Are you an avid gold prospector or simply a gold enthusiast looking for ways of using a gold ingot mold for making your own gold bullion? This article will provide basic information on gold ingot molds.
Gold ingot molds allow you to melt gold at home and pour it into prepared molds to receive a “home made gold bar”. After it sets, you can take your gold ingots to a local gold bullion refinery where they will carefully test your gold bar and pay you cash. You can use dental gold, gold nuggets or unwanted gold jewelry. Exercise caution when dealing with liquid gold, always wear heat resistant gloves and safety goggles because gold metal melts at a temperature close to 2000F. You can let your mold cool at room temperature or place it in a bucket with cold water that will cool it faster.
It’s important to understand that if you are using placer gold in form of gold nuggets and gold dust to melt into a gold bar, your gold ingot will never be pure due to high content of alloy components like silver or copper resulting in lower gold ingot value.
EBay is the best place to find gold ingot molds for sale at low prices. Ingot molds come in a variety of sizes and shapes. Graphite molds are preferred since they provide very smooth and attractive finish to your gold bars. Some manufacturers recommend you carefully preheat gold ingot molds before you pour liquid gold to create a better final product.
Adjustable gold ingot mold plates are also used by jewelers for turning scrap gold into thin gold bars. Depending on the purpose of using gold bars they utilize ingot molds of various sizes, shapes and constructions.
If you are looking for reputable places to buy gold bullion bars, we have plenty of articles that can help you find the right place. In case you are looking to find gold ingots for sale, our website offers information on this subject as well.
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American Eagle gold bullion coins proof set is a great way to not only enrich your numismatic collection but to also create a well-diversified portfolio at a very cost effective way. American Eagle gold bullion coins proof set finish is different than regular Gold Eagle bullion coins because they are manufactured specially for coin collectors that highly value coin’s appearance and finish. US Mint uses a special process that gives America Eagle gold bullion coins proof set a beautiful multi-dimensional image set at a breathtaking mirror-like background. This design is accomplished by letting proof coins go through a coin press that uses special dies for this purpose. Each coin from an American Eagle gold bullion coins proof set is painstakingly checked to meet the US Mint highest standards, carefully sealed in a protective capsule and placed inside a beautiful velvety case.
Gold bullion ETF represents an exchange traded fund that focuses on tracking the spot price of gold. If the price of gold goes up, the stock prices of your best gold bullion ETF will also go up. With that said, investing in the best gold bullion ETF of your choice makes a great alternative to investing in the physical gold bullion. It’s not a surprise that buying physical bullion comes with a headache of figuring out how to store your gold. If you decide to store your physical gold bullion at a bank’s vault or a safe deposit box, you will face hefty annual storage fees. You best gold bullion ETF, on the other hand, comes with a mere average of 0.5% of annual costs to cover fund management fees.
Gold stocks present another dimension of how to invest in gold market, specifically, gold mining companies. Gold penny stocks are stocks of small cap gold mining companies that do not trade at major stock exchanges and trade for the price of under a $1.00 or $5.00 in some cases. Gold penny stocks trade through so called pink sheets or over the counter system.
Let’s be honest, it’s expensive to own physical gold bullion if you take into consideration annual storage fees banks charge you for renting their safe deposit boxes. In addition, once you decide to sell your gold bullion bars, you might have to pay again for having your bars assayed and tested for purity. Bottom line, extra costs add up and, frankly, might take the sense out of investing in physical gold. However, do not get discouraged, since there’s a good alternative to investment into physical bullion, a gold ETF (Exchange Traded Fund).
Silver mutual funds present another risk diversified dimension of silver investing to add to your portfolio apart from silver bullion investment that focuses mainly on purchasing physical silver and silver ETF that deals with “paper silver”. By definition silver mutual fund is a pool of investor funds that makes its objective to invest into shares of various silver mining companies and is considered less volatile compared to investing in a single silver mining company.
When buying physical gold, we have all heard of 1 oz gold bullion coins and bars, but have you considered a 1 oz gold bullion wafer to add to your precious metals portfolio?
Precious metals mutual funds present a great risk diversified way to invest in mining stocks and help you take advantage of another dimension of precious metal investment. Gold or silver mutual funds focus on buying shares of various companies involved in precious metal exploration, prospecting and mining. The performance of precious metals mutual funds is not directly linked to the precious metals prices but to the financial performance of certain mining companies they invest into.