Gold is a valuable, popular precious metal which has been bought and traded with since the beginning of documented history. The first ever gold coins occurred in the Grecian age in Lydia in around 700BC. In recorded history roughly 165,000 tonnes of gold has been mined. Gold is commonly manufactured into jewelry but there is a large proportion of gold which is used in investment (as a currency). In fact it is broadly used all over the world as a medium for financial trade. The reason why gold is so popular in this activity is because it is recognised as an investment hedge. In other words, it is not effected by shifts in currencies or the economy and resists inflation. Gold is also tangible and rare, it can always be exchanged without much fluctuation in its value or reputation. Other popular trading objects such as antiques rely on fashion trends and popularity which are unstable. Due to its demand and popularity gold can now be bought and invested in online. It has become a sustainable resource for protecting one’s own fortune.
Gold online is available in the form of gold coins, gold bullion bars and gold jewelry. Gold is measured by troy weight and grams. However, gold coins are produced in four weights: 1oz., 0.5 oz., 0.25 oz. and 0.10 oz. Bullion bars are determined by ounce: 1oz.,- 10 oz.- and 100 oz.-bars. When it is mixed with other metals the word carat is associated as it represents the purity of the gold (24 carat is pure gold), this is how gold jewelry is valued. The availability of gold online has made it easier than ever for investors to access and contact auctions, dealers, mining companies and market prices in an easy and reliable way.
Why buy Gold?
It is complicated and unreliable to attempt to value gold offline or in terms of currency. On our site we can help you to evaluate gold prices in relation to stock prices. You can gain access to The Dow/Gold ratio (The Dow Jones Industrial Average), this can be used as a tool to determine the cost of gold (in ounces) as well as specifying how much gold (in ounces) The Dow can effectively purchase. When The Dow/Gold ratio is high, this translates to cheap gold prices and expensive stock prices, vice versa, when the ratio is low, gold is costly and stocks are more favorable to buy. The ratio therefore allows you to determine when is a good time to buy gold and when is not. Discover how and why to buy gold online and gain profit. There are several ways in which you can do this online: buy gold stocks, gold funds, goldmine stock, gold coins, bullion bars or jewelry. Gold is an authentic, dependable long term investment and it is easy to learn how to become a successful investor online.
The cost of gold is controlled by the process of trading. Gold Fixing, which began in 1919, issues a daily indicator/measure of the price of gold. In 2001, gold price rose considerably compared to the US dollar and since then gold has risen in value above all significant stock markets and not only this it is set to continue to accelerate over the next few years. This means it is a great time to buy gold over buying stocks. As well as this there are many effective and low-risks ways to do so, for example, by buying scrap gold.
Invest in Gold?
Investing in gold dodges economic disruptions and instability. It is transportable, recognised and received globally. However, generally speaking investing in gold is low-risk as it is separate from the economy and holds a strong reputation across the world. Investing in gold is ideal for any first time investor. Once you are confident in the gold you want to buy, you can use our resources to consider prices and stalk the highs and lows of the market. When you have found a price that interests you, you can buy immediately, when you are ready to sell the gold back, this is also a quick process. You can also consider investing in ETFs or gold stocks (exchange traded funds). Those wanting to invest in a more high-risk process can examine gold futures. This is ‘speculating’, betting on how the price of gold will move in the near future (a short term prediction). If the value of gold goes the way you predicted your ‘gold futures contract’ secures you a large amount of profit but if it moves in the opposite direction you lose your investment.
Risk warning: Spreadbetting, CFD trading and Forex are leveraged. This means they can result in losses exceeding your original deposit. Ensure you understand the risks, seek independent financial advice if necessary. The value of shares and the income from them may go down as well as up. Nothing on this website constitutes a solicitation or recommendation to enter into any security or investment.