Does Size Matter? - How To Invest In Gold

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3 жыл бұрын

In this episode of our "How To Invest In Gold" series, Michael discusses the various sizes of gold that you can invest in and the pros and cons of both. This video is perfect for beginners. Questions? Visit www.bullionnow.com.au to find our contact details, we'd be more than happy to help you.
Throughout our How To Invest In Gold series, will be answering the most frequently asked questions on how to invest in gold and silver, plus the other precious metals too.
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Need to buy gold or silver in Melbourne, Australia? Come see Bullion Now for all your gold and silver bar and coin needs, now located right in the heartof the city! Need something a bit more special? Little Coin Shop has you covered with the best collection of collector's items!
And if you need to sell gold, silver or other precious metals... we pay 100% of spot price. To our knowledge, that's the best in the business.
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Пікірлер: 161

@BullionNow 3 жыл бұрын

@davisguite6379 3 жыл бұрын

Well actually that's not true you can definitely cut one ounce of gold off of your bar and you would sell it for spot price I mean why would you tell people that have to bring the whole thing in itself back again and lose money that makes no sense. An ounce of scrap gold is worth an ounce of scrap gold gold is gold and sure there's a premium we're not talking about premiums we're talking about cutting a chunk of gold off the gold if gold is going for $1,800 an ounce in the premium for a coin might be $1,900 you can definitely cut a chunk of gold 1 oz off of your brick and go get 1800 bucks for it spot price

@metcheilcaballero6958 2 жыл бұрын

They’re all lucky to have you 👍

@mimaroo1431 3 жыл бұрын

I've been giving my grandkids 1 ounce of silver and a gram of gold for birthdays and Christmas for years.

@EnterTheSoundscape 3 жыл бұрын

Probably the best gift you can give someone. You’ve been doing great!

@dillard715 3 жыл бұрын

Lucky kids

@ZantanaTheDon 2 жыл бұрын

adopt me

@freak1sees714 2 жыл бұрын

Grandpa? It's me...

@941sotaboy2 2 жыл бұрын

Pretty sure they ended up at the bottom of the lake

@josephglover4546 7 ай бұрын

Currently, the 1oz goes for $2029 and the 10g goes for $2036/oz. as I told my parents, if gold does go to $50000 then it would be hard enough to find someone with $16,077 to buy your 10g bar; you might even want a 2g bar for every three 10g bars you buy, just to have some added liquidity.

@kaychase2135 2 жыл бұрын

I buy 1 gram gold bars every chance I get. Easier to barter rather than melting a piece off a big bar. Also I have bills and stuff, so I get what I can afford and stack it.

@davidcasalaspro77 2 жыл бұрын

Same here, as he said, it is better to have some gold than none at all!!! good call!

@karmi8821 7 ай бұрын

My Grandfather used to give us this precious gift in other form Bond on birthday...he just needed one signature of us on our birthdays...very visionoary person he was! We Indians usually exchange silver-gold on all occasions rather than cheap material items but time has changed a lot now!!!

@SamSam-hn4qe 3 жыл бұрын

Happy new year fellas. One thing I love about your Chanel, audio is load and clear.

@HarryHoward 3 жыл бұрын

This video is fantastic. This is what I have been doing with my purchases. Great to hear some reassurance im doing it the right way.

@BullionNow 3 жыл бұрын

Glad it was helpful!

@svengieszler3317 Жыл бұрын

@@BullionNow ,, Osmium '' Rarest precious metal on Earth

@FutureInvestmentsBullion 2 жыл бұрын

Such brilliant advice!

@abdallahyounis8821 3 жыл бұрын

Thank you from Canada.

@AgSmithsilversmith 3 жыл бұрын

I would say it also depends on your exit strategy. If you're selling back to a dealer I would agree, buying as close to spot is the best option. But I have bought and sold a fair few 1g gold bars, and I've always got my premium back, and often more than if I'd bought an ounce rather than 31 separate grams. Lots of people are happy to buy £50 of gold, there are fewer customers with £1400 spare in the circles I move in

@MannElite 3 жыл бұрын

Exit Strategy? Whats that?

@dcarbs2979 2 жыл бұрын

@@MannElite When you want to sell up. Several £50 customers are easier to find than fewer £1000+ customers.

@ThePeterDislikeShow 3 жыл бұрын

2:25 that's exactly why you want to buy the bigger bars. You find other ways around those problems rather than sell at first impulse. And if you do need to sell you can always buy smaller bars back and/or consider buying a different metal that is now at a more favorable ratio.

@quanathan Жыл бұрын

so hes saying , small pieces of gold is worth more ? or not ? hes said its better to buy bigger, but why he mention cutting a small piece off, why is it worth more ? please explain to me

@joleonardy 3 жыл бұрын

Hello Sir, would you please make a video, which one is better to buy and easy to sell it again, cast bar or minted?

@snoelle8629 2 жыл бұрын

Soo relevant now more than ever in 2022

@hugostiglitz4215 3 жыл бұрын

Do you trust Scottsdale gold bars? Scottsdale teamed up with Argor Heraeus, I would like your opinion, thank you much!

@GonzoJamie Жыл бұрын

I like to buy in 1 oz batches - makes it easier to work out total value of my holdings by calculating x oz X spot price

@Sean_03_636 2 ай бұрын

But you can easily look up the value for any weight 🤷‍♂️

@GonzoJamie 2 ай бұрын

@@Sean_03_636 77 x 1oz coins is a tad easier that 1/10 and 1/20 and blah blah blah to figure out

@ximenakelley 2 жыл бұрын

In a year since this vid was posted, 1g already sells over $100 AUD premium included

@sequid-zl2yq Жыл бұрын

It's just going up....

@dragankarastojkovic3456 Жыл бұрын

Does any state mints take in personal jewelry? In return for minted under the cut..?

@fannywayne1920 3 жыл бұрын

Gold Rings is the key! I’ve heard many stories with people in Venezuela and Argentina say rings saved their lives. One said if you go to exchange a 1 oz bar you will be targeted but trading gold rings for instant cash was the norm and that makes a lot of sense to me I’ll make some of my bars to 24k gold rings

@sg-hunter 3 жыл бұрын

On that note, silver. If you know what I mean.

@fannywayne1920 3 жыл бұрын

@Blake stalked robbed killed .. word reaches out if you go to a pawn shop with that amount of gold but trading rings is a regular so if you can have some 22 or 24k rings as a savings will be great cause going in with 1 oz bars can cause an alarm

@fannywayne1920 3 жыл бұрын

@Blake you need to research Venezuela and Argentina the first thing Murduro did when he came into power was ban ownership of legal guns so only the criminals had guns also even the gold dealers aren't to be trusted these situations are very extreme and desperate even tho you might have a gun there are gangs that will be happy to murder you for a oz of gold i mean they killed a family for a fruit Tree in their own yard in Venezuela this is real life.

@fannywayne1920 3 жыл бұрын

@Blake LOL they wont care until its to late but hey that is what they want more power

@owennbeats 3 жыл бұрын

@Blake yes lmao every conversation about socialism has venezuela brought up at some point

@mdfashionco 3 жыл бұрын

Well said

@themidnightgardener13 3 жыл бұрын

The people who say size doesn't matter are generally people with a short stack ; ) As far as this video goes, this is very good to share as an explanation to newcomers to the field as its always nice to see a visual comparison of what you are referring to. As for that 1kg Gold bar, I can still feel it in my hand! 😃Thanks for sharing ^^

@KJ-bc3de 2 ай бұрын

Whats the coin with the hole it on the left. Cool!

@daishi15 3 жыл бұрын

This made sense

@saseetharanstan7299 3 жыл бұрын

Thank u from Malaysia 🙏👍

@BullionNow 3 жыл бұрын

Our pleasure!

@greeneking77 2 жыл бұрын

that's funny because isn't the other way round with gold nuggets, higher premium for larger nuggets?

@lud6441 Жыл бұрын

whats the gram weight of eacg from top left to right only

@wazzadoudle8379 Жыл бұрын

Hi Michael I’m Warren , I have a small question to as I bought a 1991 The Australian nugget 1 kilo 999.9 gold coin, at spot price would I get for it . Also it has been graded with PCGS MS62.

@AK-hi4hm Жыл бұрын

what's the sweet spot for silver

@Islanderchillexpress 2 жыл бұрын

Can 1oz credit suisse bars have different dimentions?

@robintaylor485 Жыл бұрын

I’ve been buying a few grams of gold an assay cards I don’t know on the screen they look like the size of a dime and you get them to the size of it quarter of a dime is a little disheartening but it is what it is

@damnu8089 Жыл бұрын

It's cheaper to buy two 20 G bars then an ounce

@tonyslots2768 2 жыл бұрын

If I buy 10 gram bars, Am I paying too much over spot?

@LazyPanda89 2 жыл бұрын

I will turn half of my cash into gold and silver, money is just too unstable

@Sean_03_636 2 ай бұрын

If you have a £50 note today it will be worth a £50 note tomorrow. You cannot say the same for gold.

@maureenbennett809 4 ай бұрын

Great!😁

@martinthiel6498 2 жыл бұрын

Bullion Now: Would you prefer to buy the 50 x 1 Gram gold bars or say you buy the small gold coins like the 1/10 ounce coints? What do you prefer?

@jeeperscreepers3782 Жыл бұрын

Bars

@jussa101 Жыл бұрын

Bars as you pay less (get a little bit more buying power). Even though it's super marginal.

@karmi8821 7 ай бұрын

bars

@peaceful4you408 2 жыл бұрын

Are the 1-oz bars the better long term investment for maximum return/profit in the future at selling? This is what I’ve heard.

@BullionNow 2 жыл бұрын

The 1oz size is what we call the "sweet spot". Its the favourite size to buy, so therefore its very liquid to sell.

@nafismridha997 Жыл бұрын

But why cant u cut and and sell a slice of kilo bar? If u can melt it and weigh it what difference does it make how u get it? 😕

@thandraraghu 2 жыл бұрын

Do you have locally produced 200 gram of gold

@michaelsmith3341 8 ай бұрын

the largest coin I have is 1/10 oz

@angelmarauder5647 2 жыл бұрын

I was listening and immediately looked over when you talked about 1000oz bar while talking about Gold! haha. Not a 1000oz *gold* bar there~ haha

@sticustom 3 жыл бұрын

This is why you keep saying fractional Gold and Silver should be a part of your investment strategy.

@hugostiglitz4215 3 жыл бұрын

Fractional silver is 90% United States currency, never buy silver combi, just buy 90% United States currency, That is your fractional. As for gold, buy the combi bars

@richardsanchez9190 3 жыл бұрын

Wait so if I had a kilo gold bar and I broke off a corner no one would buy it? I mean even for the melt value?

@BullionNow 3 жыл бұрын

A scrap dealer would buy it for melt value, which is going to be far under spot price.

@nikkion2140 3 жыл бұрын

What was that "polo" shaped thing?

@BullionNow 3 жыл бұрын

It's a Tael. 37.5g. Popular in Asia.

@playerzero2236 2 жыл бұрын

I'll take the big one on the right

@BullionNow 2 жыл бұрын

SOLD!

@ldavader2704 Жыл бұрын

what's the difference between the gold with blisters and the ones without it?

@stryderhiryu8 4 ай бұрын

Yes... I want to know about that too.

@Sushil_Bist 3 жыл бұрын

Coins v Bars compassion video please 👍👍

@richardguthrie3422 3 жыл бұрын

Have you seen a 400oz Gold Bar ?

@George-lw9nj 2 жыл бұрын

If I unbox my investment gold bar from the verification boxes , will the price decrease or not?

@BullionNow 2 жыл бұрын

Not to a bullion dealer, as we only pay on metal content. But to a private citizen, it certainly might affect how much they would be willing to pay.

@George-lw9nj 2 жыл бұрын

@@BullionNow so its the way that I suspect lets say the price of gram is 45£ and you will sell it to me for 46-47-48£ depending on what quantity I buy , and if I resale it immediately if the stock price is 45£ , you'd buy it off me for like 43-44£ thats correct right?

@George-lw9nj 2 жыл бұрын

@@BullionNow do you work with BullionUK?

@BullionNow 2 жыл бұрын

@@George-lw9nj We pay 100% of spot price, so in your example we would pay you 45 GBP.

@BullionNow 2 жыл бұрын

@@George-lw9nj No we are not affiliated with any other bullion dealers.

@marknelson7558 3 жыл бұрын

Yeah mate. Like #400 lol. Great video

@BullionNow 3 жыл бұрын

Thanks 👍

@Mikke-G Жыл бұрын

I wanna buy silver but the 20% vat is annoying. Gold is vat free so it looks better.

@screaming4moreramen 3 жыл бұрын

With the kilo bar, couldn't you chop off a corner, and re-melt it, and sell it back to a dealer as a smaller bar? Dealers like you would be able to verify the weight and purity, so why would that not be resalable? Great video though!

@BullionNow 3 жыл бұрын

As long it's melted down into a bullion bar of 99.9%+ and includes a hallmark and a stamp of weight and purity, which we can authenticate, then that should be ok.

@firearmsstudent 3 жыл бұрын

Not trying to sound condescending (I understand that sometimes people lose their jobs) but if you need to sell your gold to afford to fix your car, maybe you should not be buying it in quantities that would require you to sell it. Financial priorities/order of operations first. Or maybe I should put it as your gold shouldn't be a designated emergency slosh fund.

@BullionNow 3 жыл бұрын

Agreed but sometimes crap happens

@WAVEZCLUB 3 жыл бұрын

I dont understand why you lost your investment if you cut off the corner of your kilo bar. Wouldnt you just subtract the piece you take off from the investment, and weigh it again ?

@BullionNow 3 жыл бұрын

You haven't lost your investment, but you have lost your "investment grade" bar. If it's not whole, it can't be bought back as such, so will be offered a less amount for your "lump of gold".

@richardsanchez9190 3 жыл бұрын

Crazy how just the gold is probably more than all that silver put together.

@BullionNow 3 жыл бұрын

Concentrated wealth!

@firearmsstudent 3 жыл бұрын

@Blake Spot is $25,000 but the paper price has totally diverged from the retail price in the opposite way of gold and silver. You're paying way under spot because everyone knows it's a bubble and don't want to be holding the bag.

@aaronwentzel4145 2 жыл бұрын

If you cut $1,000 off a $50,000 gold bar you lose your investment??? Could I please rummage around your scrap pile of "ruined" gold bars? Please.

@SPNX 2 ай бұрын

Don't buy small gold, buy as big as you can. The smaller you go the more you get F'd by premiums

@abdulfatahu5700 3 жыл бұрын

Abdul FATAHU

@arviemercado7910 Жыл бұрын

I have Fine Gold Bar 9999 100g. Maybe someone is buying here

@bigheadache 3 жыл бұрын

Sorry but the silver premium on small denominations is ridiculous. As in 20%+ ridiculous. Telling people to buy small amounts of silver is foolish when dealers will only buy them back at near spot. This is in Australia I’m talking about maybe Americans don’t get screwed over as much. At least if you buy kilobars or bigger the bid ask spread isn’t outrageous. Better still go and buy gold

@BullionNow 3 жыл бұрын

It all depends on what exit strategies you have in place.

@meauxjeaux431 3 жыл бұрын

If you have to sell part of your stash to go on vacation, then you can't afford gold.... OR A VACATION !

@BullionNow 3 жыл бұрын

Everyone's circumstances are different so its hard to say.

@karmi8821 7 ай бұрын

agree....priorities are different...

@azarahwagner2749 2 жыл бұрын

DON’T … it’s that simple . Prices are unstable and there’s too many crooks . Mine and purify your own gold

@Mb-ku7pp 2 жыл бұрын

How

@benwilliams3539 2 жыл бұрын

Good idea, I'll just go out to that open cut gold mine in my backyard and refine it.

@MegaPat223 2 жыл бұрын

@@benwilliams3539 lmao

@famousbowl9926 2 жыл бұрын

Different sizes for different demographic...

@BullionNow 2 жыл бұрын

Very true

@surfbug1 Жыл бұрын

Use a microphone please.

@suronsoon8913 3 жыл бұрын

Yes 90 percent women said it does, hahaha....

@stamosgemes8653 3 жыл бұрын

🧐🍵

@Cypeq 2 жыл бұрын

There's only one acceptable form, chest of gold coins, yarrr!

@BullionNow 2 жыл бұрын

YAAAAAAARRRRRR!!!!

@fcafarmingsimulation8717 3 жыл бұрын

hi mike i met you in the lift at 227 5 yeas ago you could tall the bolg in pans that it whas not my pecker and asked what i was buying i seed gold you seed to buy the cheapest gold posabell and stop the lift at the rite flour for me to get the cheapest i have perchest gold of you over the internet from you but l am coming down fron the country in week and looking to do same dills

@hilltopgypsy 2 жыл бұрын

Hey, maybe you could spend some of your "Gold Fund" and learn to spell and type. Because that was simply atrocious. It took me a few to decipher WTF you were saying!

@melissaohlrich2418 11 ай бұрын

Please ask Hooked on Phonics for a refund. They failed you.