how do i buy gold bullions? they are not coins are they?

1 comment

in Other - Business & Finance

man w asked:


i asked yahoo earlier about how to invest and have money in my old age. someone advised me to buy gold bullions

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{ 1 comment }

I. B. Zoxx

Gold bullion is simply gold (in coin or bar form), where only the value of the gold is being considered and (in the case of coins), collectible value is not being considered.
Gold bars are usually slightly cheaper than coins because they have no collectible value and never will. I personally would stick with coins, because they can have collectible value and are generally easier to sell than bars.
Here is the web site price list of a major gold bullion dealer. Note that bars are slightly cheaper per troy ounce than coins:

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