Gold - Favorite investment option in tough times
Gold buying has been a historical investment avenue. Gold has fascinated humankind since it was discovered. Gold is considered to be the most noble of all metals. It retains luster for very long time and does not tarnish on exposure to the elements as other metals.
Bullion coins gold is one way of buying gold. Bullion means a refined and stamped weight of precious metal like gold. Bullion comes in two forms: bullion coins or ingots (bars). Gold coins weight less which makes them easier and cheaper than bars to trade. For this reason, gold coins are very popular with retail investors.
Gold is a soft metallic substance and cannot be molded into a hard coin without the addition of another metal. Gold bullion coins are measured by weight in troy ounces. The troy ounce value measures the amount of pure gold in a gold bullion coin. The troy ounce weight of a coin is always less than from the coins actual weight. Among one-ounce gold coins, the American Eagle is the most commonly traded.
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