there is no direct and accurate relationship between the price of gold ounce in international markets and the price of products made of gold. For this reason, there are those who buy gold coins and molds that come in pure gold of 24 carats, which is the caliber used in gold trading, either through spot markets or futures, and then stored in safe places in banks' tanks or by specialized companies with insurance work on them .
However, the easiest way to buy gold is through specialized funds or even through the purchase of ETFs, which are shares sold and bought like the rest of the shares and no different from them. For example, the GLD, which simulates the price of gold ounce, Ten shares of it the price of one ounce of gold. Despite the popularity of this fund and its ease of circulation, there are those who do not consider it a real purchase of gold, and differ from the actual possession of gold molds or gold coins.
The reason is that these funds may sell more shares than they have gold, which is dependent on the idea that they have enough gold to meet the redemption requests that are made on a daily basis and that it is not expected that all investors will claim their money once, But it is not guaranteed. The other option to invest in gold is by buying shares of companies engaged in gold exploration. There are specialized funds that bring a number of these companies into one basket to reduce the risk of buying shares of one particular company.
In conclusion, the investment in gold is still an appropriate means for those who have a great fortune and want to preserve it against the actions of central banks and the impact of inflation. Gold prices may go through financial bubbles as the purchasing power of the dollar fluctuates and it is possible to speculate on gold prices, So do not be risk free and lose a large part of the capital.
Although it is easy to buy gold jewelry, it is not the appropriate way to invest in gold for several reasons, including that the price of the gold item depends on the design and execution and other stones added, so there is no direct and accurate relationship between the price of gold ounce in international markets and the price of products made of gold. For this reason, there are those who buy gold coins and molds that come in pure gold of 24 carats, which is the caliber used in gold trading, either through spot markets or futures, and then stored in safe places in banks' tanks or by specialized companies with insurance work on them .
However, the easiest way to buy gold is through specialized funds or even through the purchase of ETFs, which are shares sold and bought like the rest of the shares and no different from them. For example, the GLD, which simulates the price of gold ounce, Ten shares of it the price of one ounce of gold. Despite the popularity of this fund and its ease of circulation, there are those who do not consider it a real purchase of gold, and differ from the actual possession of gold molds or gold coins.
The reason is that these funds may sell more shares than they have gold, which is dependent on the idea that they have enough gold to meet the redemption requests that are made on a daily basis and that it is not expected that all investors will claim their money once, But it is not guaranteed. The other option to invest in gold is by buying shares of companies engaged in gold exploration. There are specialized funds that bring a number of these companies into one basket to reduce the risk of buying shares of one particular company.
In conclusion, the investment in gold is still an appropriate means for those who have a great fortune and want to preserve it against the actions of central banks and the impact of inflation. Gold prices may go through financial bubbles as the purchasing power of the dollar fluctuates and it is possible to speculate on gold prices, So do not be risk free and lose a large part of the capital.
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