Why invest in Gold Bullion?
Investors buy gold bullion defending their wealth and offering a "safe haven" in anxious or unsure periods. This attraction to buy gold bullion continues to hold the attention of today’s investors, while there are in addition a few other motives that support the extensive rekindling of investor attention to buy gold.
Physical Gold bullion as a Safe haven
In anxious or unsure periods, there is characteristically a "flight to quality" as people search to look after their capital by rearranging it into assets thought to be safer stores of value. Physical Gold Bullion is one of a small selection of financial assets that does not depend on a suppliers pledge to pay, this provides a safe haven from ‘failure to pay’ risk. To buy gold bullion gives insurance against severe changes that regularly happen in the value of conventional asset types during unsure times.
Price of Gold Bullion
Physical gold bullion is measured by troy weight or by grams. Often alloyed with other metals, the term carat or karat is used to show the quantity of gold in the alloy. 24 carats is pure gold and lower rates relatively less. The purity of gold bars or coins is also be shown as a decimal figure ranging from 0 to 1, known as the millesimal fineness, such as 0.995 being extremely pure. London good delivery gold bars are acceptable at .995 but with recent advancements in electrolytic refining, it has become commercially economic to produce .9999 fine gold bullion.
The price of gold bullion is established via trading in the gold and derivatives markets, however a method recognised as the Gold Fixing, initiated in London in September 1919, offers a daily benchmark price to the world. The afternoon fixing was set up in 1968 to supply a price when US markets are open.
You can monitor the price of gold today on our price of gold section where we provide graphs of the price of gold over various periods.
Gold Coins: Gold Sovereign coins & Krugerrand coins
GoldMadeSimple also makes buying gold coins easy such as gold Sovereign coins, gold Krugerrands and gold Maple Leaf coins. There are a range of sizes to choose from such as 1/2oz and 1oz.
GoldMadeSimple is supplied by Baird Gold
Our main supplier is Baird & Co Ltd. They are well established bullion merchants based in London with over 40 years of experience. Baird gold bullion is guaranteed by the London Bullion Market Association (LBMA).
Price of Gold iPhone app
We will also shortly be providing a Price of Gold iPhone app in due course. It is expected sometime during 2010. This will allow you to monitor the price of gold bullion on your iPhone in USD, AUS $, Euro & UK£ Pounds.
Price of Gold iGoogle Gadget
In 2010, Gold Made Simple will be bringing you a Price of Gold iGoogle Gadget which will allow you to display price of gold charts on your iGoogle Home Page in USD, Euro & UK£ Pounds.
buy gold bullion defending their wealth and offering a "safe haven" in anxious or unsure periods. This attraction to buy gold bullion continues to hold the attention of today’s investors, while there are in addition a few other motives that support the extensive rekindling of investor attention to buy gold bullion.