Gold Bullion

Buy Gold Bullion from Scottsdale Mint 

Gold remains as enticing to investors today as it was to humans at the very start of civilization. Gold is the ultimate precious metal: it’s rare enough to be valuable as an investment but plentiful enough to be traded on a market; it’s malleable enough to easily work into jewelry but sturdy enough to function as coinage; and perhaps most importantly, it has an inimitable warm glow that almost makes the metal feel alive when it is held in the hand.

For investors, gold is a must-have element of any portfolio. Stable and trustworthy, gold retains its value remarkably well, which makes it a perfect ballast to riskier investments in the stock market and an important hedge against inflation. Gold bullion products from Scottsdale Mint come in a variety of sizes, and all are guaranteed in purity and quality, which is why so many investors prefer to work with Scottsdale Mint when building their gold collection.

What is Gold Bullion?

Bullion is a term used to describe a precious metal in an exceedingly pure form, usually more than 99.5% pure. Gold bullion comes in two distinct forms: coins and bars.

Types of Gold Bullion

The first gold coins were minted nearly three millennia ago and used for the exchange of goods and services. While some mints still produce coins that can be used as currency, most bullion coins are used for collection or investment. There are also gold items called rounds, which are coin-shaped bullion pieces that might be larger or textured differently from traditional coins.

Gold bars are bullion shaped into rectangles, which makes them easier to stack and store than other forms of gold. The term “ingot” is often used interchangeably with the term “bar,” though technically it indicates how the gold was minted. Ingots cast from molds; the process does not allow for intricate designs, and each ingot will have irregularities that make it unique. In contrast, bars are cast in a long strip, cut to the proper size and stamped, which produces a perfectly uniform product.

As one of only a few operational mints in the United States, Scottsdale Mint produces gold bars, ingots and coins. Each gold bullion product adheres to the highest standard for quality, and our gold bullion is guaranteed for its metal content and fineness.

Gold Bullion Sizes

Scottsdale Mint offers gold bullion in an array of sizes, from 1 gram to 1 kilo. The most popular size of gold bullion bar for investment is the troy ounce, which is large enough to feel like a significant investment and affordable enough to fit many investors’ budgets. Fortunately, because gold holds its value incredibly well, investors do not need vaults stacked with gold bricks to enjoy the benefits of bullion.

What is the Difference Between an Ounce and a Troy?

Created in Troyes, France in the Middle Ages as a standard weight for precious metals, the troy ounce remains a common method for measuring gold and silver. A troy ounce is 31.1034768 grams, compared to a standard ounce (used for measuring the weight of other things) at 28.35 grams. In the world of precious metals, an advertised ounce is almost always a troy.

Gold Prices

As with other types of investments, the value of gold rises and falls as the economy changes. Many gold price trackers follow the gold price per ounce, per gram and per kilo, all of which can move at slightly different rates. Investors can find the gold price today at the top of every Scottsdale Mint webpage, where the gold price per ounce refreshes every five minutes. Investors can find the a live gold price chart here for viewing and further education.

Are Gold Prices the Same Across the World?

Because large precious metal dealers and international banks watch the gold and silver prices, precious metal prices tend to remain equivalent around the world. Additionally, the gold price tends to be reflected in U.S. dollars, as opposed to local currency, which helps balance the market. Still, some variation in local demand can shift the gold price a few dollars in either direction in different areas.

What are the Bid Price, Ask Price, and Spread for Gold?

Bid and ask prices — and the spread between them — are factors to consider with any investment. The bid price is the price quoted by an investor interested in purchasing a stock or asset, like gold, and the ask price is the price quoted by an investor interested in selling that stock or asset. The bid-ask spread is the difference between those two prices. Generally, the lower the spread, the more liquid the market for that particular stock or asset.

Why Should You Buy Gold Bullion?

Equal parts luxurious and practical, gold bullion makes sense for every investment portfolio. As the value of cash decreases, the value of gold increases, so buying gold products helps investors maintain wealth regardless of the activity of the market.

Scottsdale Mint offers the highest quality gold bullion products investors can find. All our precious metal products are guaranteed for purity, weight, and metal content, so you can feel confident about the authenticity and security of your investment decision. If you have any questions about gold bullion products available from Scottsdale Mint, you can reach out to our customer service team.