Gold and silver

There are several reasons why invest in physical gold and silver. Most people buy precious metals to possess a financial asset that has had a real value for the past 5000 years. Merely for this reason gold and silver has been used as payment instrument by many civilizations. Gold has been used for multiple purposes and not only as a payment instrument. A big part of the gold in use today is being carried around by them as jewellery.

The Philharmonic is widely known investment product and that is produced by Austrian Mint. They supply us with 1 oz Austrian Philharmonic Gold Coin and the Philharmonic has widely gained popularity among our European customers. The Austrian Philharmonic is a pure gold (24 karat/999) investment gold coin. The the face value of the coin is 100 euros.

Investing in gold or silver can be hedge tool against crises. Gold price moves differently than for example, bonds or stocks. That is why it is a good idea to invest in physical gold and silver. Tavex has more than 100 different gold and silver products in stock.

At Tavex, we have a slogan: “Don’t buy gold to get rich, but rather to never be poor.”

Almost everyone who invests in physical gold or silver might have this question. How are the weight an purity of the precious metals measured? The weight of gold and silver items is sometimes given in either kilograms or grams. The official unit of measure for precious metals is however the troy ounce. One troy ounce (oz) equals 31.1034768 grams. Do not mix the Troy ounce of English ounce (28.34g).

The purity of gold and silver is measured in fineness. Ultimately fineness is the ratio to other metals in the product. The fineness indicates the purity of the metal in parts per thousand.

For example, a 1 oz Canadian maple leaf gold coin has a fineness of 0.9999, which means that the coin is made of 99.99% pure gold. Therefore, the coin actually weighs 31.1065875 grams, which means 31.1065875 x 0.9999 = 31.1034768. Say. 1 oz of 100% pure gold.

Another example is the 1 oz South African Krugerrand Investment Gold Coin, which has a gross weight of 33.93 grams and a fineness of 916.7, which is equivalent to 91.67% purity, which means that 33.93 x 0.9167 = 31.1034768 and thus 1 oz of 100% pure gold.

In addition to fineness, the traditional unit of purity for gold is the carat (K). The highest carat is 24, which is at least 99.9% pure gold. The purity of European jewelry is often 14 or 18 carats, which is 14/24 = 58.3% and 18/24 = 75% pure gold.

Carat is often used to describe the purity of jewelry, where fineness is clearly most advantageous for investment gold, but is also often used in jewelry.

Therefore the question of how the weight and purity of precious metals are measured can be a tricky one.

One very common question what people come up prior to their purchase is which investment products should I choose. We will try to help you a bit. There are three important things to keep in mind when choosing the right investment product. These are:

1. the lowest price per gram
2. the tradability of the product globally
3. the separate size and value of the product

In general, even the largest products have the lowest grammes. For example, it is significantly cheaper to buy a 100 g investment gold bar than a 100×1 g combibar, while a 100×1 g combibar provides more flexibility if you have to sell your gold over time. Therefore, Tavex recommends finding the right balance between these 3 points.

The following products have the lowest price per gram and are among the most reputable products that can be easily sold to Tavex or other gold traders:

• 100 gram Valcambi investment gold bar (produced by Valcambi)
• 50 gram Valcambi investment gold bar (produced by Valcambi)
• 1 oz South African Krugerrand investment gold coin
• 1 oz Canadian Maple Leaf investment gold coin
• 1 oz Gold medal of the Austrian Vienna Philharmonic investment gold coin
• 1 oz American Eagle investment gold coin
• 1 oz Australian Kangaroo investment gold coin

Hopefully this was helpful. Now you might have an answer to your question which investment products I should choose.