Wednesday, February 7, 2018

There are two ways to buy and sell gold bullion.
The first method is through an agent such as a company or a bank to buy a gold bullion from the gold bourse. The gold bullion of the company is kept and the sale and construction of other alloys is based on the price of gold on the stock exchanges. The company receives a commission on every sale and purchase. The special gold alloy carries the cost of shipping to a niche. This method is only suitable for trading in the gold market through dealing and suitable for large investments and not to keep gold for sale in times of crisis.

The second method is that by buying the gold bullion from the gold traders, some large gold shops in most countries have a place to display different shapes and weights of gold bullion that can be bought for individuals such as buying regular gold jewelry, but there is a difference in how to calculate the price of the gold Jewelery.

How to calculate the price of gold ingots when you buy them?
Calculation of the price of the gold alloy shall be by the weight of the alloy and the gold standard used in addition to the goldsmith's commission or (the premium), after knowing the price of gold now, for example:


A 24-gram gold alloy with an ounce weight (31.1 grams) is defined by the price of an ounce of gold on the Gold Exchange in New York. It is denominated in dollars, then the dollar is known for the local currency and the goldsmith's commission is added. The product price of gold alloy

If the alloy of gold different weights and different grades can know the price of grams of different gold and different currencies of our site on the following link and then apply the same method above.

How can gold bullion sell?
The gold bullion can be sold in the same way, which is sold to gold traders, and the price is according to the international price of gold now only without the addition of the commission or (premium)

What is the benefit of buying gold bullion?
Gold bars are not used for decoration, but are used to save and maintain a financial source in times of crisis. In the sense of crisis, one can sell gold bullion easily to traders and turn it into a financial source, especially on the high gold prices and profits, which is considered a great investment tool at the moment, Gold in the past two years almost doubles as the price of gold ounces in September 2011 reached $ 1920 an ounce.

What is the difference between gold bars and jewelry on the one hand?
When buying gold jewelry, traders add a factory price of grams that differs from one country to another according to the shape and the gold standard used. When selling these jewelry, the trader will deduct the price of the workmanship for each gram, that is, buy the gold without manufacturing, which means loss of 10% The price of gold at the price of a purchase, that is, if the purchase of gold jewelry worth the value of a dollar if the sale of time is worth about $ 900.

The gold bullion is different because it does not have a factory price, but a commission for the trader, which is a margin of profit from the sale, and when sold does not lose much of its value, but the opposite when the high prices of gold and the sale of these alloys can be the profit commission multiplier that was added by And achieve profits.

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