Investment Physical gold, Gold Bullion-Gold Coins-Gold Jewelry
Investment Physical gold, Gold Bullion-Gold Coins-Gold Jewelry
Physical gold is available in different type and size in almost all countries of the world in different shapes. For example, a survey by Thomson Reuters GFMS, there were over 166,630 tonnes of physical gold by the year 2011 available in the financial market, which was composed of following type and mass:
• Jewelry: 52%
• Private Investment: 19%
• Official holdings: 16%
• Technology: 11%
• Unaccounted: 2%
Physical gold are available in markets and can be bought in different type and size, they are Gold bullion, coins and jewelry, and its price can also be derived by scarcity, aesthetic value and production effort. Bullion and coins are mostly used for investment of money and jewelary are used to be worn, jewelry were used as investment in the old time, still in some counties it is used for investment.
Gold Bullion.
It is a bar or ingot of gold of various size, bullion word originates from Louis XIII,Claude de Bullion, a French Minister of Finance. It’s worth rely on its purity /immaculateness and mass. pure bullion gold is called parted bullion that is officially 99.5% pure, while impure, sullied gold is called unparted bullion (it involve different sort of metals).
Gold rocks are initially found, mined and afterward gold are extracted utilizing great warmth and distinctive chemicals, then changed over into bullions.
Gold Coins.
Coins are famous even in ancient time, they were using it for currency, still gold coins are using in some countries as currency. Gold coins today, are special coins, made of gold, available in verity of sizes, different shapes mostly rounded, and different type in different countries. For example, officially recognized Canadian Maple Leaf, American Eagle and United State Mint. These coins are also 99.5% pure.
Gold Jewelry.
Jewelry made of gold can be combined with other precious elements and gems to enhance its appearance and value. The value of jewelry depends on upon gold purity and mass, worth of gem used and artistic work used to build it. Jewelry is used to be worn and as an investment.
