Question by G S: When buyin gold for investment purposes is a gram of gold flakes worth the same as a gram of of gold in coin?
I am trying to find out if buying gold flakes or gold wire is worth it, whether it is the same as buying the equivalent in a gold coin etc. I have a chance to buy an ounce in gold flakes and I am trying to find out what it is worth. Being that an ounce of gold is going for about a thousand. Any help would be greatly appreciated.
Best answer:
Answer by blackknight2099
lol i dont think gold flakes are a smart way to go...it's for eating...not something that i think will be very popular...hm maybe 1% of the population will eat gold flakes...i mean comon lol
What do you think? Answer below!
{ 4 comments… read them below or add one }
Gold coins are worth more because they are relics but they are hardly ever pure And if you live in Tasmainia i know a place were can mine about 2 ounces of gold a day
An ounce of gold if an ounce of gold–flakes or wire.
An ounce is an ounce – but coins are easier to buy and sell, they are the standard.
Aside from that – now is not the time to be buying gold.
ehh re:gold … 28 oz of pure 24k gold is probably worth close to a thousand bucks currently however you melt it
but know logic would say this is a seller’s market … however there are some who think it may rise to 6 or 8k $ … i dunno
gold is a great substitute for old fashioned swiss banking, if you have a good place to hide it, that no one knows of
only other options are diamonds (worthless really but … another story) .. and coltan … then ur other precious metals
when buying gold, i personally say go for maple leafs or swiss rectangles lol .. the other coins are mixed with junk metals .. krugerands, american eagles etc