Roth IRA Gold Coins

How Much Is A Gram Of Gold Worth?

Gold, since time immemorial, is the material most desired by all human beings . So much so that, over time, it was used to mint the circulation coins of practically all the countries in the world. However, since this system ceased to be functional, it began to be stored in banks with the purpose of serving as collateral for the money that circulated in a certain territory.

This system was in force until not too long ago. In fact, it was the various economic crises experienced in recent decades that led to its abandonment . However, gold has not ceased to be extremely coveted by investors . And it is that, in times of difficulty, it is a refuge value whose price has been rising for many years and whose decreases are minimal.

The reality is that if you are looking for a safe element in which to invest your savings to obtain a good investment, you are interested in buying gold . However, there are quite a few things that you should keep in mind. For this reason, on this occasion, we are going to explain to you how much a gram of gold is worth, which is the standardized unit used for its sale, and other related issues that will be very useful for you.

How Much Does a Gram of Gold Cost?

There are several types of gold , as you well know. This, in general, is determined based on its purity, which is expressed in carats. Next, we are going to explain what percentage of purity corresponds to each one:

  • 24 carats : 100% purity
  • 22 carats : 91.7% purity
  • 21.6 carats : 90% purity
  • 18 carats : 75% purity
  • 14 carats : 58.5% purity
  • 12 carats : 50% purity
  • 10 carats : 41.7% purity
  • 9 carats : 37.5% purity
  • 8 carats : 33.3% purity

In addition, in order to guarantee that the gram of gold you have bought has the amount of carats and, consequently, the purity that you have been promised, you must pay attention to the code it displays. For example, 24-karat gold must be marked 999 , while 18-karat gold must be marked 750. In the world of jewelry, this number is often stamped on the reverse.

Another relevant aspect is the way in which gold is presented. In this sense, the one that is listed on the stock market must necessarily be in coins or ingots, which are the two most important formats. Likewise, when gold is found in jewelry, its price is lower . This is mainly due to the fact that it is considered ‘snatched’ from the stock market and that, in many cases, it is very difficult to determine its complete authenticity, so buyers tend to make low offers.

In addition, it is presumable that the gold used in jewelry has been melted down and subjected to various goldsmith works that have damaged its intrinsic qualities, so its value must also be less than that used in the Stock Market, which is kept purer and less manufactured.

In any case, since the fluctuations in the price are minimal at the moment and that the gold is quite stabilized , we can say that, approximately, that a gram of gold is worth depending on the carats that the following possesses:

  • 24 carat gold € 54.23 / g
  • 22 carat gold € 49.73 / g
  • 21.6 carat gold € 48.81 / g
  • 18-carat gold € 40.67 / g
  • 14 carat gold € 31.72 / g
  • 12 carat gold € 27.12 / g
  • 10 carat gold € 22.61 / g
  • 9 carat gold € 20.34 / g
  • 8 carat gold € 18.06 / g

Remember that, when elucidating how much is a gram of gold, you must take into account that these values ​​are approximate since they can fluctuate every day . However, they will be very useful to get an idea about your investment possibilities based on the capital you currently have.

How Much is a Gram of Gold Currently?

This is a rather difficult question to discern since the price of gold is variable . In fact, its value is listed on the stock market, so if you want to know it instantly, you have to go to a website that offers live results . In fact, the price varies every second, although it is true that, in Spain, an average daily value is used to determine how much a gram of gold costs .

On the other hand, you have to take into account that the gold that is traded on the stock market and based on which the price of the gram is established is 24-carat gold , that is, the one that has 100% purity in its composition. This, in addition, is taken as a reference to determine the value of the rest. However, you must also take into account that, despite this role of reference for 24-carat gold, the most commercialized paper both in Spain and in most countries in the world is 18-carat gold.

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Always Use Trusted Sites

Now that you know approximately how much a gram of gold is worth, we want to remind you that whenever you want to invest in this metal, you should do it in places that offer you the highest degree of confidence, since scams abound in this world. In this sense, at Drachma Metales de Inversión we can be of great help to find gold bars and gold coins that allow you to get the most out of your savings and your investment .

Likewise, in times of economic prosperity, it does not hurt to have gold in your possession. And it is that, since this metal tends to be constantly revalued and that the increases it experiences are especially visible during times of crisis, they are a safe value in your portfolio . In fact, they offer peace of mind and a much lower risk than any banking product that they can offer you. Therefore, it is not surprising that more and more people turn to it.

 

What Are Some Popular Ways To Invest In Gold?

Gold is the most traded precious metal in the world . Although it is very true that gold is not currently the currency in circulation, in the field of finance, it is one of the means of obtaining a safe investment . However, why should you invest in gold? How to do it? Discover, below, how to invest in gold – Complete Guide.

Why invest in gold?

Gold is a safe haven investment. Due to the instability of the financial markets, it is necessary to know a safe option in which the money can be invested . Learn about 5 reasons why investing in gold is the best decision:

  1. The value of gold increases over the years : This metal is considered the most valuable metal. Although it has not always risen as expected, it has never fallen in value , as in the case of other financial media.
  2. It is a respected metal : Gold is considered an essential asset in the investment portfolio. Even when it comes to giving stability to any investment portfolio, large companies prefer to invest in gold .
  3. Does not suffer from geopolitical crises : Many investors are concerned about the risks of devaluation of their country’s currency. Investing in gold is a way to keep money safe, because its value is maintained, even when there are ups and downs in the country’s political sphere.
  4. Works against inflation : As the cost of living increases, the value of gold does too . There is no reason to worry about the return on investment.
  5. Its availability increases its value : The gold production process is quite slow , for this reason, the demand for this metal will always exceed its availability . Investing in gold is one of the best decisions, because the price will always increase considerably.

These are just 5 reasons why investing your money in gold symbolizes a sure profit. Now the serious question, what are the ways to invest in gold?

Ways to invest in gold

Beyond knowing that gold is an investment medium that provides great benefits in the revaluation of your money , it is necessary to know how to invest. Let us explain the ways to invest in gold.

Invest in physical gold

Worldwide, the purchase of physical gold is everyone’s favorite. Experts have recommended this way of investing to anyone who wants to be able to take advantage of investing in the long term. It is a type of investment that does not run any risk of loss . The purchase of physical gold can be done as follows:

  • Gold bars : The purchase of gold bars is quite beneficial for anyone who wants to invest their money. The more weight the ingot has, the lower the price you will have to pay for it.
  • Gold coins : Represents a safer investment . The characteristics of gold coins are very different from ingots, both in their diameter, gross weight, net weight, width, and design. In addition, to having a value for being gold, many of these coins are considered collector’s items, so their value increases.

Invest in gold through investment funds

This is a slightly more speculative investment option. The similarity of the physical gold price varies a bit, with the cost of shares being higher. This method is based on investing in companies that are dedicated to the extraction of gold , in such a way that the profits will depend on several factors such as: the quality, quantity, location of the mines. So it is important to know well the company in which you plan to buy the shares. Consider the management of the company, balance sheets and operations.

Invest in gold through CFDs

CFDs on gold or contracts for difference allow you to take advantage of the current price of gold . And, in this case, you will not have to deal with storage or insurance tasks. You can invest in contracts for difference (CFDs) and thus increase your profits with only a small initial investment deposit . The only detail of this type of investment is that the margin of possibilities of increasing your profits is the same as that of your losses.

Invest in gold through ETFs

If you want to see short-term investment results , investing in gold through ETFs is your most viable option. This investment method is safe, even when stock and bond prices fall .

Currently, investing in gold is the safest method of protecting your assets . Regardless of the method you use, the results and benefits will always increase.…

How Much Is A Gold And Silver Ingot Worth?

If you are interested in the gold and silver bullion market and want to enter this world, certain doubts may arise. Some of them may have to do with the value of these products. If you want to have an idea of ​​how to know the prices of gold and silver bars and how these prices are set, keep reading this article in which we will talk about how much is a gold and silver bar worth?

How much is a gold bar worth?

The smallest are the 1 gram gold bars , whose presentation on the market is marketed for gifts and gifts, and those that end up being, in proportion, the most expensive. Since these bars of one gram, which are usually presented in plastic wrap, cost at least two times more than the real value of what they contain in gold .

On the other hand, there are the Good Delivery gold bars with the standard measure of 400 ounces, with which real-time purchase and sale transactions are made and the operations of the New York Comex. The gold price that is published in the media and on the charts is the result of these transactions and operations.

Gold has become a safe value to invest . That is why there are more savers who bet on gold bars, a metal that is listed on the London Stock Exchange . At the moment, an ounce of gold is at €1,071.72, and although the price may vary over time, in general , gold maintains its value .

The real price of gold results from its price on the stock market, which fluctuates according to the market and is shared in the countries of the Euro zone. It should be noted that this price refers to pure gold, 24K. However, in Spain 18K is more common.

To know the price of gold you have to take into account the carats and the weight of the piece. The weight of gold bars is measured in troy ounces which is equivalent to 31.1034768g. Taking into account the grams of gold that we have and reviewing the price at the time of the gold price, it is calculated with a rule of three what is the value of the piece according to the carats .

How much is a silver bar worth?

Like gold bars, there are silver bars of various shapes and sizes . And likewise, the larger the unit purchased, the better. Since buying a large unit means saving money, since each ounce of the ingot is cheaper.

The most expensive end of the silver bars are the minuscule units of one or five grams , as they have a price that is seven or eight times more expensive than the cost of their silver content . On the other hand, there are the thousand troy ounce Good Delivery bars . The spot price of silver is obtained from the purchase and sale transactions in the professional market of these bars. Trading such bars guarantees investors low prices and higher quality. Also, the small bars for retail investment come from these large thousand ounce bars, they are only melted down and create smaller sized pieces.

Small silver bars are expensive because they have to cover the extra cost of production , as well as the cost of distribution to the retailer. This means that the buyer ends up paying much more than the spot price of silver.

One ounce silver bars are usually cheaper than one ounce silver coins. But the difference between the purchase price and the sale price, that is, the spread , is still ten or more percent. Even on large purchases, say ten five hundred ounce bars, the spread exceeds 4%.

With silver, an additional cost must be taken into account, the sales tax . While gold bars do not have this tax in the European Union, silver bars do have VAT . This VAT is charged in the United Kingdom at 20%, being paid by the buyer and without individuals being able to claim it when selling the silver. This causes the spread to widen until it almost reaches 30% or more for those who buy small silver bars. However, due to London’s role in the global market, Good Delivery silver bars are exempt from VAT if they remain within the circuit, in accredited vaults that are operated by members of this market.…

Everything There is to Know About Ounce of Gold

In the current economic situation where the red numbers are one of the main protagonists in the stock markets and the profitability of money is not at its best , investing in gold appears as an interesting alternative to protect savings . Investing in gold is a mechanism for investment diversification, a way of conserving capital in the form of a tangible physical medium.

In order to start taking the first steps in the world of investing in this precious metal, it is necessary to be clear about some important concepts . The units of measurement, the existing investment possibilities, etc., are some concepts that must be evaluated in order to get the most out of the world of gold.

What is the weight of an ounce of gold?

The weight of an ounce of gold in grams is 31.1034768 grams.

What is the price of an ounce of gold?

Currently, an ounce of gold is trading at €1,686.86

What is the value of a gram of gold?

Currently the value of a gram of pure gold is €54.24

How much does a 24 carat gold bar weigh?

The most common 24 carat Good Delivery ingot weights are: 2 gr, 5 gr, 10 gr, 20 gr, 50 gr, 100 gr, 250 gr, 500 gr and 1000 gr

Ounce or troy ounce

The troy ounce is the name given to the imperial measure used to measure the mass of gold and, in general, of precious metals. It is used to set the price of gold in the market , both in dollars and in euros, this is the measure used to set the price of this metal. It is important not to confuse the concept of a common ounce with that of a troy ounce, which is only used to measure the purchase and sale of precious metals such as gold. The equivalence of the troy ounce with the units of measurement of the international system is one troy ounce equals 31.1 grams , that is, there are 32.15 troy ounces in a kilo of mass of a certain metal.

This way of measuring the mass of precious metals comes from the monetary system used in ancient Rome . The Romans used bronze bars of various weights as currency. Thus, a serious aes was the equivalent to the current pound and a twelfth part of this was the uncia or ounce. Subsequently, an ounce was renamed as one sixteenth of a pound, also known as an avoirdupois ounce . In these changes, the troy ounce has been maintained to measure the weight of heavy metals with the intention of preserving the purity standards of these materials. The troy ounce is 10% heavier than the avoirdupois ounce which is used in the United States.

Gold ounce price evolution

One of the most important moments in history in terms of the price of gold occurred in 1980 when an ounce of this metal reached a value of $850 . The inflation produced worldwide caused this price to fall until the year 2000 when a change in this trend was observed.

As usual, those resources that are scarcer in nature are the ones that are more expensive, they are those whose price becomes higher. The demand for gold skyrocketed and its scarcity of deposits led to an increase in its price .

In 2012, the price of an ounce of gold was around 1,050 dollars . In 2016, there was a rise in the gold ounce price of about 15%, reaching a price per ounce of $1,200 . As a general rule, the value of an ounce of gold grows between 100 and 150 dollars, an aspect that shows how attractive investments in this metal are as a method of protecting savings.

Gold is not affected by deflation or inflation, which makes the risk in this type of investment close to zero compared to dynamic investments. This, together with the increasing gold ounce price over the years, makes more and more people interested in this savings alternative.

Some alternatives to invest in gold

There are various options available in the market to be able to take part in this form of investment . Some of them are:

Physical purchases of gold . It is the option used by individual investors around the world. It is the ideal method for long-term investors who do not want to take risks.

Through ETFs. It is the way used by short-term investors who want to protect their portfolio when stock or bond prices fall. In this case, metal is used as the underlying, replicating its behavior.

Investment funds. These products invest in companies engaged in the gold mining business . It is a more speculative option.

Certificates and warrants. Certificates are publicly traded products that replicate the price of a commodity .…

Where to Buy Gold in the Most Simple Way Possible?

Money is the engine that moves the world and we all need to have it to achieve anything : our hobbies, hobbies, food, a house… Money moves everything! So, it is very important, for all people, to be able to get a good amount of money to live the rhythm of life that everyone deserves. But many times, that money remains stored in a drawer or in the bank checking account and we do not know how to use it to obtain profitability .

We live in a society that squeezes us at all times to get the best out of us and throw it away. A world that forces us to quickly consume all the goods to be able to enjoy a way of life that they themselves sell us. For this, it is important to get a good job, with good hours and good pay, and raise our standard of living much more.

Although this sounds a bit crude, the truth is that it is so. Money is the engine that moves the world and we all need to have it to achieve anything : our hobbies, hobbies, food, a house… Money moves everything! So, it is very important, for all people, to be able to get a good amount of money to live the rhythm of life that everyone deserves. But many times, that money remains stored in a drawer or in the bank checking account and we do not know how to use it to obtain profitability .

Well, that’s over. Today we have come to give you an alternative to checking accounts and to make your money profitable with a simple investment: buy gold . Although it may seem silly, gold is the only material that has not lost value over the years and will not lose it in a few years, so it is a safe investment. In addition, many of the pieces that are sold in our establishment are historical coins or ingots that are priceless for a collector, and that will continue to gain value over the years.

Therefore, in today’s article, we are going to see which are the best places to buy gold so that the price is cheaper . But before that, it is important that you know some factors to take into account before buying gold in any establishment

Factors to consider before buying gold

Obviously, before buying gold you must take into account some factors so that your choice is the most correct and the most optimal for your interests. Therefore, we are going to see four factors that are key when making the decision of where to buy gold.

First of all, the first factor that you should consider is security . In other words, the security with which the operation is carried out from start to finish and that the way in which the gold is sent to your home is secure , once you have already paid for it. It is important that the company assures you security because we are talking about very large investments and very valuable material.

The second factor that you should take into account before knowing where to buy gold is to get the highest possible valuation . Depending on the company you go to, the gold appraisal will suffer different variations, for this reason you should go to the one that offers you a better price for your interests. Our advice is to search different companies until you find the one that offers you a better appraisal.

The professionalism of the company is also a very important factor to take into account , since, in recent years, this world has suffered a very large labor intrusion by people who are not specialized in the sector. To know the professionalism of a company, our advice is to look at its age and all the tradition it has in the sector.

Finally, the fourth aspect to take into account is confidentiality . For example, in our case, the offices are located far from the gaze of the curious, in an office building that allows us to operate discreetly. You will surely appreciate it!

Where to buy gold

Now that you know all the important factors to know how to buy gold, it’s time to see where. The truth is that there are many places where you can do it but none combines tradition and avant-garde like us to buy gold .

In fact, if you take a walk through our website, you will be able to find a series of metals, both gold and silver, that are available to any of our clients who want to buy them . Our company has been dedicated to the world of gold sales for many years , which is why we have managed to offer a very complete service that seeks the best for our clients. In this way, we combine confidentiality, professionalism, maximum appraisal and security in the sales process so that you do not have to worry about anything during the duration of the transaction.

In addition to having a physical store where you can come and see all the objects in person , we also have a web catalog where you can see all the metals that we currently have at our disposal. The truth is that, today, there is no other online store that combines a catalogue, experience and personalized services for its customers so well . And it is that on our website you can find gold and silver coins and silver and gold ingots . In addition, we also offer a gold buying service for all people interested in selling theirs.

In short, buying gold is an investment that can be made in different places but you must keep in mind all the factors that we have told you about before so that the purchase is safe, since we are talking about a much larger amount of money than expected. usual. The main advantage of this type of investment is that it will not lose profitability over time and will always maintain a similar value . So now you know, if you are interested in buying gold, do not hesitate to approach us to ask about the rates or to ask any questions you may have , and we will be happy to answer them without any kind of commitment.