Is Buying A Tiny Gold Bar Smart?

Many experts will tell you that buying a 1 gram gold bar is not the way to go if you are serious about investing

. However, there is a growing number of experts who believe that buying small gold bars is a good way to get into the gold market without making huge, upfront investments.

Small gold bars are what many people buy to give as gifts to friends and family members. These 1 gram gold bars are more popular than buying the same weight gold coins. One factor is the mark up, because the price difference between a 1 gram gold bar and a similarly weighted gold coin can be as much as $40 an ounce.

But small gold bars are still relatively cheap in price which is what makes them a great gift, and since they are small, they can be shipped easily. Because they are less expensive and can be exchanged easily they offer an entry level to investing that many people will appreciate.

People invest in gold for a number of reasons, including as a way to hedge against inflation, or as a hedge against the declining dollar.

Many put their money into gold in times of political or financial market instability.

Still, many like the fact that gold prices are based on supply and demand.

Gold nearly always maintains its value and is a great way to diversify your portfolio. And using 1 gram gold bars is a great way to introduce yourself or friends to this form of investing. Regular and safe savings can then become a way of life.

The price of gold is determined by inflation, fluctuations in the dollar and the stock market. Gold prices are also affected by:"world money crises, "volatility in the interest rate, "changes in commodity prices and"world-wide government instability. Consumer spending also plays a part in price change for gold, too. Yet another reason why investors favor gold over other precious metals is that gold is produced mainly for accumulation, while other metals draw their worth from industrial application.To put it simply, gold is money, no matter where you live on earth.1 gram gold bars can also be put into an IRA account (individual retirement account). However, this can only be done with accounts that accept physical gold and silver, so it is necessary to contact your bank or broker before attempting to do this.Whichever way you go, starting small and working up is a great way to begin building or supplementing your portfolio ((an appropriate mix or collection of investments).www.1gramgoldbar.comby: Norbert Zuendorf

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