FAQ’S
What are the benefits of owning gold?
Diversifying your portfolio is critical, whether your goal is:
- preserving wealth or saving for retirement.
- Gold protects you against currency devaluations.
- Gold is a wealth protector.
- The value of gold is based on the dollar currency which allows you to hedge your wealth against the rand.
- Physical gold adds security to your investment portfolio.
- As there is a finite amount of Gold in the world, its relative
- purchasing power tends to remain stable during periods of
What Is Gold Bullion?
- Bullion is gold, silver, or other precious metals in the form of bars or ingots. Typically, bullion is used for trade on a market.
- The value of bullion is typically determined by the value of its
- precious metals content, which is defined by its purity and mass.
What Is a Gold Bullion coin?
- A bullion coin is an investment-grade coin that is valued by its weight and fineness of a specific precious metal.
- Unlike commemorative or numismatic coins valued by limited mintage, rarity, condition, and age, bullion coins are purchased by investors seeking a simple and tangible means to own and invest in the gold, silver, platinum, and palladium markets.
What Is a Gold Bullion Coin?
- A bullion coin is an investment-grade coin that is valued by its weight and fineness of a specific precious metal.
- Unlike commemorative or numismatic coins valued by limited mintage, rarity, condition, and age, bullion coins are purchased by investors seeking a simple and tangible means to own and invest in the gold, silver, platinum, and palladium markets.
What Is A Legal Tender
- Coins, paper money, or other forms of currency issued by government and used as money.
- The legal tender value of a coin is the redemption value placed on it by the
What is the Gold Sport Price?
- The price of gold trading in the market at a particular moment in time.
- Spot price is quoted in dollars per ounce of gold.
What Is a Gold Bullion Bar?
- A bar of gold with a purity above 99.50%
- What is a cast bar?
- Cast bars are created whereby molten gold is poured into a bar shaped mould and left to solidify.
- The process often leads to malformed bars with uneven surfaces which although imperfect makes each bar unique and easier to identify.
- Cast bars are also cheaper compared to those that are minted because they are quicker to produce and require less handling.
What Is a Minted Bar?
- Minted bars are made from gold blanks that have been cut into a required dimension from a flat piece of gold.
- They are then stamped.
- These are identified by having a smooth and even surface.