Frequently ask questions

Yes, there are various types of bullion gold available, including gold bars and gold coins. Gold bars are typically available in different weights and sizes, while gold coins often feature unique designs and are issued by government mints.

The price of bullion gold is primarily influenced by the spot price of gold in the global market, which is determined by factors such as supply and demand, economic conditions, geopolitical events, and investor sentiment.

Bullion gold is primarily valued based on its weight and purity, while numismatic gold coins carry additional value due to their rarity, historical significance, and condition. Numismatic gold coins often have a higher premium over the spot price compared to bullion gold.

Investing in bullion gold is often regarded as a means of diversifying one’s investment portfolio and hedging against economic uncertainties. However, like any investment, the value of bullion gold can fluctuate, and it’s essential to conduct thorough research and consider your individual financial goals and risk tolerance before making investment decisions.

While bullion gold holds intrinsic value, it is not widely accepted as a direct form of currency in day-to-day transactions. However, you can sell or exchange your bullion gold for fiat currency when needed through bullion dealers or other authorized platforms.

The tax treatment of bullion gold varies depending on your jurisdiction. It’s advisable to consult with a tax professional or research the specific regulations in your country to understand the tax implications of buying, selling, or holding bullion gold.