Where to buy gold coins in Namibia?

Which bank is selling gold coins?

Both Union Bank customers as well as non customers can purchase Gold Coins from our branches. Union Bank customer can buy gold coins by issue of cheque from their accounts or provide a debit instruction. Non-customers can deposit cash for purchase of Gold Coins if the value is less than Rs. 50,000/-.

Can I buy gold coins from Jewellers?

Though jewellery purchase is a popular form of gold investment in Namibia, gold coins can be purchased too. But before you buy one, keep these pointers in mind: Check the purity of the coins which will reveal the quantity of carat gold used in its making.

How much is a gold coin right now?

The current ask purchase price for a one ounce American Gold Eagle is: $1,926.30* and the current Monex bid selling price for one ounce Gold Eagle coin is: $1860.1.

Is it better to buy gold coins or jewellery?

Buying gold coins is relatively more accessible and cheaper in comparison to buying gold jewellery. They offer the option to purchase the purest form of gold in the lowest weight of 0.5 grams with lower making charges as compared to ornaments that mostly have higher making charges depending on their craftsmanship.

Is buying gold coins a good idea?

It is not just a low-risk investment option but also offers better security, hence making it a stress-free way of investment. Gold is said to be a tangible asset and has always commanded a good market value for centuries. Hence, buying gold coins for investment lets you stay assured of good future returns.