Part 2, by Palos Verdes Coin Exchange
Why buy gold? Why do people buy bullion? Good questions! This is the second in a three article series explaining some unbiased information about gold, silver, and other bullion from PV Coin Exchange. It is not, nor should it ever be considered investment advice.
Why buy Gold Bullion or other Bullion for Sale?
We always have a great variety of bullion available at our Palos Verdes bullion shop, from gold bars and coins, to silver bars and coins, and even a variety of platinum and palladium. We get questions about buying bullion all the time, so we thought we’d address some here so you can take some time educating yourself and use our information as a basis for your own research. We hope you find this information about buying bullion helpful.
Gold Bullion
Everyone knows about gold and gold bullion. It is and always has been in significant demand. The price of bullion (like gold) is driven by supply and demand. At the time of this writing, demand for gold bullion places the price for a pure ounce at about $1,650. That will go up or down depending on tomorrow’s demand. If fewer people want to buy gold tomorrow, the price will go down a little bit. If more people want to buy gold tomorrow, the price will go up, reflecting the increased demand.
So those are the basics of buying gold. When it comes to actually buying and selling gold, you have many options. Next, we’ll address what kind of gold is right for you.
Look for another article about buying gold next week from PV Coin Exchange.
If you have questions please call or come in: 310 750 6951.
