10 oz. Gold Bars are golden bars of varying purity, all containing 10 troy ounces of gold. They are used as a means of storing wealth used by governments, firms and individual investors alike. They are manufactured by a number of private companies, each attributing a bar that is identical in its basest of characteristics. Bars are formed in their readily recognizable shape to make their storage easier. Because they are flat, they can easily be stacked. Gold bars maintain a fineness of at least 99.9% purity.
Why Buy 10 oz. Gold Bars?
The fact that there is very little numismatic value associated with most gold bars means that they trade closer to the global spot price than coins. This will not only aid in buying the bars, as you will not pay a large premium over the spot price of gold, but it will help if you ever choose to sell your bars. This is because the bars are valued for their gold content alone. Your investment will enjoy high liquidity over its lifetime in addition to being reliable store of wealth. Its history of acting as a relatively stable means of investment has made it historically popular. Buying gold aids in hedging against decline in the real value of assets. There will always be a market for gold.
Invest in Gold Now!
Recent global events have shaken investor confidence in securities traditionally thought to hedge against economic turbulence. In light of the debt crises the world now faces, many investors are turning to an even more steadfast investment: gold. Global gold prices have recently experienced an upsurge in price levels, making the choice of global investors apparent. Call Gainesville Coins at 813.482.9300 today, and let us help you invest in 10 ounce gold bars.