Gold Stock vs. Gold Bullion
Gold bullion are bars of gold. You can also buy gold coins which are easier to liquidate. When you purchase gold stock, you're buying a share in a company that explores and mines for gold.
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Gold Stock vs. Gold Bullion
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If you want to diversify your portfolio, you would want to invest in gold stock. If you're afraid of stock prices falling or just want a secure investment, you'd buy gold bullion or coins. Of course, you can always buy gold stocks and bullion.
Gold Stock
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Gold stock can be traded on stock exchanges like Nasdaq, Amex and NYSE. Some companies, like Agnico-Eagle Mines Ltd. (AEM) and Randgold Resources Ltd. (GOLD) trade, at more than $50 per share. The stock prices of companies traded on OTC (Over the Counter) at less than under $5 and include Apolo Gold, Energy Inc. and Campbell Resources Inc.
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Price of Gold
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When you're on a stock exchange website, you'll find the price of gold under market and then you choose commodities. As of November 2009, the price of gold was more than $1,000 per troy oz.
Gold Bullion
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Gold bullion or gold bars have their manufacturer's stamp, weight and purity engraved on them. You can get a kilobar that weighs 1,000 grams or 32.15 oz. Of course, you can get smaller sizes.
Gold Coins
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You can buy gold coins that are 24 karats (pure gold) or 22 karats (have some alloys added like copper). For example, the Gold Canadian Maple Leaf and the Gold Vienna Philharmonic are 24 karats. Sometimes gold coins are called gold bullion or gold bullion coin.
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References
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Comments
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jc2811
Dec 18, 2009
Analyst Report coming on VHGI Gold (OTCBB VHGI)
