GMRgold Blog

Investing in an expensive commodity such as gold can be nerve-wracking because you want to make sure everything goes smoothly. Here is a list of the basic steps that can reduce the risk of scams: Seller Information The very first thing you should do is jot down a list of sellers and compare them so that you are left with only reliable sellers. Next to every seller, mention basic details such as their name, address and most importantly, their website handle or location if they run their own...

In case you are the owner of more than a few gold coins and are looking into selling them, then you are probably stuck on the very first step, i.e. where to liquidate your assets. Getting Your Gold Coins Ready Don't make the mistake of touching your coins. Keep them in the case as touching or even cleaning can cause damage to the coins. Take time out to gather all relevant paperwork that came with the gold coins, including certificates or any other official receipts. Which Gold Coins Do You...

Buying gold in wholesale refers to purchasing gold, in various forms, in bulk, and selling it again once the prices rise. However, realistically, everyone is not capable of buying gold in huge quantities due to the high price of gold. However, several other factors also contribute to it, such as transport and storage issues. Most wholesale buyers of gold are companies, not individuals, so they store it in bank vaults and other secure places. When buying gold in wholesale, all factors narrow...

Also known as the Uruguay 1930 Constitution Centennial 5 Peso NGC MS-62 Gold Coin, the Uruguay 5 Peso Gold Coin is a highly demanded coin by collectors all over the world. It first made an appearance during the Great Depression for two primary purposes. The Uruguay government launched it to commemorate the 100th anniversary of the republic. Moreover, it was an attempt by the government of Uruguay to boost their declining economy, as the effects of the Great Depression were quite evident in...

In 2009 the US dollar fell sharply before going up but it couldn?t sustain the price and fell one more time in 2011. As a result, banks, who were once eager to sell gold, started buying it abruptly in an attempt to lower their reliance on the US Dollar as their reserve currency. They intended to convert all their cash to gold. This was a time when gold was expected to rise to 2000 US Dollars due to more countries showing interest in the shiny metal. This was predicted by Robert McEwen, the...