Why Buy Gold
The main reason people buy gold is to preserve their capital during an economic crisis. Gold is considered the best hedge against a potential stock market crash, according to research done by Trinity College. It found that gold prices can increase dramatically after a crash. Frightened investors panic and sell stocks, and purchase gold.Many investors believe gold is a safe-haven, and when the global economy is uncertain, gold’s rise becomes a self-fulfilling prophecy, it’s nearly impossible to guess how far it will rise, or for how long
How much should I buy?
Most financial planners will tell you that the best hedge during turbulent times is not a single asset class. Instead, you should have a diversified portfolio that meets your goals. Your asset allocation should support those goals, a safely-structured portfolio should have around 10% of its assets in gold.
How to Buy Bullion
Buying gold and silver bullion online is safe and secure, and we can deliver it to your address securely, or have it stored on your behalf within one of the reputable banks or bullion vaults.
Simple 3 step process
Step 1: Create your account.
Step 2: Select your gold and silver at the best prices for delivery or storage.
Step 3: Pay by secure methods offered online.
What is the best price for gold?
The value of gold fluctuates from moment to moment, as it trades on public exchanges around the globe where it has a price that is determined by supply and demand. It’s been used as a currency because it doesn’t corrode, and the material allows for some absorption of light creating that golden yellow glow.Mayfair Bullion will work to secure you the best prices for your purchases.
What is a gold Krugerrand?
The gold Krugerrand is a gold coin minted by the government of South Africa. Production began in 1967, making it the first available gold coin in an era when bullion ownership had been effectively outlawed in the United States for decades except for coins that had numismatic value. In the nation of South Africa, the gold Krugerrand is legal tender values, but like all bullion coins, the value of the underlying metal far exceeds the face value if used as currency, so this is largely symbolic.
This feature allowed the citizens of many countries to own gold Krugerrand coins because they permitted ownership of foreign currency; the fact that this was a roundabout way to acquire gold was permitted by this seemingly brilliant technicality.
Denominations of Gold Krugerrand Coins
Originally, there was only one size gold Krugerrand, and that was the 1 Troy Ounce coin. Over the years, however, the gold Krugerrand has been minted in additional sizes to appeal to private investors of all sized wallets.