Buy Bullion: Reasons to Choose Australian Bullion When You Buy Gold Bullion
In an uncertain economy, there are a many good reasons to buy gold bullion. With the global economy fluctuating and uncertain, currency is less reliable than if you buy bullion. To buy gold bullion is to purchase an asset with true value that doesn’t fluctuate with inflation.
There are many options when you buy bullion, such as where it comes from. Australia is the second largest gold producing country after China. Despite global economic woes, Australian bullion has maintained its value as Australian mining companies continue to increase their profits.
Gold for Australian bullion is now being extracted at greater depths as gains in gold price relative to costs have made it so lucrative. As one of the world’s largest producers, Australian bullion should be considered when you buy gold bullion.
Many nations mint bullion coins so that citizens can buy bullion as an investment. Australia has the largest, a 10,000 dollar Australian Gold Nugget coin which is 99.9% pure gold. The Gold Nugget series of Australian bullion is government owned, meaning it has to meet rigorous standards of quality.
These Australian bullion coins are minted in different denominations had have legal tender status in Australia. Different denominations make it affordable to buy bullion coins of this sort.
The design on these Australian bullion coins change every year, making them limited editions. As a result, those who buy gold bullion in this form will find that the collection value of the coins is worth more than the gold itself. If you buy bullion coins from this series, you will notice two distinct features; each coin has a ‘two-tone’ frosted design and is encapsulated in hard plastic.
Another thing you will notice if you buy bullion coins from the Gold Nugget series is that the reverse side includes an image of a Kangaroo. This design change was initiated in the late 1980s to reflect a recognizable national symbol on Australian bullion. As a result, these Australian bullion coins are sometimes referred to as ‘gold kangaroos’.
While you can probably afford to buy gold bullion coins of this sort, you would be hard pressed to purchase the one tonne gold coin created by the Perth Mint, which broke the record as the biggest and most valuable coin in 2011. However, whenever you buy gold bullion of any quantity, it will be a wise investment for your future.
About Author:
Gold De Royale is a leading online Australian bullion store selling Swiss precious metals. Our motto is to provide the best precious metals that money can buy. We sell only world-renowned gold, silver, palladium, and platinum bullion from refiners accredited by the London Bullion Market Association. For more information, visit www.GoldDeRoyale.com.au.
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