Should I Buy Krugerrand Gold Bullion Coins Now?

Krugerrand Gold Bullion CoinsA lot of novice gold investors are asking again and again whether they should be buying Krugerrand gold bullion when the price of gold is so high (as of March 31, 2011)? Generally speaking, you want to stick to the conventional investment wisdom and avoid buying gold Krugerrands or any other gold bullion products while the spot price of gold is within its historically high ranges. However, a lot of investment gurus strongly believe that the price of gold has not yet reached its absolute maximum and there’s still room for gold investors to get in by buying Krugerrand gold bullion coins.

In addition, it’s important to mention that the world is facing a serious gold shortage crises due to so many mining sites across the globe having exhausted their gold ore resources and tremendous gold bullion buying demands. With that said, under the special circumstances with global gold shortages in sight and economic recovery not likely to happen in the near future, it’s still possible to recommend buying South African gold coins.

For investors considering Krugerrand gold bullion coins, there’s so much going for them: low premium costs, high liquidity and excellent quality of Krugerrand gold coins. If you buy several Krugerrand gold bullion coins, you can save even more money in transaction costs and qualify for special wholesale pricing. Check with your gold bullion dealer whether he offers wholesale gold bullion purchases and what minimum purchase you need to meet.

Starting back in 1980, South African Krugerrands have been minted in smaller sizes, namely, 1/10, ¼ and ½ of a gold ounce. These smaller size gold coins are especially popular among individuals buying gold bullion coins for survival purposes making them indispensible to barter goods in harsh economic times.

If you would like to read about Krugerrand gold bullion coins mintage facts, scroll over to check out our other articles on this topic.