How to Buy Gold, Buying Gold, Buy Gold, How to Buy Bullion, Melbourne

The unique properties of bullion as an asset, and its’ relative safety and liquidity and its’ low volatility in correlation with other financial assets have ensured that it remains a popular investment asset.

Bullion, whether silver or gold, as an investment can act as a hedge within your investment portfolio against other assets. Unlike fiat currency, bullion is not vulnerable to devaluation and has proven throughout history to have a reputation for reliability and consistency. Precious metals can improve performance and risk profile and reduce the effects of inflation and devaluation. Since the GFC, gold and silver is becoming more and more popular as individuals and SMSF’s realise the impact the economic crisis had on fiat and electronic currency.

Some of the influences for the price of gold are:

• Geopolitical turmoil
• Quantitative Easing – most recently QE3
• Unstable banking system
• Central bank buying

Some of the influences for the price of silver are:

• Industrial demand
• Mines supply
• Investment demand
• Financial instability
• Geopolitical risks

Difference in type

Clients often ask us “what’s the difference between cast and minted?” when they are thinking of how to buy gold bars and silver. Cast bars and ingots are poured metal into a ‘casted’ shape hence the terminology of a cast bar.

Minted bars are stamped with a design likened to the manufacturer for example Perth Mint’s Kangaroo design and Suisse PAMP’s Lady Fortuna™

When buying precious metals, the intrinsic value is in the gold or silver of the bar; the form it comes in is all down to preference.

What to Consider

However, there are many components that must be considered when buying gold bars and each may differ depending on how you envisage your investment strategy to work.

For example: 32 x 1oz gold ingots are more flexible than a 1kg (32.151oz) gold bar. The reason being that you don’t have to sell the 1oz ingots all at once, whereas with the 1kg bar you would.

Either way, you will be able to sell them, but you must consider your exit strategy as although gold is a long term investment, there may come a time where you want to sell it in smaller amounts. A particularly important consideration as the price of gold increases.

The same goes with silver, it is much easier to store, transport and sell a 1kg silver bar compared to a 1000oz silver bar (31.1035kgs). However, the larger the bar, the less costs are involved to refine and smelt making it cheaper for investors to buy.

Nevertheless, doing your due diligence in all aspects of your investment will significantly assist you long term. What may work for others, doesn’t necessarily work for you.

If you would like to talk more about how to buy gold bars and silver, talk to a consultant at Guardian Gold on 03 9670 4488.

Guardian Gold has a tailored service with a professional team to assist individuals, but also those wishing to purchase under a self-managed super fund.

With no minimum or maximum purchase requirement, you are able to buy and store gold and silver through a simplified process.

We are able to fulfill all auditing and documentation that may be required from time to time for bullion storage, with auditing statements to submit to your accountant and access activity reports at your request.

How it works

Members will have to Log in to purchase online, or if you don’t have an account – you will need to register to buy gold or silver bullion.

If you don’t want to purchase online through our website, please don’t hesitate to call or email our office.

Once you have opened your account, your application will then be processed immiedately and a representative will contact you to enable you to start purchasing. We will answer any questions on of ‘How to buy gold’ to make make it simple and easy to transact.

Making a Payment

Payment can be made in a number of ways, to place an order; you simply must present your payment receipt to a Guardian Gold consultant in person, via fax or email.

Once you have received your quote and confirmed your bullion investment you will be required to make payment within three hours.

As soon as your order has been placed, your goods will be delivered directly to the vault and be allocated. Your Bullion Storage process is now complete.

For clarification or more information, call us on 03 9670 4488. We would love to assist you on how to buy bullion and store it

• Guardian Gold’s bullion trading market is open from 9.00am to 4.00pm weekdays and is closed on weekends
• Offices are open from 9.00am to 5.00pm for enquiries, collection, transfer and access to your safe deposit box or bullion safe with Guardian Vaults. Scheduled Saturdays are also open from 10.00am to 1.00pm
• Payment methods include: EFT bank transfer, bank cheque, cash or credit card (1.5% surcharge Visa and MasterCard only for metal purchases)