Gold coins are available in different denominations ranging from 1 gram to 50 grams and in different designs. If you are looking for a higher denomination, gold bars are available in increments of 100 grams and 1 kilogram. One-gram gold bars are usually the smallest sized ingots (. The premium for these bars is higher than that of other gold bars, since it takes almost as much effort to process this size as for a larger ingot.
The advantage of buying bars of this size is that small quantities can be easily liquidated. Bars denominated in ounces and fractional ounces are the most common in North America and around the world. The most common sized gold ingot available worldwide is the 1-ounce gold ingot. This is equivalent to approximately 31,105 grams of gold.
Fractional ounce gold bars are rare, but are available. However, the most popular sized gold bars are 1-ounce gold bars followed by 10-ounce gold bars. Most European precious metals refineries that produce gold ingots in gram denominations will also release 1-ounce gold ingots. These include Argor Heraeus and Valambi.
When should you invest in gold? Gold differs from other types of investment for several reasons, but mainly in the way it is acquired. While some assets can be purchased at the same time, such as a home or commercial property, gold must be purchased in increments. Investors usually choose to buy small amounts of gold or gold stocks over time to counteract price fluctuations. Choosing when to make your initial investment will depend entirely on the gold method you want to work with.
Monitor the value of gold and the price of several stocks to get a good idea of when to start.