Certified Gold Bullion Posted by James Randolph on December 28, 2009
Certified gold bullion is a time honored, secure investment of lasting value. Certified gold bullion will hold its value, measured as purchasing power, when a nation’s currency falls to its knees. Because gold bullion is often held for many years, if not for a lifetime, it is important that the weight and purity of the gold be accurately known when purchased. This is the point of certifying gold bullion.
Although it is possible to produce coins with gold plating this is not necessarily a danger in buying gold bullion. In such a case, the weight of the underlying metal per unit of volume will be significantly different that that of gold, making counterfeit gold easily discoverable. The reason for certified gold bullion is to be assured of purity and absolute gold content for it is the gold content that holds the value of gold bullion whether coins or gold bars.
There are many means of verifying gold content and purity of bullion. Basically, finding out the purity and multiplying by the weight will give the gold content. Finding purity is done by a number of means starting with a fire assay where a tiny sample is removed, weighed, melted, the impurities removed, reweighed, and returned to the original bullion. Other techniques include ICP (Inductively Coupled Plasma Spectrometry) and x-ray fluorescence.
The certification of the gold content of bullion is best done by professionals with the experience and expertise to produce standardized, reproducible results. Obtaining certified gold bullion through reputable agents such as Certified Gold Exchange assures the buyer that the gold content and value of the bullion is precisely what it is supposed to be.
Senior Staff Writer – Certified Gold Exchange