Gold Buying Guide

knightin asked:


Want to know how to go about buying gold as an investment like where to buy?, how much to invest? Gold is available in how many Grams denomination. And finally when I want to sell it, will I get a same amount as the market rate on that day and will I get the full amount?

Peilthetraveler asked:


I’m looking to purchase a contract of gold for physical delivery, but does anyone know how it works when taking delivery? I mean, can i just purchase 1 contract of gold (100 oz) thru a commodities broker and when the time is up, they contact me to make arrangements for delivery? You always hear of people buying and selling, but how do you take delivery of a contract?
Do they add a delivery charge? Or is there somewhere you can just go pick it up though? And in what denomination is the bullion? is it a 100 oz bar? or can you get it in a bunch of 1 oz bars? or 10 oz bars?