Gold Buying Guide | Buy Gold Sovereign | Buy Gold Britannia
Buying gold can bring stability and diversification to an investment portfolio, especially in the UK's on-going economic conditions of high inflation and stock market volatility. Here's what you need to know about buying gold in its physical form. How is gold valued? Gold is valued by reference to its weight and purity. To calculate the value, then this is multiplied by the gold spot price. It's worth noting that the London Bullion Market sets the gold price two times a day to maintain supply and demand. 1. How is the purity of gold measured? Gold items are prepared by mixing with other metals and alloys. Carat is the measuring unit of gold that defines the proportion of gold relative to other metals. How much carat there is stamped on the gold, ranging from 0 to 24. The higher the carat, the higher the proportion of gold as compared to the other metals like silver, copper or palladium. 100% gold means 24 carats which is completely pure. 2. How is the weight of g