50 Interesting Facts About Gold

Gold is one of the best investment options. Instead of becoming a regular trader, you can start with gold bullion and hold it for sometime. Then, you can sell it and get the best prices. Gold is not the thing of today, it dates back to ancient times where noble people used to wear gold jewellery to make a mark. In those days gold was limited to higher society. It was often considered as a social status. But now, times has changed and gold has turned into a popular investment option. 

Well, we will not talk here about the gold bullion investment tips or how to buy gold coins online easily, this article will focus on 50 interesting facts about gold.

1. Greatest gold reserve is in ocean bed. We don't have any cost effective technology to mine billions of tons of gold in ocean bed.

2. Gold is the only metal which is present in every single continent. 

3. You can eat Gold. In many countries gold is used in tea and other foods.

4. Gold is present in human body and it helps in maintaining good health.

5. Gold is yellow in nature. Other metals attain yellow color through chemical activities such as oxidation.

6. Gold won't dissolve in acid and it won't react with moist air.

7. Gold is a noble metal. It is completely pure in its higher state and tasteless.

8. Gold's purity is measured in carats. 24 carat gold denotes 100% purity. Less than 24 carats means that other metals have been mixed with gold.

9. 100% pure gold is very soft. It can be molded with bare hands.

10. Most of world's gold come from South African mines. South Africa provided 500 tons of gold every year.

11. 78% of the mined gold goes to making gold jewellery.

12. Apart from gold investments, this is also used in various other applications like electronics, medical etc.

13. World's largest gold bars weighs 250 kg.

14. Olympic gold medals contain only 1.34% of gold.

15. Gold is limited in quantity and all the world's gold can be stored in 3 Olympic swimming pools.

16. Indian housewives hold 11% of world's gold.

17. Injecting gold into the body can fight cancer.

18. Your hair contains traces of gold.

19. Around 80% of world's gold is still buried underground.

20. India is world's largest consumer of gold.

Don't Get Duped - Things You Should Know Before Buying Silver Bars Online

Gold and silver are precious metals that are used extensively in making of jewellery items. There is no doubt that these jewelleries are great assets for anyone. But apart from being used in making of jewellery, gold and silver are also used for making investments for future. And the investments are made in the form of coins, bars, bullion or paper gold/silver. One of the main reasons of investing in gold and silver is that their valuations do not depreciate with time until and unless there is a dire global crisis. 

Buy buying silver or gold is not as easy as it seems. There are high chances of getting duped if you don’t buy these precious metals from the right places. In fact now many people buy silver UK from online stores.

Mentioned below are some tips which will help in buying silver safely online:

Understand the different kinds of silver bars available

Many people don’t even have the basic idea that silver bars come in different varieties. There are different forms in which silver bars for sale are available. Art bars and silver bullion bars are the two most common forms of silver bars. Bullion bars are plain bars in rectangular or triangular shape. On the other hand, art bars have different kinds of images and depictions made on the bars. These are mainly collectibles. 

Have some knowledge regarding the sizes of the silver bars

The sizes and weights of silver bars vary greatly from one another. It is personal choice as how much weight of a silver bar one wants to purchase. Smaller bars usually have higher premium per ounce due to the fabrication costs that are involved. Producing 100 ounce bars seems to be cost effective than making 10 ounce bars. Investors looking to invest in silver bars look for large sized bars.

Refrain from buying brand new silver bars 

Many people think that when they are using cash for silver purchase, they should buy the most glittery silver which has come directly from the mint or from wholesale companies that deal with these precious metals. Experts opine to refrain from buying such bars. Rather they recommend buying second hand silver bars. This is because the value of second hand bars is mainly for the silver content.

Buy silver from a trusted dealer

Whether you are looking to buy silver coins or silver bars, it is important that you choose the right dealer for the same. And you need to be extra careful when you are making the purchase online. There are many bullion dealers Birmingham, both online and offline who can help in making the right purchase of silver bars or coins for the purpose of investment. Do not get duped by dealers who offer extremely attractive deals. It is just a way to trap customers. 

Seeking help from experts and specialists for buying silver or other kinds of precious metals

If you are not very confident of buying silver or gold for investment online on your own, you can always seek assistance from experts. There are many companies and agencies which extend their help in this regard to interested customers. Find a suitable Bullion dealer UK and make your investment safely. If done in the right manner with immaculate planning, these investments always come with long-term positive results.