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Precious Metal Weights

It’s always beneficial to receive a bit of memory refreshment on precious metal weights, as many long-term investors are now paying closer to attention to gold prices, while we all proceed blindly into an extremely cloudy economic future. Gold investments historically perform well during unstable economic times, since gold’s value increases during times when printed, or “fiat” currency values become speculative. The G-20 summit in Pittsburgh has yielded some harsh criticism toward our nation’s Federal Reserve, and its’ irresponsible practices and policies. This could mean more bad news for dollar values, so more and more investors are becoming educated on helpful investment nuances, like precious metal weights, so to make more educated investment choices.

The basic measure of precious metal weights is the Troy ounce, which represents one-twelfth of an ounce, as opposed to one-sixteenth of an ounce that we Americans use. The global gold market is based on the Troy ounce, as the all-familiar spot price is the cost of one Troy ounce of pure gold. The most basic form of investment-grade gold is the one-ounce, 24-Karat bullion bar. Household investors also purchase ten-ounce bars. Their prices are only slightly higher than the current spot price, and investors are advised to purchase only reputable brand names like Engelhard, Johnson Matthey, Credit Suisse, and PAMP Suisse, for purity and liquidity.

Bullion coins are another investment option, and their precious metal weights are fractionalized below one Troy ounce, to accommodate a greater range of budgets. For example, 22-Karat, American Eagle $50 bullion coins are also available in ½-ounce, ¼-ounce, and 1/10-ounces. Investors are encouraged to complete their research, and then to contact one of our friendly specialists, who offer institutional discounts to household investors like you.

John Burke

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