What is the difference between craft gold bars and investment gold bars?

Mondo Finance Updated on 2024-01-31

Investment***

As an important one, it not only has an aesthetically pleasing appearance, but is also widely used for investment and jewelry making. As 2023 continues to rise, demand has also grown a lot, with the Q3 Global Demand Trends Report released by the World Association showing that Q3 demand (excluding OTC transactions) was 1,147 tonnes, 8% higher than the five-year average. In the third quarter, the demand for gold bars and gold coins also reached 296 tons, which shows the charm of **. In the market, we often hear about the concepts of craft gold bars and investment gold bars. What's the difference between them?

First. About craft gold bars.

Craft gold bar is a more classic gold bar category, refers to the art crafts made of **, mainly for the purpose of viewing and collecting. Craft gold bars usually use fine carving, inlay and other processes, and in view of the ornamental and collection attributes of craft gold bars, they are generally used in the production of gold and silver jewelry, such as high-temperature blue, calendered edge and other production processes, to produce a variety of unique, exquisite jewelry. Craft gold bars not only show the purity and preciousness of the first, but also incorporate the designer's creativity and skills, so compared with the investment gold bars, the craft gold bar pattern is more exquisite, and some surfaces also have the highest high-grade grain texture, and the gold surface is relatively stable, which is due to the fact that the craft gold bar pays special attention to the gold surface trimming and polishing in the casting process, which makes the craft gold bar more beautiful visually.

Compared with investment gold bars, the selling price of craft gold bars often includes factors such as production process and design costs, so it is relatively high. The value of craft gold bars mainly comes from their artistic value and collection value, so the selling price of craft gold bars is mainly based on the market itself, and then according to the weight and purity of the gold plus the process fee.

Second. About investing in gold bars

Investment gold bars are the "rougher" of the gold bar category and the closest to the gold price. Refers to gold bars made with ** and used exclusively for investment purposes. Investment gold bars are mainly used by investors to invest and store wealth. Because the investment gold bar is generally manufactured by the standard ** molding process, such as mold casting, hydraulic casting, die-casting, etc., and then laser or carving knife lettering, and the first exchange of raw material gold, investment gold bars are less finely processed, there is no other special processing process, the appearance is simple, and its production cost is relatively low.

The investment gold bar is close to the value of the raw material itself, which is a hard currency, and the internal and external fineness is consistent, which is easier to identify, easy to identify, and more investment-oriented. Different from the well-made craft gold bars, the surface texture of the investment gold bars is soft, it is very easy to leave scratches, and the gold is closer to the heavy pure gold than the gold of the craft gold bars, which is a normal phenomenon, does not affect the gold content, gram weight, and has no quality problems. The selling price of investment gold bars is mainly determined by the gold content of the gold bar itself and the international gold price.

Third. Comparison of similarities and differences between craft and investment gold bars

1.Different uses: Craft gold bars are mainly used for viewing and collecting, while investment gold bars are used for investment and wealth storage.

2.The production process is different: the process gold bar is made by fine carving, inlay, high-temperature blue, calendered edge and other production processes, while investment gold bars are usually relatively simple to ensure the purity of the first.

3.The selling price is different: the price of craft gold bars is usually higher than that of investment gold bars, due to the addition of craftsmanship and artistic value, and the selling price of investment gold bars is mainly based on the market itself. Prices are based on the weight and purity of gold.

Whether it is craft gold bars or investment gold bars, they all have the rarity and value preservation of the best. Investors should weigh their own needs and purposes when choosing to buy. If you're looking for artistic value and collectible significance, then craft gold bars are a great choice;And if you're more interested in the potential for investment appreciation, then investing in gold bars may be a better fit for your needs. In addition, after buying gold bars, the gold itself will be oxidized by the air, which will cause the gold bars to turn black. Therefore, when storing, it is best to seal it, and the easiest way is to use plastic wrap to seal it with three layers of film, which can effectively avoid golden blackening, rust spots, etc. And when storing, you should also be careful not to store it with other hard objects or jewelry to avoid scratching.

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