ArticleE Directory » Finance » Investing » How can I invest in Gold?



    German Spanish Portuguese French Italian Russian Japanese Korean Traditional Chinese Simplified Chinese

How can I invest in Gold?




Golden Coins
------------
Gold coins are one of the oldest forms of money. The first gold coins
in history were coined by the Lydian king Croesus in about 560 BC, not
long after the first silver coins were minted by king Pheidon of Argos
in about 700 BC. Gold coins then had a very long period as a primary
form of money, only falling into disuse in the early 20th century.
Most of the world stopped making gold coins as currency by 1933.
However, gold-colored coins (not made of real gold, Bullion coins))
have made a comeback in many currencies. Many countries, including
the entire European Union states exempt invested gold from VAT (Value
Added Tax). There are many forms of gold investment, the two most
famous being gold bars and bullion coins.

Gold Bars
----------
Gold bars are classified into two different types, cast and minted,
based on their method of manufacturing1. Cast bars are made by
pouring molten gold into an ingot mold to help the gold to take a
form. Minted bars are made from gold blanks that have been hand cut
to the required dimensions from a flat piece of gold. Markings are
almost always applied by presses. ChipGold is a relatively new form
of gold bar consisting of a small ingot (1-20 grams) in a sealed and
certified package the size of a credit card. One troy ounce =
31.1034768 grams. Thus if gold was at US $600 per ounce, a gold gram
would be worth just under US $20.

Bullion Coins
-------------
As an investor, you can choose from the many bullion coins offered by
many governments. These coins, are a legal tender of the government
that issues them. As an investor, the value for your is in how much
gold that coin contains with the extra mark-up that might exist for
such coin.

Article Source: ArticleE Directory



About the Author

For more information concerning gold investment, real time gold exchange rates, articles, news, gold games and the official list to where gold can be bought, visit us at Gold Land USA @ Gold Land USA for more Gold Investment Information


View PDF | Print View
by: LuatTranVan Total views: 86 Word Count: 336 Date: Mon, 21 Jan 2008 Time: 3:46 PM 0 comments




Copy and Paste Article Code.



Rating: Not yet rated



Comments

No comments posted.

Add Comment


Enter the code shown

Visual CAPTCHA





More articles in this Category

How is gold affected by inflation over period of times?

Better Trades Momentum Part 1

6 Reasons To Use Liquifiers To Liquidate Excess Merchandise

Making Money On The Trends with Better Trades

Make money with MetaTrader 4

LIFESTYLE TRICKS TO LIMITING YOUR TRADING TIME

Some Words About Online Investment

Finding a System to Day Trade the Futures Market

Increase Your Trading Profits Using Better Trades

"If it ain't broke, don't fix it"

The biggest risk in mineral exploration: Dilution

Find the Pattern with Better Trades

Dancing With A Gorilla for Better Trades

Charting Patterns that Show You the Money!

BALLON STRANGLES, A BETTER TRADES STRATEGY










Stats

    Total Category: 119
    Total articles: 2534
    Total authors: 15909
    10 users online.

.