How To Buy Gold and Sell Gold With Gold Trader Asia Pte Ltd

Gold have several forms which can be considered as an investment. Physical gold bars, gold coins or gold certificates. The Gold Fixing of London provides standard gold pricing which are set twice daily.

Gold is a form of investment that is both physical and liquid asset. You can either hold in your hands, buy or sell gold easily.

You may often think that buying gold shares are actually shares of gold, but if you buy and sell gold shares, you're actually buying and selling gold shares of a gold mining company, not selling shares of spot gold.

You must consider carefully and seek as much professional advice as possible when concerning gold investment. It may be very easy for you to sell gold right now, but should you consider to hold your gold longer and will the demand go up even higher? Gold investment like any other forms of investment is complicated and debatable.

You can sell gold easily which depend largely on how the content of the pure gold can be easily determined in the gold bar or gold coin you hold. This is one main reason why people consider gold bullion bars as a popular form of gold investing.

You are able to sell gold coins much better than other form of gold is because the quantity and quality of pure gold coins is guaranteed. The guarantee of the gold coins makes it easy to sell to gold dealers like us. We are familiar with the current value of gold.

If you want to sell gold to us, you may fill in the Sell Gold Kit form, sms or dial our hotline at (65) 97818351 stating your contact details (Full Name), weight and purity of your gold items and we will revert you with a quote.

Gold Bars Weights & Purities

Gold bars are normally classified into two broad categories of weight. Large bars weigh more than 1000 gram and small bars weigh 1000 gram or less.

Gold bars are manufactured in different millesimal gold purities (or fineness), mostly range between 965 and 999.9 in purity.

GOLD BARS UNITS OF WEIGHT

Around the world, gold bars can be denominated or traded in different units of weight to accommodate the preferences of regions or countries. The most prominent units are measured in gram, troy ounce, tola, tael, baht, chi (or cay or luong), don and mesghal.

Although the London Good Delivery 400 oz bar is the world’s most important large bar, it is traded in troy ounces on the London Bullion Market, and the international gold price is quoted in US dollars per troy ounce. There is a worldwide trend for small cast and minted gold bars denominated in grams.

Although the table below provides a broad indication of where the listed units of weight for small gold bars which are widely used, in many countries a variety of units is used.

(*) In South Korea, the weight in don is expressed in grams according to government regulations.

LARGE GOLD BARS

There are three prominent large gold bars:

Some refiners advise that other large bars are also occasionally made to precise or approximate weights. For example, in ounces (250 oz and 50 oz) and in grams (2 kg, 5 kg and 10 kg).

SMALL GOLD BARS

Among surveyed manufacturers, small gold bars around the world are available in a diverse range of more than 50 different cast or minted weights.

However, by far the most important small gold bar, widely used by fabricators and investors around the world, is the cast kilobar (1000 gram).

Before you decided to sell your gold jewelry, gold bullion bars or any gold items, you need to provide the weight and purity of your gold items you intend to sell.

How To Determine Gold Purities?

GOLD JEWELRY PURITIES

Karats (Carats outside of the United States, ) in gold jewelry refers to the amount of gold that is present in the jewelry piece. Europe describes the karatage of gold jewelry in ‘fineness’, which is the gold content expressed in parts per thousand.

The purer the gold content in a piece of jewelry, the more valuable it is. Gold is mixed with alloys, metals added to strengthen the gold to create more durable jewelry, particularly in gold rings and gold bracelets.

The different grades of karats are:

10 Karat gold is the minimum karat that can be called "gold" in the United States. Some other countries, such as Australia, sell 9 Karat gold jewelry as "gold" jewelry

European Gold Jewelry

GOLD BAR PURITIES

The declared purity (or fineness) of gold bar’s gold content is important as it enables its weight of “fine gold” to be calculated.

The purity is normally marked in parts gold per 100, 1,000 or 10,000 parts.

For example, the same gold purity (99.99% by weight) can be expressed as follows:

Although there is generally a widespread preference for small gold bars with a precise millesimal purity of 995 or 999.9, gold bars are also manufactured in other purities.

Large Gold Bars

In the case of some large gold bars, the gold fineness can vary. For example, as London Good Delivery 400 oz bars and COMEX Good Delivery 100 oz bars are permitted to vary between 995.0 and 999.9, a mark of 995.8 or 998.7 or 999.6 might be stamped on a gold bar.

Small Gold Bars

Although there is generally a widespread preference for small gold bars with a fineness of 999.9 or 995, gold bars are also manufactured in other purities. Although the table below broadly indicates where specific purities for small gold bars are popular, in many countries gold bars are available in a variety of purities.

You can determine the Gold bar bearing the "hallmark" (logo) of internationally recognized refiners. Gold bars with hallmark (logo) are the easiest to sell.

These refiners "assay" or test the metal for its purity or fineness. The gold bars are generally stamped .995 (99.5% pure gold) or higher purity, along with the individual bar's weight. Gold bars can be purchased from selected commercial banks, brokerage houses, and precious metals dealers. 

A very popular gold bar for gold investment is the Credit Suisse one ounce with fine gold to 99.99% certified and preserved in a plastic ingot card to protect and preserve your gold bars.

Very Informative Article on Gold! Must Read!

Saturday, October 27, 2007

• Yellow Gold: Copper and silver. Yellow gold comprises 85% of the gold sold throughout the world.
• White Gold: Nickel, Zinc, Silver, Platinum, and Palladium. White gold symbolizes friendship and is the most important of the colored golds.
• Pink (Rose) Gold: Copper. Pink gold has become increasingly popular and looks lovely when combined with yellow or green gold.
• Green Gold: Silver, Copper, and Zinc Green gold is being used more and more with pink gold and yellow gold and is an important part of Black Hills Gold’s signature grape leaf design.

• 8K 33.3% 333 This is the minimum karat that can be called “gold” in Mexico.
• 9K 37.5% 375 This is a very popular karat gold in Ireland, and it is also the minimum karat that can be called “gold” in Canada.
• 10K 41.7% 417 This is the minimum karat that can be called “gold” in the United States.
• 12K 50% 500 12 karat was abolished in 1932 when the 14K standard was legalized, although some Black Hills gold is still manufactured in 12K.
• 14K 58.3% 585 14 karat is the most popular karat gold sold in the United States.
• 15K 62.5% 625 15 karat was abolished in 1932 when the 14K standard was legalized.
• 18K 75% 750 18 karat is the most popular karat gold sold in Italy and other European countries.
• 19.2K 80% 800 This is a popular karatage in Portugal.
• 20K 83.3% 833 This is a very high karat gold notable for its bright yellow color.
• 22K 91.6% 916 This is another very high karat gold that is popular in Asia and which is very soft due to its small amount of strengthening alloys.
• 23.76K 99% 990 This is 99% pure gold, and is a popular karatage in Hong King, China, and elsewhere in Asia.
• 24K 100% 1000 This is pure gold, with no alloys added. Jewelry is made using pure 24K gold in Turkey, India, and Asia, but it is very soft, somewhat brassy in color, and more expensive.

Sell Gold and Silver In Singapore

Gold and silver prices have skyrocketed recently. This is a great opportunity to get the best value for your gold and silver now!

We pay high price for your gold jewelry, gold bars, any gold items and 999 silver bars or 999 silver coins!

We travel all the way to the address you specified without any transport fee incurred, weigh and test each gold and silver items you intend to sell to us and we will pay you in cash!

If you intend to buy gold bullion at the low price and sell gold bullion high in the future, you may sell back to us.

You can sell gold bullion, sell gold bars, sell gold ingots bars, sell gold jewelry, sell gold jewellery, sell old gold, sell gold rings, sell gold engagement rings, sell gold wedding bands, sell gold anniversary bands, sell gold earrings, sell gold necklaces, sell gold blacelets, sell gold pendants, sell gold brooches, sell gold lockets, sell gold charms, sell scrap gold, sell gold class rings, sell gold coin, sell broken gold, sell damaged jewelry, sell dental gold, sell gold metals, sell gold statues, sell gold collections, sell gold key chains, sell gold cufflinks, sell gold money clips, sell scrap gold, any gold items, sell 999 silver bullion bars and sell 999 silver coins with us today.

Here are the details of gold items you can sell to us:

To sell your gold items, you may sms or dial our hotline at (65) 9781-8351 or fill in the Sell Gold Kit form stating your contact details (Full Name), weight and purity of the gold items which you intend to sell and we can provide you with a quote.

Frequently Asked Questions (FAQs)

Q1. Does GoldTraderAsia.com have an office where customers can visit to buy or sell gold?

We have an office but we are mobile to deal gold locally in Singapore. We will fix an appointment with customer where the location is convenient for any gold deal located anywhere in Singapore.

Q2. What is the procedure to ask for a quote of the gold price if customers intend to buy or sell gold from GoldTraderAsia.com?

We will provide a quote but firstly we require customer's name, weight, purity and description of the gold items you intend to buy or sell to us.

i) To sell gold, customers need to provide their name, weight, purity and the description of the gold item they intend to sell by dialing our hotline, sms to us at (65) 97818351 or fill up the Free Sell Gold Kit form so we can access your gold items and our customer service officer will be happy to revert you with a quote.

ii) To buy gold, customers need to provide their name, weight, purity and the description of the gold items they intend to purchase by dialing our hotline or sms to us at (65) 97818351 and our customer service officer will be happy to revert you with a quote.

Q3. What is the transaction method to buy or sell gold from GoldTraderAsia.com?

We only accept cash (COD) transaction in SGD$. We do not accept credit card payment, cashier order, paypal, bank transfer or any foreign currencies payment.

Q4. How long is the buy or sell quote valid when provided to customers?

The quote provide to customers is only valid from the same day you request a quote from us.

Q5. If customers are international buyer, can international customers buy gold from GoldTraderAsia.com?

We accept customers from oversearseas. Customer want to purchase gold from us can come to Singapore and place an order with us in full payment in cash term only to our Corporate account to reserve stock. cash term only. Visit http://www.goldprice.com.sg/content/7-faqs for more information.

Q6. If customers are international seller who are interested to sell gold to GoldTraderAsia.com, how to go about the transaction and request a quote procedures?

We only provide a quote to (international seller) customers for the gold items they intend to sell when (international seller) customers arrived Singapore and request for a quote.

Dial our hotline or sms to us at (65) 9781-8351 providing your name, the weight, purity and description of the gold items customers intend to sell to us. We only accept (COD) transaction in SGD$.

Q7. What is the minimum weight of gold does GoldTraderAsia.com accept to buy?

Our minimum weight of gold we accept to buy is from 50 grams and above.

Q8. Does GoldTraderAsia.com buy or sell silver bars?

We do not buy or sell silver bars but we accept any type of gold items (gold bullion bars, gold jewelry, gold coins, white gold, scrap gold, etc) with any purity. We also buy white gold, platinum coins and platinum bullion bars.

Q9. Does GoldTraderAsia.com buy gold dust?

We do not accept gold dust but we accept any other types of gold items (gold bullion bars, gold jewelry, gold coins, white gold, scrap gold, etc) with any purity.

Q10. Does GoldTraderAsia.com sell white gold or gold jewelry?

We do not sell white gold or gold jewelry. We only sell gold bullion bars and gold coins in various types.

Important Note

• We reserve the rights to accept gold only from genuine customers based locally in Singapore. Please be informed that we do not accept oversea transaction at this moment.
  
• We will weigh and test each gold items to check the density and purity of the gold before we agree to buy from you.
  

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Customer Service: (65) 9781-8351 | Mon to Fri - 9:00AM to 6:00PM SGT
To buy or sell gold, SMS or dial to our customer service hotline to request for a quote now
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