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Best Gold IRA Company

With a full range of gold products, a specialized gold IRA service and a dedicated approach to customer service, Regal Assets easily stands out as the best gold IRA company. Regal Assets has been in business since 2003 and maintains an A+ rating with the Better Business Bureau, further establishing the company as a dependable choice for investors. Read this Regal Assets review to learn more about the features that have earned this company a glowing reputation among consumers.

1. Top-Quality Gold Products

Gold IRA investors can choose between bullion bars, coins or a combination to meet their financial goals, and Regal Assets offers all of these options. Regal Assets reviews commonly mention the diversity offered by the company that enhances the success of clients’ portfolios over time. As the economy changes, having reliable gold products in a portfolio ensures that an investor’s future is more stable and profitable than it would be with the poor-quality products offered by many other gold companies. With that said, some may point out that Regal Assets has a somewhat limited selection of gold bullion, and this could initially confuse clients who have their sights on specific types of gold products. Fortunately, one-on-one help from Regal Assets staff means that investors still have better luck building a portfolio for a comfortable future starting with their first order.

2. Exclusive Guarantee on Prompt Delivery

Gold investors should never have to wait to receive the precious metals they have already purchased, and Regal Assets understands this. As a result, the company guarantees that their clients will never wait more than seven business days to get their gold after funding their account. By contrast, many other gold companies can take more than a month, and sometimes more than three months, to deliver. As soon as Regal Assets ships gold, they send tracking information so that clients can keep an eye on their shipment until it is in their hands. In the rare case that an order actually takes more than seven days to arrive, Regal Assets gives clients a free one-ounce Silver American Eagle. Finally, clients can rest easy after they’ve placed an order because Regal Assets accepts responsibility for shipments of precious metals until clients have signed for their packages and have them in their possession.

3. Unprecedented Gold IRA Services

Many gold companies treat gold IRA services as a sideline next to their gold sales, but Regal Assets focuses on gold IRA creation, transfers and rollovers. Everything a client needs to get started investing in gold is offered by Regal Assets, including knowledgeable customer service professionals, streamlined account creation and low-cost, secure storage. Unlike many other gold IRA companies, which commonly require mailing or faxing of hand-signed documents, Regal Assets has developed a system in which clients can complete paperwork electronically to get started in gold IRA investment quickly. In fact, only 24 hours are needed to get new gold IRA accounts up and running after Regal Assets has received the documents through email.

4. Flat Fees on Segregated Storage and Administration

Regal Assets offers segregated storage of gold with Brinks. Among the few other gold companies offering segregated storage, annual rates commonly start at about $225. Regal Assets gives clients this service for only $150 per year. In fact, this is actually lower than the aggregated storage costs that many other gold companies offer. With Regal Assets, the administration fees for storage is a flat $100 no matter how much gold is involved. Many competitors not only scale administrative fees according to account size but also scale storage fees this way. It’s clear that Regal Assets has established itself as a leader in gold storage and administration fees.

5. Exceptional Customer Service

There is good reason for the focus of many Regal Assets reviews on the company’s customer service. The staff at Regal Assets is dedicated to helping clients build a strong portfolio that includes the features that help them meet their goals rather than pressuring clients into making unwanted and unnecessary purchases. Unfortunately, many other gold companies lure clients with offers for low-cost bullion before pressuring them to buy collector coins that don’t often contribute enough investment value to warrant their price. Reviews on Trustlink average five out of five stars because Regal Assets is only interested in helping clients make smart investments at the best rates available. Over the years, Regal Assets has built a reputation among clients and respected publications such as Inc. Magazine and Forbes by helping clients reach their financial gaols rather than pressuring them to make poor investments as many of their competitors do.

6. Reliable Business Operations

The experience Regal Assets has accumulated over a decade in business means that clients enjoy a refined approach to products, delivery, gold IRA set-up and service. Because Regal Assets has developed an electronic process for account creation, clients can have a gold IRA account in just 24 hours, which is far less than the week or more that can be expected from competitors. For funds transfers, clients can be done in less than 48 hours when they choose Regal Assets. Competitors have been known to take anywhere from one to three months to finish transfers. Regal Assets also covers all of each client’s first year of retirement account expenses, making it even easier to get started. Finally, if clients ever decide to liquidate their assets, Regal Assets will wire the resulting funds within just two days of the request.

Investors who want to work with the best gold IRA company on the market should choose Regal Assets for the reasons listed here. One Regal Assets review after another has identified Regal Assets as the top choice for buying precious metals and creating secure accounts to build stable wealth for retirement. At the end of the day, Regal Assets shows how gold investment should be handled for the profit and satisfaction of finance-conscious consumers.

Visit Regal Assets and Request A Free Investment Kit. Official Website: www.RegalAssets.com

Another great company worth checking out is Bullionvault; read a full review here: Bullionvault Review.

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Is Gold A Good Investment?

Continuing economic uncertainty is forcing many investors to think about their financial security. Will prosperity, or even retirement, be possible if the economy falls under its own weight? The response of many savvy investors has been to invest in precious metals. Throughout history, gold and silver have withstood inflation and deflation, giving their owners stability amidst economic chaos. Is gold a good investment? Read on to learn more about why it is indeed smart to add gold as well as silver to your portfolio.

Precious Metals Stand on Their Own

Unlike currency, whose worth is at the mercy of the bankers, precious metals maintain intrinsic value that is independent of a nation’s economic status. The successful and long-standing use of currency has led many people to view paper money as reliable, but this is far from the truth. To understand why gold and silver keep their value even when the currency produced by nations does not, you have to understand the differences between actual money, such as gold and silver, and currency, including the American dollar.

Money or Currency?

When most people think of money, they envision cash. In truth, cash is currency meant to represent wealth that is presumably stored away somewhere. Nowadays, the value of currency is actually determined by its continued flow through the hands of consumers and businesses. It does presently work for the short-term purpose of transferring wealth, but it is hardly strong enough to stay reliable when the bottom falls out of an economy that is virtually designed to fail. When a nation’s economy is placed in the hands of a few powerful bankers, economic depression will result if the Federal Reserve decides to withhold currency. This is what happened at the start of the Great Depression, and it could easily happen again.

Today, people rarely deal with true money, such as gold and silver, in routine transactions. Instead, cash or digital representations of currency are used to buy, sell and store wealth. Long ago, possession of this currency meant that owners could theoretically exchange their cash for physical gold, but this is no longer the case. Today’s cash is created out of thin air, and the name for this is fiat currency.

The word, “fiat,” literally means an arbitrary pronouncement that is made by an individual or group. When it refers to currency, fiat expresses the fact that instead of users knowing that their currency is backed by gold, they must simply take the government’s word on its value. This means that fiat currency, the only type of currency used throughout the world today, is essentially an illusion that is bound to burst when economic catastrophe happens.

The Gold Standard

Before fiat currency became standard, people around the world used currency backed by gold in what was known as the gold standard. In transactions between countries, faith could be had about value being passed around because all currencies were rooted in stored gold. Thanks to the equalization of currencies created by the gold standard, massive inflation was a non-issue throughout centuries of ups and downs. Imports and exports balanced each other naturally as economies boomed and busted. Unfortunately, it is quite a different story today.

Beginning in 1914, the United States abandoned the gold standard and started borrowing currency from the Federal Reserve. Since then, the U.S. government has owed the Federal Reserve, with interest, for every dollar it has produced. The government is constantly getting new currency from the Federal Reserve even though the Fed has nothing with which to back it. This is just like writing one bad check after another with no end in sight, and the American government and people will ultimately be stuck with the bill one way or another.

Economic Collapse on the Horizon

Besides the illusion behind today’s currency, numerous other factors are stacking up to create looming economic disaster for those relying on currency. Unfunded liabilities, massive budget deficits and major trade imbalances are all helping the economy unravel at a startling pace. Programs such as Social Security and Medicare are bleeding the economy dry as they are currently set up. These programs are estimated to cost the U.S. government between $100 trillion and $200 trillion, which means that they can essentially never be paid off. The debt continues to expand each year with no end in sight. In case of default, these deficits would result in inflation increasing the cost of living and medical care to the point that Americans would be left in financial limbo.

Long-term budget deficits will damage the economy through reduced investment, increased interest and decreased productivity growth. As of 2012, the national debt was at $16 trillion, a massive increase over the $1 trillion debt possessed by the U.S. in 1982. Some say that the national debt may balloon to as high as $25 trillion by 2020. With each new president, the government continues to spend more than it makes, and this trend will probably continue.

Trade imbalance also accounts for growing economic troubles. Over time, the United States has become accustomed to buying items from other countries rather than manufacturing items on its own soil. This country’s manufacturing base has been decimated, and the situation is bound to grow worse as we continue to send money overseas. This trend is not sustainable, and the loss of jobs, revenue and wealth can only drive us further into the economic hole.

How Currency Is Made

With the economy practically falling apart, the Federal Reserve continues to print money, driving the U.S. government and its citizens into debt that it can never repay. This is not a big deal for the Fed, but the constant output of new cash only takes value away from the currency already available. Ultimately, taxpaying consumers are left holding the bag as the value of their currency continues to evaporate.

Where Is the Economy Heading?

The combination of economic problems outlined above means that massive amounts of wealth are possessed by the people running the show. Times like these could easily prompt the holders of that wealth to jump ship, resulting in disaster for those who have relied on currency for financial stability. This makes a strong case for investing in precious metals. Why invest in gold? It maintains its value no matter the current state of fiat currency. If the economy disintegrates, individuals with their own stores of gold and silver can expect to stay financially secure. Precious metals are dependable even when deflation or hyperinflation happens, staying valuable and even growing in value for the benefit of their owners.

Deflation

If deflation were to happen, prices and wages would drop in value. This is what happened during the Great Depression, and many experts have said that it could happen again considering the current state of the U.S. economy. A standard investment portfolio, based in fiat currency, would be worthless during deflation because investors would sell off their holdings as quickly as possible. In the end, this would mean that only investors who own precious metals, such as gold and silver, would be left standing financially. In fact, the net worth of precious metal portfolios would skyrocket as the demand for gold and silver continued to rise and the supply remained the same or even fell.

Hyperinflation

Compared to a modestly high degree of inflation, which would involve a greater loss of value for the dollar compared to a smaller rise in value for investments, hyperinflation would make fiat currency and investments other than precious metals practically worthless. Investments in real estate or business, for example, would quickly lose their value. In cases of either modestly high inflation or hyperinflation, precious metals would not only keep their value but potentially mean major increases in wealth for owners who are so inclined. After easily paying off existing loans with silver and gold, owners of these metals could purchase more properties to sell after hyperinflation ends, making them very rich indeed.

Is Gold a Good Investment?

Gold has trended towards price increases through one economic disaster after another. As recessions continue and financial uncertainty looms, gold’s value is more apparent than ever before. Other than gold, silver is another precious metal investment that has not been discussed as much. In addition to its value in the form of bullion or coins, silver is heavily demanded by countless manufacturers. As demand for silver has increased, supplies have decreased, resulting in dramatic rises in value and making silver a strong financial hedge against economic collapse.

So, is gold a good investment? Is silver a good investment? If you’re interested in preserving your financial future and building wealth when the rest of the economy is going down the drain, then yes, both of these precious metals are smart investments that you can depend on. Why invest in gold now? Gold is continuing to rise in value, as it has tended to over many centuries, and evidence indicates that it will continue to do so in the future. If you’re paying attention to the direction in which the economy is headed, it’s easy to understand why gold and silver are sound answers to impending economic uncertainty.

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Top Gold IRA Companies Reviewed

If you’re ready to get started with gold IRA investing, you have plenty of gold IRA companies to choose from. As you look for a company or custodian, you should consider reputation, pricing, years in business, customer service availability and number of services offered. Fortunately, the process of finding the right company for you can be made easier by reading gold IRA company reviews. Below are the top 10 choices out there.

#10. Goldline   goldline

  • Web: http://www.goldline.com
  • Trustlink rating: tl_2stars_lg (45 votes)
  • BBB rating:  C+
  • Complaints: 5 complaints closed with BBB since March 10, 2013

Goldline has been selling silver, platinum and gold bars and coins to clients for more than half a century. Clients who choose Goldine can rest easy knowing that their investments are safe because the company is willing to keep metals for clients or have them kept under security at a separate depository. Understanding that customer service is an important part of precious metals investment, Goldline makes its customer service staff available to investors six days a week. As a result, investing in metals through the company is accessible from the start. In the past 12 months, Goldine has had five complaints filed against it at the Better Business Bureau, but all five have been closed.

#9. Blanchard blanchard-gold

  • Web: http://www.blanchardonline.com/
  • Trustlink Rating:  Not rated
  • BBB Rating:  A+
  • Complaints: 3 complaints closed with BBB since March 10, 2013

Blanchard and Company is a merchant specializing in precious metals which is based in New Orleans, Louisiana. More than 30 years have passed since the company first opened for business, and Blanchard now offers a wide range of services to its clients. Economists, precious metals consultants, trends analysts, numismatics experts and rarities consulting are available along with a dedicated vault department. Blanchard employs more than 85 professionals that work for the benefit of clients who trust them with their investments. According to the Better Business Bureau, Blanchard and Company has had only three complaints filed against it within the past 12 months, and all of them were closed.

#8. Rosland Capital rosland capital

  • Web: http://www.roslandcapital.com
  • Trustlink rating: tl_3stars_lg (19 votes)
  • BBB rating:  A+
  • Complaints: 2 complaints closed with BBB since March 10, 2013

On the gold IRA scene since 2008, Rosland Capital has worked to establish itself in a competitive marketplace. On the website maintained by Rosland Capital, the company displays endorsements from prestigious clients Jeffery Nichols and William Devane. The company sells gold and silver sourced from a number of locations, including Canada, South Africa and the United States. The Better Business Bureau has received three complaints about the company within the past year, but all three have been closed. Click here to learn about existing reports on this company: http://www.401kgoldirarollover.com/rosland-capital-review/.

#7. Lexi Capital  Lexi Capital

  • Web: http://www.lexicapital.com/
  • Trustlink rating: tl_5stars_lg (1 vote)
  • BBB rating:  A-
  • Complaints: 1 complaint closed with BBB since March 10, 2013

Lexi Capital has not been offering its services for long, but it has already been given plenty of positive gold IRA company reviews since it opened. Of particular note are reviews praising its customer service, which complements the features it offers clients. For example, clients beginning to invest in gold will find that the company’s unique software and performance analysis services make it easier to diversify portfolios. In the past 12 months, Lexi Capital has only faced a single complaint at the Better Business Review, and that complaint has since been closed.

#6. American Bullion American Bullion

  • Web: http://www.americanbullion.com/
  • Trustlink Rating: tl_4stars_lg (4 reviews)
  • BBB Rating: 2 complaints closed with BBB since March 10, 2013

American Bullion, based out of Los Angeles, California, is well known among gold IRA companies thanks to a prominent marketing program designed to draw IRA investors interested in diversifying with precious metals. Four precious metals are offered by the company: Silver, platinum, palladium and gold. For investment services, American Bullion offers IRA and 401k rollovers. According to the Better Business Bureau, American Bullion has had two complaints filed against it in the past 12 months, and both have been closed.

#5. Lear Capital Lear Capital

  • Web: http://www.learcapital.com
  • Trustlink rating:  tl_4stars_lg (179 votes)
  • BBB rating: A+
  • Complaints: 10 complaints closed with BBB since March 10, 2013

Open since 1997, Lear Capital offers a full range of services for investors, including sales of silver and gold coins and set-up of gold IRA accounts. At the Lear Capital website, clients can check for news in the precious metals market that can affect their investments. Clients can pursue financial security with help from the company’s customer service team, which ensures that each client has a personal agent with whom to work. The company’s website simplifies the gold IRA investment process with account completion services, funding determination and continual account management. At the Better Business Bureau, Lear Capital has had 16 complaints filed and subsequently closed within the past 12 months.

#4. Morgan Gold morgan gold

  • web: http://www.morgangold.com/
  • Trustlink Rating: (5 votes – click here details)
  • BBB Rating: A-
  • Complaints: (1 complaint since March 2013 to learn more)

Morgan Gold LLC, based in Irvine, California, has a long history in the gold IRA market. Under the leadership of Steve Deeds, Morgan Gold has served clients with more than 1 billion dollars worth of gold since it started. In addition to selling gold bullion and coins, the company specializes in providing clients with IRA and 401k rollovers. Prospective clients will be happy to know that Morgan Gold has a good track record, with the Better Business Bureau showing only a single, since-closed complaint filed against the company in the past 12 months. On TrustLink, Morgan Gold has a five-star average rating from five posted reviews.

#3. Merit Gold merit gold

  • Web: http://www.meritgold.com/
  • Trustlink rating: tl_5stars_lg (645 votes)
  • BBB rating:  A+
  • Complaints: 3 complaints filed since March 2013

Merit Gold has helped more than 250,000 investors get started with precious metals since it opened for business in 1986. Through market downturns and peaks, Merit Gold has remained available to clients. The company’s features include a transparent pricing system, real-time market news and gold coin assessments. In addition, clients can choose from a competitively priced selection of gold. Merit Gold has established itself as community focused by giving donations to numerous charities, including the American Cancer Society, Wounded Warrior Project and others.
Read a complete review of Merit Gold and silver here http://www.401kgoldirarollover.com/merit-gold-review/.

#2. Capital Group  Capital Gold Group

  • Web: http://www.startwithgold.com/
  • Trustlink rating: tl_5stars_lg (132 votes)
  • BBB rating: A+
  • Complaints: 0 complaints closed with BBB since March 10, 2013

Capital Gold has been selling gold and offering investment services to clients for more than a decade. The company’s customer service program includes numismatic experts who work with investors to help them target their purchases. Authentication services help clients confirm the value of the coins in which they invest. Gold IRA reviews confirm this company’s standing as a reliable custodian for investors interested in these services.

#1. Regal Assets  regal assets

  • Web: http://www.regalassets.com
  • Trustlink rating: tl_5stars_lg (273 votes)
  • BBB rating: A+
  • Complaints: 0 complaints closed with BBB since March 10, 2013

Regal Assets is easily at the top of the best gold IRA companies out there. The company’s numerous strengths, including excellent customer service, low prices and fast delivery, have made it the focus of countless glowing gold IRA reviews. Clients of Regal Assets have access to specialized consultancy on gold purchases, flat fees on annual gold storage and administration fees that are free the first year and only $225 annually afterwards. Better Business Bureau gives Regal Assets an A+ rating with no complaints filed against the company in the past 12 months, and TrustLink has given Regal Assets a rating of five out of five stars. If you’re thinking of doing a gold IRA rollover and are looking for the best option out there, you can get a free Gold IRA Rollover Kit from Regal Assets to learn more.

The above reviews cover the best gold IRA companies available. As you can see, there are plenty of choices for every investor. Shop carefully based on reputation, options and fees to get the best return on your investment and move towards a stable, financially rewarding future.

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A Quick And Dirty Guide To Doing A Gold IRA Rollover

As the future of traditional IRAs becomes shakier every day, more consumers are finding themselves drawn to the advantages of a Gold IRA Rollover. This investment option often involves a self-directed approach to retirement savings, and it always includes greater diversity and financial security. No matter what type of IRA you are currently holding, you can switch some or all of your accrued funds to gold investments in any of several forms. While this may sound complicated at first, it’s actually simple once you understand the process and determine that you are ready to make the move to more solid financial ground. Here’s how to do a gold IRA rollover.

Self-Directed IRAs

If you decide to pursue an IRA gold rollover, you may need to switch to a self-directed IRA. This will open your investment options significantly, giving you greater stability and more control over your assets. In case of unexpected market changes, a self-directed IRA will let you direct the performance of your investments without relying on management practices that may or may not serve you well in the end.
A self-directed IRA carries the same set of limitations associated with other IRAs concerning withdrawals and annual deposit limits. Like other IRAs, self-directed IRAs are a long-term investment for forward-thinking investors. The major object of interest here is the ability to easily roll over your IRA assets to gold investments. While self-directed IRAs allow for investments in collectible items, stocks and insurance, the potential for gold IRA investment means that, with guidance from a professional or on your own, you can turn your assets into solid gold or a number of other options in the gold market.

How Rollovers Differ from Transfers

With traditional IRAs, you can choose between investing your existing assets in gold through the use of transfers or rollovers. With transfers, you rely on the custodian to transfer management of your accounts to a new custodian who will invest your funds according to your financial goals. This way, there are no concerns relating to the 60-day government deadline that you will be faced with when you choose a rollover. If you would prefer to have total control over where and how your funds are invested in gold rather than entrusting these options to a custodian, a rollover may be more to your liking.

If you choose to do a rollover, you effectively remove the cash from your existing IRA by having your custodian send you a check for the amount of your funds. Per government guidelines, you then have 60 days to invest those funds into another IRA that meets their requirements. Many investors find that the freedom inherent in a rollover makes it a safer option compared to transfers, but it is essential to heed the 60-day deadline to avoid facing significant taxes and penalties from the government.

Choosing Your Gold Investment

You have a number of purchasing options when you create a gold IRA account, including physical gold, ETFs and gold certificates. Each choice carries certain advantages and drawbacks. If you choose physical gold, such as gold bullion bars or coins, government restrictions mandate that the gold stays in its safekeeping at a repository until you retire. When that time comes, the physical gold will be shipped to you, and you will be tasked with finding a secure location to store it for the long term. While you may be tempted to keep the gold in your home, many consumers prefer to store it in a safe deposit box at a bank or credit union for more security. If you choose to keep at least some of the gold at home, make sure you have a solid and discrete home safe. You can find some good home safe reviews here.

Gold certificates, another option, signify your ownership of gold that remains in the physical possession of a company. If you opt for gold certificates, the government will hold onto them until you reach retirement age. As with physical gold, certificates will be shipped to you, and you will have the option of keeping them on hand or in a safe deposit box or other location.

The third option, ETFs, are exchange-traded funds and are actually stock purchases in the gold market. It’s important to note that not all IRA custodians allow ETFs. Traded on the stock exchange, ETFs can be bought and sold over the years according to changes in the mining market and economy. While these can be lucrative, they also present the higher level of risk that is normally associated with stocks. If you want to be able to offload your investment quickly if necessary, ETFs may be ideal for you.

Preparing to Invest

Whether you choose a self-directed gold IRA account or one handled by a custodian, you should spend time deciding who to work with on your investment. If you go the self-directed route, you can approach the investment process with more information on your side by consulting with an experienced broker. This professional can tell you all about gold purity ratings, mints and forms of bullion or coins that support your financial goals and are accepted in the IRA portfolio of your choice.

If you prefer to have your gold IRA investment managed by a custodian, be sure to evaluate available custodians in terms of their experience, security and business practices. This will ensure that your savings are secure and that you won’t have to worry about the 60-day IRA reinvestment deadline being unmet because of a slow-moving custodian. Finally, you will want to make sure that the custodian you choose is one with whom you feel comfortable because the IRS will penalize you on your funds transfer if you do not wait at least 12 months before switching to a new custodian.

After choosing a custodian, be sure to handle all paperwork and obtain contacts before your existing assets are transferred to gold investments. This is another safeguard against violating the 60-day reinvestment deadline. If you ask about potential fees associated with making this investment, you will be prepared when the custodian handles this or gives you a check to make the investment on your own.

If you’ve chosen to invest in physical gold, you may be faced with a number of options depending on your custodian. With most gold IRA companies, you will be able to choose your own gold dealership. Research carefully and find a reputable online or offline dealer that offers the form of gold that you want for prices that maximize your investment.

A gold-backed IRA is a more stable alternative to traditional, cash-based IRAs. At every step in the gold rollover process, you have access to several options that enable you to personalize your investment and more easily meet your long-term financial goals. Whether you make gold part of your portfolio or move exclusively to gold, you will find that gold retains its value, and often grows in value significantly, to ensure that your wealth is there for you when you’re ready to retire.

Here is another webpage where you will find more information on gold ira rollovers: http://www.401kgoldirarollover.com/

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Understanding Gold Price Per Gram Is Important When Investing

You will find that gold is sold not only by the ounce or troy ounce but also by the gram. To get the best deal, you should learn more about the differences between these sizes and the value of buying gold by the gram. Here’s a look at the price of gold per gram, the conversion of this measurement to larger weights and the advantages of purchasing gold by the gram versus by the ounce or troy ounce.

Weighing Gold Price Per Gram

Grams, which are used in countries using the metric system as well as those using standard measurements, are also found on the gold market. Many gold dealers sell gold by the gram as well as by the ounce or troy ounce. Although gram-size gold purchases can be more convenient if you who prefer a gradual approach to investment, they also sell for a premium above the cost of larger amounts. This is generally done by dealers to account for additional overhead when working with higher volumes of smaller transactions.
As of November 8, 2013, the spot price of gold is at $1,287.70 per troy ounce while grams are $41.41. By multiplying the gram price by 31.1, the number of grams in a troy ounce, you can see that this cost is equivalent within a few cents. However, as mentioned above, costs tend to be slightly higher when you buy from a dealer. Price per ounce from a dealer is more likely to be close to market spot price while price per gram can be as much as $10 to $15 over spot price. When this is multiplied to find the proportionate cost per troy ounce, it comes to $1,648.30, reflecting a significant increase compared directly to buying in larger amounts. Still, the value of buying this way is not necessarily so simple.

Smaller Size, Higher Investment?

It is true that buying gold by the gram is usually more expensive when compared side by side with purchasing a troy ounce or more, but this buying strategy may be your best bet in certain cases. Smaller investments in future wealth are always better than none at all. Furthermore, the slight premium charged on gold sold by the gram may be overshadowed by the value of investing right away.

If you find that investing in gold by the ounce is prohibitively expensive and have to save for months or years for a single purchase, you may risk encountering spot price increases in the meantime that affect that planned purchase. If, however, you have accumulated gold by the gram throughout this period, you may ultimately be in a position to benefit from already having several grams of gold in your possession at this later date. In this situation, sudden inflation or a spike in gold spot price would actually represent financial security or an opportunity for profit instead of an inability to buy gold by the ounce as its price rises out of reach.

Where Can You Find Gold by the Gram?

Gold can be purchased in different amounts at dealers both online and offline. For the greatest flexibility in investment size, you may want to visit online dealers, which commonly offer gold in increments ranging from half a gram to one kilogram or more. With these options, you can add gold to your portfolio according to your future goals and present financial priorities. No matter which way you choose to buy gold, however, you should weigh the differences listed above regarding gold price per gram versus prices per ounce or kilogram to ensure that the immediate and long-term value works for you.

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What Is The Price of Gold Per Ounce

As inflation rises and the economy teeters on the edge of collapse, more people are buying gold as an alternative to other investment options. Gold, in all its forms, has remained an excellent choice for consumers who want to add stability to their portfolio. For gold to be an effective investment, however, it’s essential to understand it and approach it correctly. First, one should examine the history of gold prices to the present day and learn the most reliable ways of getting the most gold for the dollar.

What is the price of gold per ounce?

Gold is priced in terms of troy ounces, which are different from the ounces normally used by Americans. While a standard ounce is about 28.35 grams, a troy ounce is about 31.1 grams. This makes international comparisons and trade easier, but it can make initial purchases more complicated for Americans at first. When it comes to larger investments in bullion, these differences become much more important to consider.
As of October 30, 2013, one ounce of 24-karat gold is worth 1,354.42. An ounce of 22-karat gold is 1,241.55. As purity decreases, the price of gold per ounce continues to fall as well. 21-karat gold is currently priced at 1,185.12, and 10-karat is at 564.34.

Real Time Gold Prices

What is gold spot price?

Spot price is essentially the present market price for a commodity, and it’s based on exchanges on Comex and the New York Mercantile Exchange, or NYMEX. When spot price refers to gold, it’s calculated with future market demand in mind. Spot price is reflected in the amounts one can expect to pay for physical gold at a dealer, and payment and delivery are included in the total. For day traders, gold spot price is helpful for predicting future values. It’s important to note that larger gold transactions naturally require more time and expense for shipment by brokers, so gold spot prices can be more or less relevant based on how much is bought. In addition, investing in gold by spot price can result in having to pay more commissions to brokers over the course of a large number of transactions.

What Factors Influence the price of gold?

The question, “What is the price of gold per ounce?” is answered by a long list of factors at any given time. First, the law of supply and demand affects gold price as consumer interest in gold waxes and wanes. In recent years, economic uncertainty has increased consumer interest in gold and has driven up value as a result. In fact, any major world event, including war and terrorist attacks, has historically caused gold to increase in price. As mining companies and central banks buy and sell gold, the market value can change significantly. Because gold has also become more difficult and expensive to mine, the price of gold per ounce has tended to rise. The value of currency is constantly changing, resulting in increases and decreases of gold price in proportion to currency value in any country. As interest rates increase and inflation rises, more investors seek gold as an investment of solid value, raising its price. Finally, the wide range of industries using gold also affects gold price depending on their increased or reduced use of this precious metal.

How has gold’s value changed throughout history?

Gold has been valued since the Egyptians and Sumerians first started mining and using gold thousands of years ago. Since the beginning of the 20th century, gold’s value has risen and fallen, but the overall trend has been a significant increase. A look at inflation-adjusted prices illustrates this. In 1915, gold was $400 per ounce, but it dropped slightly to $300 until the 1930s. From there, gold rose to $580, then fell to $330 in 1950. Prices hit $660 by 1974, dropped to $430 in 1977, then skyrocketed to a record of $2,000 in 1984. Gold’s value decreased to $340 in 2001, but it has risen fairly consistently since then, with the biggest price increases happening since the recession began in 2008. Today, interest in gold as an investment is soaring, and this is reflected in its growing value.

What forms of gold can you buy?

There are plenty of gold options, and all can be expected to be fairly rock-solid in future value. However, the best one for each consumer depends on their own financial situation and goals. Gold bars are usually 24-karat or near it. Coins, another tangible option, vary but are sometimes 24-karat as well. Both are considered forms of bullion and can be expected to stay stable in value because they align so closely with gold’s basic performance. For investors who like the idea of collecting, collectible and proof coins are other options. Because their value also depends on rarity, investing in them calls for more expertise, and their long-term stability does partly depend on the collecting market. Bullion can also be bought in the form of an IRA, which lets investors avoid having to safeguard physical metal. Another non-physical choice is that of exchange-traded funds, which are easy to invest in and simple to sell later. In many cases, ETFs have backing in physical gold, making them especially stable. Stocks, in the form of futures or options, such as in mining companies, are vulnerable to market changes and call for more research before purchase. Finally, gold accounts, either allocated or unallocated, are convenient options available from banks and can be cashed in quickly.

Where can you find the best deals on gold?

Investors looking to buy gold should shop around and ask, “What is the price of gold per ounce you offer?,” as this can vary significantly between sources. Reputable dealers can be found both offline and online, and many online dealers will ship to customers for convenience. Bars and bullion coins are ideal choices for first-time investors thanks to simplicity and stability. Before buying from a dealer, it’s essential to research them and confirm that their gold is genuine. One should also become familiar with the current value of gold per ounce, paying careful attention to the spot price. Finally, it’s a good idea to understand and compare dealer commissions and fees to get the best possible deal.

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