Sunday, April 14, 2024

Why Buy 1 Gram Gold Bars?

Why Buy 1 Gram Gold Bars?

This is a question that most investors often ask: why should I buy 1 gram gold bar? With the rise of the value of gold in recent days, many investors do not know precisely which type of gold product they should turn to. Is it gold jewelry, gold bracelet, quarter gold, republic gold, or 1 gram gold bars? If you are going to start an investment in gold, we often advise our clients to invest in physical gold – gold bars, gold ingots, and gold nuggets. Instead of buying jewelry, gold bars have the advantage that you can easily sell them.

Why shouldn’t you buy gold jewelry?

Gold traders sell gold jewelry based only on the gold rate and the grams it contains. If both the manufacturer and seller are to make any profits, the craftsman has to add on the workmanship profits. However, the 1-gram gold bar only goes through a melting and purification process. In addition, it contains more carats of gold than gold jewelry. This means when you buy one, you will get hold of pure gold that you can easily sell later. In reality, the labor fee that you pay while buying your gold jewelry becomes obsolete when you later decide to sell the jewelry.

For that reason, we recommend that you buy the 1 gram gold bar

When investing in gold, you should avoid products that have workmanship costs. Jewelry with filigree craftsmanship, earrings, necklaces, and bracelets does have high labor costs incurred in their production. Instead, you should buy a 24-karat 1-gram gold bar with zero workmanship. This piece is very easy to sell later. You can buy this high-quality physical gold from our shops in Kampala. Come to Kampala today or simply contact us online.

We sell 1 gram gold bars in all quantities

You will find them in units of half a gram, 1 gram, 10 gram, 100grams, 500 grams, 750grams, and pound nuggets. We sell the purest and the highest quality gold sourced from the Democratic Republic of Congo and Uganda. Come to Kampala today or visit our shop in Nairobi for a chance to buy gold at the most affordable rates. Contact us for more details.

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