How To Buy A Gold Bar

Table of contents:

How To Buy A Gold Bar
How To Buy A Gold Bar

Video: How To Buy A Gold Bar

Video: How To Buy A Gold Bar
Video: How and Where to Buy Gold Bars - Mike Maloney 2024, May
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Investing in gold bars is a time-honored means of preserving your savings. Gold has a high liquidity, and with the rise in world prices for precious metals, the ingot can generate income.

How to buy a gold bar
How to buy a gold bar

Instructions

Step 1

Choose a major bank that is licensed to sell bullion in precious metals. Get information from the bank on the weight nomenclature of gold (most often standard bars from 1 to 1000 g are offered).

Step 2

When buying a bullion, have a document proving your identity with you.

Step 3

Once you have selected an ingot of the correct weight, check its markings. According to modern federal regulations on precious metals, manufacturing plants must put on the ingot the inscription "RUSSIA", the trademark of the manufacturing enterprise and the code (number) of the gold bullion. The name and grade of the metal, the nominal mass and mass fraction of the precious metal available in the ingot in the samples should also be indicated. The ingot may bear the trademark of the customer (credit institution, etc.) or other symbols agreed with the manufacturer. It is also allowed to describe the details of the ingot in English.

Step 4

It's no secret that even the slightest damage can subsequently significantly reduce the price of the ingot. Therefore, think about the safety of gold. It is convenient and profitable to immediately agree with the bank on the services of safekeeping of precious metal ingots in a general bank or individual, leased for a certain period of time in a safe.

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