What you are seeking for when you go to buy gold for gold’s sake, is a tradable and practical form of gold, gold bullion.
Gold bullion is a recognized fineness of gold that you can purchase for the current price of gold, weight, and a small percentage costs sustained in fabricating, refining, and shipping that bullion to you.
Ultimately, there is a misunderstanding of what gold bullion is. The corporate perception is that rectangular bits of gold bars are perhaps the only available, form of gold bullion and the most cost effective. The same thinking has it that gold bullion is not really round bits gold coins.
There’s a shared confusion that coins are expensive, limited in the supply, and perhaps, to some point, collectors’ items.
The word bullion has a very simple definition: stamped weight of precious metal and a refined one. We think of as gold bullion is the huge gold blocks that we imagine are stockpiled in Fort Knox.
You may remember seeing these huge gold bullion bars in movies such as the old James Bond movie Gold finger and Three Kings. Bars like these make up most of the world’s gold bullion owned by central banks and governments.
Particularly if you are going to store your larger gold bullion holding in a recognized assured precious metals storage facility, these huge bars are a proficient way to buy physical gold.