It is recommended to acquire some knowledge about gold when buying and selling. The standard weight for gold is based on the Troy ounce (31.1 grams, coming out slightly heavier than a standard ounce). The Troy ounce is a standard measurement system, and is required since gold is a universal material. A 100 Troy ounce bar of gold is not the same as 100 ounces of corn. The difference between the two measurements differ when you buy gold.
Why would someone want to invest in gold? This is because unlike paper currency gold has maintained its value throughout the ages. People see gold as a way to pass on and preserve their wealth from one generation to the next. Going as far back to ancient times, people have valued the unique properties of the precious metal. It is also good to know when hurricanes strike or natural disasters, gold doesn't corrode and can be melted over a common flame, therefore, making it easy to work with to mold or cast into coins.
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