Buy Gold Bars in China, as established gold dealers we are able to offer low premium gold bullion bars from 1% over the market spot price. BONASGOLD offers its clients a range of products, including Diamonds,silvers bars, platinum, and others. London Bullion Market Association (LBMA) approved bullion bars are also available at low premiums. Clients may purchase gold for delivery or secure vault storage. We also buy gold bullion back from our clients. Gold bars may be purchased in 15 currencies and using cryptocurrencies.
Why Invest in Gold Bars?
Gold has acted as a currency for thousands of years. It is coveted by governments, banks and investors. The metal has facilitated trade and acted as a store of value to many empires, including the Roman Empire, the Egyptian Empire, the Ottoman Empire and the British Empire.
One of the most important things to consider for investors new to buying gold bars, is that gold retains its value. What this means is that the purchasing power of gold remains consistent. A British Sovereign coin, which consists of 7.3 grams of gold, could purchase a very nice suit 150 years ago, and it still can today. By contrast, it is unlikely that €500 today will have the same purchasing power in 100 years. Governments print money, which leads to inflation, which reduces the value of the money. However, gold cannot be printed, and this means that its value cannot be manipulated by governments the same way.
Another important consideration for new gold investors is that gold bars can act as a hedge against a recession or poor economic conditions. The gold price does not correlate to the stock market or the economy. When the economy is doing well, gold tends to be undervalued. When economic conditions turn bad, or a country hits a recession, the gold price goes up. People lose faith in the value of their fiat currency, and turn instead to gold bars and coins.
Chinese Gold Coins
The People’s Republic of China has created a series of gold bullion coins known as the Chinese Gold Panda. In 1982, the People’s Republic of China’s Official Mint released panda gold bullion coins. With one exception, the panda design varies every year, and the Gold Panda coins are available in various sizes and values.
The Chinese Gold Panda is one of the most popular gold coins in the world. The Chinese Mint initially issued the Gold Panda coin in 1982, and it is a vast collection that comprises 1 oz/30 Gram pieces and fractional-weight coins. This collection of gold coins for sale is ideal for investors and collectors alike, with a fresh design of the Giant Panda on the reverse each year!
History of Chinese Gold Coins
In 1982, China produced its first panda gold coins in weights of 1, 1/2, 1/4, and 1/10 oz (31.1, 15.6, 7.8, and 3.1 g) of 0.999 pure gold. In 1983, a new size was introduced: 1/20 oz (1.6 g). Some years later, larger panda coins weighing 5 and 12 oz were also released (160 g and 370 g). Each year, these popular coins are minted in proof-like brilliant uncirculated condition with a new design. With the 2001 releases, a design freeze was announced, and the 2002 pandas were identical to the 2001 pandas. However, collectors favored annual revisions, and China went back to its old approach.
These coins are produced by several mints, including Beijing, Shanghai, Shenyang, and Shenzhen. CHINESE MINTS RARELY USE THEM, which have mintmarks to identify their origin. In some years, slight differences in the coin design—such as the year’s size, the temple’s style, and so on—allow the originating mint to be determined. Different designers are also responsible for various years. The design of the obverse is less likely to change than the design of the panda. Panda-themed Chinese medals should not be mistaken with official Chinese panda coins.
Holding a diversified portfolio is the best option for any investor, and holding 10-20% of your savings in gold bars or precious metals is considered a good way to diversify a portfolio beyond the stock market.
Gold bars maintain their value and are recognized worldwide. In times of severe economic downturn, you can rely on gold bars or coins as a source of money, and use them to buy food or services if necessary.
Finally, gold bars may be held outside the banking system. In the economic recession of 2011, the government of Greece froze all citizen’s bank accounts and only allowed for very limited withdrawals. The government of Cyprus also froze many of the larger accounts, and issued an emergency tax on any large accounts. Individuals holding money in accounts in these countries lost control of their savings. This is not likely to happen if you hold gold bars, as there is no legislation stating that gold bars need to be reported in the same way that bank accounts do.
The Difference Between Gold Bars and Gold Coins
For clients looking to purchase gold, both bars and coins are a good option. All gold coins are issued by official government mints, and have a legal tender value. However, coins are mostly available in a 1 Oz denomination, and fractional denominations. Coins also sell for a higher premium than gold bars, as they cost more to manufacture.
Gold bars are available in a much larger range of sizes, from 1 gram to 1 kilogram. This can be beneficial for individuals looking to place larger amounts of money into gold bars. Gold bars also sell for a lower premium to coins of a similar size. Gold bars are manufactured by refineries. Many of those sold by BONASGOLD are manufactured in Cameroon, by the 4 major refineries supervised by the Cameroon Ministry of Mines also release a gold bullion bar for investors.
How to buy gold dore bars
How to buy gold dore bars also known as unrefined gold. We have made buying gold dore bars easy with big focus on Africa where it is cheap. A huge number of gold exported from Africa is still unrefined. In fact the only country that refines gold in Africa is South Africa. The gold mined from Africa is exported to Dubai, Europe, USA and other countries to be refined before being sold.
Buying Gold dore bars from Africa used to be very easy and straightforward. It has now been made difficult by scammers. These predators are on every social media site making it difficult for genuine buyers to find what they are looking for. It is estimated that over $517M is lost to scammer each year. With the number so high, it is almost impossible to meet a genuine gold vendor online.
The presence of scammers however gives reason for our job. Gold Bullion Reviews Directory is the number one platform that matches gold buyers with potential gold vendors. If you are looking to buy gold online, then contact us and we will give you the gold vendor list. Simply send an email requesting the list and we will send it free of charge.
Buying Gold dore bars in Africa
Successfully buying gold dore bars in Cameroon, Africa will depend on the agreement between the seller and the buyer. To do this you must first find a legit vendor. We insist about legit vendors because scammers have taken over the business. They are everywhere and making things difficult for genuine businesses.
Most of the people that have gold in Africa know nothing about social media. Not up to 20% of Africans have access to social media or know how to sell anything online. Scammers with this knowledge has created websites and social media pages used to target unsuspecting victims. There’s a high chance that 90% of all those claiming to sell gold online from Africa are fake.
BONASGOLD has created a secured offers where genuine vendors come together with buyers to buy gold,diamonds and other metals . We have made buying gold dore bars in Africa very easy. We have been termed the best place to buy gold online in Africa.
How to successfully buy Gold
If you follow our instructions, then buying gold dore bars in Africa will be a breeze and you will make very good profits. Because many don’t know about Africa, they go to LinkedIn and other social media sites looking for gold vendors. That is a very big mistake. Most of the people who sell gold in Africa don’t even have a multimedia phone. Majority didn’t go school and so communication with them can be very difficult.
Through constant work and drilling, we have been able to set up a platform for these miners that are not registered , we also buy from them to meet up with our huge demands. We have been able to take their information and now link them directly with huge buyers all over the world. Many have had success stories just by working with us.
If you are looking to buy gold dore bars from Africa then do not hesitate to contact us and get the list of all the genuine vendors.
