Search

Gold Investing History - Past and Present


Can you remember some history lessons of your school days? Have you paid any attention in your classes? You can easily recall the lessons which discussed about the gold history. Throughout the human history, gold has been used to purchase, barter or collect different commodities. Gold has even been used effectively as a hedge against the inflation and now helps to safeguard the future earnings of the A Americans.

Gold these days come usually in two forms, and is also called bullion, these are, bars of gold or coins. During trading, many investors usually trade in the gold futures in the market. The gold investments are usually made in the mining or the refining companies.

There are many options in the gold investing like statement accounts, bars, coins mutual funds, mine shares or accumulative plans. The most easy and popular form of investment in gold is through coins or bars. They come in different weights and sizes like 1 kilo bar, 1 gram and a unique international bar.

Investment in gold through investments in gold bars is most cost efficient and easy way. Here you save a lot on the commissions of the broker as these are minimal for sale or purchase of bars of gold.

Investment in gold coins is very popular among the small investors. This is so because these are legal tenders in the issuing country and carry a guarantee on their face value.

Some of the leading gold coins include:

*Chinese Panda- It is available in weights of 1/20, 1/10, and 1 troy ounce

*Canadian Maple Leaf- It is available in weights of 1/10, and 1 troy ounce

*South African Kruggerand- It is available in weights of 1/10, and 1 troy ounce

*English Britannia- It is available in weights of 1/10, and 1 troy ounce

*Australian Kangaroo- It is available in weights of 1/20, 1/10, and 1 troy ounce

*Mexican Onza- It is available in weights of, and 1 troy ounce

*Mexican Centenario Family- It is available in the following; 2, 2.5, 5, 10, 20 and 50 pesos

*The American eagle- It is available in weights of 1/10, And 1 troy ounce

*Austrian Philharmonic- It is available in weights of 1/10, and 1 troy ounce

As you can clearly see above, the gold coins are really a simple yet popular way of making investment in gold. An investment in gold is good as it usually keeps its value with time.

Summary:

Investment in the gold has been an excellent form of investment in the entire human history. You can today purchase gold in 2 kinds of bullion apart form the mining shares, gold statement accounts, mutual funds and accumulation plans. An investment in gold secures your future.








Michael has been writing articles online for 10 years. Check out his latest website financial freedom which help people find more about network marketing.


No comments:

Post a Comment