The common practice of a budget investor is to save a certain amount for a certain period of time before they start to diversify in commodities and the market in general.Even though we recommend buying precious metals whenever you are capable of doing so, it is highly recommended to save enough to buy in bulk.
The benefit of buying bars with heavier denomination is that not only is the price lower but your profits will significantly increase by the gram.
Buying coins and bars of higher denomination costs cheaper per gram as compared smaller denominations because while making coins and bars there is always a weight tolerance. If you are buying a 1000 Gram bar you would want 1000 Grams of content but it is certainly possible that you might get 999.8 Grams or 1000.2 Grams, once the bar is weighed it has to be rounded to nearest decimal for precision. The ± sign is used to denote the weight tolerance, there is a chance that your bar may be above or the below the mentioned weight, but that does not happen.
Casted Bars: Casting is a very ancient method of making bars by pouring liquid metal into molds, the bars are cheaper to make and also cheaper than minted bars. You might not get intricate designs while purchasing casted bars but you can certainly hold them in your hands without any issues.
Minted Bars: Minting is a much modern technique to make bars, but it is lengthy process with many steps, that is why they are much costlier than casted bars. The shine on minted bars is much better and you can always find minted bars with intricate designs.
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