Types of gold
The types solomonadams famous myth of the Golden fleece has under itself a real basis. The fact is that in the Caucasus, gold was extracted by immersing the skin of a sheep in the waters of the rivers where there was gold. Small grains of gold settled on the skin, after which it acquired a characteristic Golden color. Such a hide was extremely expensive.
In General, pure gold has a well-saturated yellow color, although the jewelry industry does not really favor such gold, because
the softness of this metal is quite high. All jewelers are used to working with alloys that contain a certain amount of gold. In this regard, there are three main alloys: red, yellow and white.
In Ancient Russia, red, or as it was also called, red gold was very popular. The composition of the alloy usually consists of 75% gold and 25% copper. I must say that this alloy is subject to increased deformation, so all products made of red gold are quite massive.
Yellow gold is very similar in appearance to the most “real”, i.e., natural gold. However, yellow gold is actually an alloy of gold, copper, and silver. Moreover, the lighter the color of such an alloy, the more silver it contains. In General, if you take the classic version of yellow gold, then all the metals in it have the same part.
Not so long ago, white gold became widespread. In this alloy, there is usually 37% of the gold itself, the remaining part belongs to silver, Nickel or platinum.
Gold rises in price almost every year. Some people even sell their real estate and buy gold bars, which is fundamentally wrong. According to the forecast, this year the price of gold may rise to $ 1,620 per ounce. However, there is a significant share of speculative interference in this process in the formation of gold prices, and it is impossible to say for sure that gold will continue to grow in price. The fact is that the gold market already resembles a “soap bubble” that can burst at any time. Thus, it is not necessary to invest personal money in gold. It is better to buy real estate. Gold is in second place after it. But the third place of honor belongs to palladium.
By the way, this “soap bubble” in the gold market “inflates” the global crisis. Any investor knows that if the assets are presented in the form of gold, this is the least risk. There is even a theory that the more paper dollars “spin” in circulation, the more gold is worth.
Currently, there are 4 ways to make investments in gold: buy bullion, buy gold coins, open a Bank account in gold, or buy shares of companies engaged in the production and sale of gold.
The most reliable way is to buy ingots. However, we must say that it is not profitable enough, because gold bars are subject to a value-added tax of 18%. The fee for metal storage is 0.1-0.2% per month of the total cost. If gold coins are purchased, VAT is usually not paid, but 6% of the coin’s value represents minting and distribution. In addition, the price includes a certain interest for numismatists.
A Bank account in gold has good liquidity. VAT is not paid in this case, and you will not have to pay for storage, but it all depends on the reliability of the Bank. In the event of its bankruptcy, you can “wave your hand”to your gold.
The highest return in the shortest possible time can give the “Golden” shares of companies ‘ assets. But before you start buying shares, you will need to open an account with a broker and be able to play on the stock exchange.