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Gold Bullion VS Gold Jewelry, Which One to Choose?

Anelis May by Anelis May
4 years ago
in Asia Trade
GTF Webinar, gold bullion, gold investing

Gold is a precious metal that is very valuable since ancient times and has been known in various parts of the world as a symbol of wealth.

This can happen because gold has a very limited supply, is not easily corroded like other metals, and can be used as jewelry.

One of the benefits of gold that is widely used in the world.

The problem is gold in the form of jewelry is not a very good investment. When the gold jewelry is sold, usually the price you will get is far below the purchase price.

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How about gold bullion?

To be clearer, here are some important considerations that need to be considered when buying gold bullion or gold jewelry.

Gold Purity Level

Karatis a measure to determine the grade or percentage of gold in your jewelry. The higher the carat, it means the greater the gold content in it and the more expensive the price.

Gold with a content of 24K indicates that the jewelry is pure gold without any other metal alloys.

Whereas 18K gold contains 18 parts of gold and 6 parts of additional metals.

Size of Gold Purchased

When you intend to buy gold as an investment, we recommend that you buy it in a small and not too large size.

This is useful for maintaining liquidity so that it is easier to find when needed. Choose gold bars with sizes of 5 grams, 10 grams, and 25 grams.

Pay attention to the certificate.

Make sure you buy gold in a trusted place like Pegadaian or Antam.

Purchased gold bullion usually comes with a certification indicating gold grade and authenticity.

This certificate also guarantees that the resale price of gold that is owned can be higher.

Choose Gold Bullion Or Gold Jewelry?

If you buy gold as an investment so that its value will increase in the long run, then we prefer to buy gold bullion.

Choose gold bullion that are certified and have a purity of 99,999%.

However, if you want to buy gold to enhance your appearance, then gold jewelry can be chosen.

Remember that when selling gold jewelery, the cost of making the jewelry will not be taken into account by the buyer. This is what causes the selling price of gold jewelry to tend to decline.

 

Anelis May

Anelis May

I love all types of content. Financial news is my specialty though. Full time writer about Financial news, economics, market trends, politics enthusiast and more.

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