Cheapest Physical Gold

Discussion in 'Gold' started by silverandcold, Apr 24, 2013.

  1. silverandcold

    silverandcold New Member

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    What's the cheapest form of physical gold to buy? Gold rings? 1 gram bars?
     
    silverandcold, Apr 24, 2013
    #1
  2. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Kilograms. ;)
     
    Eureka Moments, Apr 24, 2013
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  3. thatguy

    thatguy Active Member

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    400oz bars :p
     
    thatguy, Apr 24, 2013
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  4. radiobirdman

    radiobirdman Well-Known Member Silver Stacker

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    Nuggets
     
    radiobirdman, Apr 24, 2013
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  5. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    400oz bars.

    You can buy them for spot in London.
     
    Big A.D., Apr 24, 2013
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  6. silverandcold

    silverandcold New Member

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    Does anyone here invest in physical gold by purchasing gold jewelry?
     
    silverandcold, Apr 24, 2013
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  7. Eureka Moments

    Eureka Moments Well-Known Member Silver Stacker

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    Yes, I invested in a couple of wedding rings.

    Rather poor investments in my experience. :(
     
    Eureka Moments, Apr 24, 2013
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  8. goldpelican

    goldpelican Administrator Staff Member

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    I've got a chunky 18K necklace that was something like 2% over spot - about 2.7oz AGW. Basically count it as part of my stack. Wore it for a while but now it sits in storage.

    Not easy to get onto a deal like that though - perk of being in the trade. Generally bullion-priced jewellery is not available for investment purchase, and you need to have a good disposal avenue to guarantee you won't get ripped off with low scrap buy back offers. Much simpler to buy 1oz bars or coins.

    One benefit of jewellery though is you can wear it across borders without raising eyebrows. Rings are too light for practical movement of any meaningful amount of gold.
     
    goldpelican, Apr 24, 2013
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  9. Jislizard

    Jislizard Well-Known Member Silver Stacker

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    My wife buys gold rings, nasty premium on them though, still at least she is showing some interest.
     
    Jislizard, Apr 24, 2013
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  10. Caput Lupinum

    Caput Lupinum Well-Known Member Silver Stacker

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    haha so gangsta. Should have gotten one of those necklace plates made up "Stakr 4 Life"
     
    Caput Lupinum, Apr 24, 2013
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  11. alor

    alor Well-Known Member Silver Stacker

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    copper mine, hope oz(C.) look the other way :p
     
    alor, Apr 24, 2013
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  12. Syd888

    Syd888 New Member

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    Open a pawn shop and buy it from suckers for 30% of the real price.
     
    Syd888, Apr 25, 2013
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  13. Holdfast

    Holdfast Well-Known Member Silver Stacker

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    Never mind! :lol:
     
    Holdfast, Apr 25, 2013
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  14. systematic

    systematic Well-Known Member

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    Time. Just wait for a lower spot price .
     
    systematic, Apr 25, 2013
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  15. systematic

    systematic Well-Known Member

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    A half a million bucks each.
     
    systematic, Apr 25, 2013
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