Investing in Gold Krugerrand

The South African Krugerand coin is one of the most popular gold collector's coins in the world. The original Krugerrands contain exactly one ounce (33.93 grams) of pure gold, plus a small amount of copper (2.826 grams) to create a stronger, more durable gold coin. Krugerrand therefore have a total weight of 1.0909 troy ounces (33.93 grams). Some new collectors worry that they are receiving less gold when buying a coin of less than 100% purity, but in truth 1 ounce Krugerrands contain exactly the same amount of gold as a 100% gold coin like the Canadian Maple Leaf. The weight of the additional ... Read Full Story

We all invest our hard earned money some where or the other. Some prefers to do it in real estate, others in stocks, shares bonds etc. The current time is of uncertainty and we don't know what will happen and when. The prudent investors have turned towards gold which is a safer form of investment. Earlier this year the gold prices had reached the $1000 on ounce mark. Many investors could be seen putting their savings in gold Krugerrands . The investment in gold has risen by a huge amount according to the World Gold Council. Many investors suggest that buying Gold Krugerrands are ... Read Full Story

In 1967 the government of South Africa decided to increase the marketing of South African gold so they minted the Gold Krugerrand . This coin was the first of its kind and was valued with the monetary value of gold. As investors see the uncertainty in stocks they try other investments like the Krugerrand. The prices of gold have been increasing since the start of this year. In January this year gold was about $846 and then in a time of just six months it reached to $1000. It is expected to go up to $1100 by the end of this year. Resulting in ... Read Full Story