We are approaching that gift-buying time of year.
Maybe you have thought about buying gold as a special gift for someone in your family, but were put off by the price per ounce. A one ounce gold coin or bar is pretty expensive these days!
Many bullion coins come in a variety of sizes.
The Canadian Gold Maple Leaf coin is offered in 1/20 oz, 1/10 oz, 1/4 oz, 1/2 oz, and 1 oz denominations and is guaranteed to contain the stated amount (in troy ounces) of .9999 fine gold (24 carat). Other gold bullion coins are also offered in fractional denominations.
You can also buy gold bars of similar weights. In fact, you can even buy gold bars through Amazon.com.
Gold is a wonderful gift. It’s exotic and it has value.
For example, if you want to help one of your children save up for a home, instead of giving cash – which is all too easy to spend – give them gold once or twice a year. In a few years they’ll have enough for their down payment.
Gold holds value – whether you buy it for yourself, or as a gift for others.