What Is Price Of Gold Today Per Ounce Per Gram

What price is gold today? Gold bullion price for investor per ounce can be seen with the live chart above. If you are keen on investing in precious metals, it is always a good idea to research on the volatility, not to mention future policies by governments all over the world.

At the time of writing, current gold price made a record high of USD1800 per ounce. A new world record, but to adjust according to inflation, it is still USD600 off the 1980′s high. This is good news for potential investor as there is still room for capital gains.

Do And Do Not When Buying Gold

How to by gold? Buying spot gold is an issue, however, selling gold bars to another goldsmith which sold you the gold is a bigger problem. Most goldsmith reluctant to accept gold not sold by them for fear of accepting fake gold bars.

What Is Price Of Gold Today Per Ounce

Yes, fake gold bars are usually stuffed with tungsten bars. Tungsten bars has the same weight as gold, therefore fake gold is usually coated with a layer of real gold with the inner core made of tungsten. The only way to find out is to break the gold bar into half.

Tungsten has exactly the same density as gold, to three decimal places. so there would be no difference in weight just add a outer surface of real gold and there you have a perfect inside job!

What do you think of this post? (Please vote, no registration required)

Interesting (0) Useful (0) Boring (0) A waste of my time (0)