Have you been in search of a well-known & trustworthy company to provide help with your gold bullion purchasing choices in Algoma, Sudbury District and Greater Sudbury (Chelmsford), Ontario? Buying gold and silver is a great way to diversify your investment portfolio and add security as well. Being an investor you will have the opportunity to select between what sort of bullion you want to obtain. For example, some familiar types of bullion include; bars, rounds, and coins.
Bullion Bars/Wafers
Among the more popular methods of investing in gold & silver involves buying bars. The reason why many people prefer to acquire bars is because of how much bullion you are able to get for your dollar. For instance, a 1 kg bar would have a lower premium than a one hundred gram bar. So basically the smaller the bar, the greater the premium. If you compare the price of bars to coins, bars usually cost less.
One important thing to consider if you’re about to acquire large bullion bars, is that you make certain you’re buying from a well-established & dependable dealer. Unfortunately larger bars often have a reputation for being counterfeit.
Bullion Rounds
Rounds look similar to coins however they are very different in terms of their overall value. Similar to bars, rounds have a value that is determined by its precious metal content. Rounds are also similar to bars when it comes to size and premium pricing as well. Essentially the bigger the round the lower the premium. One major difference between rounds and coins is that rounds cannot be used as legal tender and don’t possess any face value.
Rounds are often found in silver and commonly produced in one ounce sizes. They can also be found in smaller fractional sizes as well.
Bullion Coins
Bullion coins are usually found in gold, silver, platinum and palladium. It is another preferred way among investors to acquire precious metals, as many consider them to be valuable collectors items. As opposed to rounds, coins can be used as legal tender in their country of origin.
Coins also have a different premium & spot price when compared with rounds. Coins which have been issued by the government will typically sell for a greater premium over spot price as well. That is usually a result of their higher demand and rarity.
When looking for an establishment to buy your bullion, one thing you need to keep in mind is that certain organizations specialise in coins while some are recognized for their bars. Once you have selected what type of bullion you would like to acquire, you should then begin looking for a company that specializes in what you’re looking to purchase.
Silver Gold Bull Canada
Silver Gold Bull is knowledgeable and reliable precious metals dealer situated in Canada, who is qualified to provide investors with all of the bullion options stated earlier and more. They are a very well-established company located in Calgary, Alberta and have been offering precious metals to investors for years.
Silver Gold Bull provides up-to-the-minute pricing and offers insurance on all deliveries along with tracking and signature authorization. All transactions and deliveries are secure and kept discreet. Silver Gold Bull does their best to keep all of your shipments confidential so that their contents remain unidentified.
To discover more info on Silver Gold Bull and how you can gain access to their catalog of precious metals, be sure to navigate here. Also, learn more about their price match program where Silver Gold Bull will match any other authorized bullion dealer on the market.