FAQ

Gold is a precious metal, often used in jewellery, electronics, medicine and coins. Gold does not tarnish. Gold has a recognised value worldwide and is often a symbol of wealth and luxury.

The amount of gold measured within the gold object is called a karat. If other metals are added when melting gold, the number of karats decreases. Gold is measured in karats.

Gold is valued as the safest way to store and protect wealth. It is a timeless metal that has a proven track record of gaining value over time. 

Anyone can buy gold. Around the world, many governments, large companies, and the public own gold.

Gold can be bought in various ways, such as in jewellery, gold shares, gold bars or gold coins.

Coins celebrate milestones, achievements and historical events in that country. There are different types of coins that have a monetary value (such as Rands, Pounds, Euro etc) and then there are collectable coins that are often rare and not always in circulation as currency.

Face value is the amount depicted on the coin, for example a R2 coin has a face value of two rand.

A medallion is like a coin, but it does not have a face value (Like R10). Often, medallions mark momentous moments or events in time, making them an appealing choice to collectors.

Diversification is when you have many types of investments, in case one does not work out you would still have the others.

In 1967, the Krugerrand was made as the first and only way for the public to own gold in the form of coins. The proudly South African Krugerrand is the world’s most popular gold coin. It was sold for only R27 back in 1967, and today it sells for over R39,000.

Hedging is usually associated as an investment used to reduce the risk of another investment. Buying gold that is priced in US Dollars is therefore a South African Rand hedge.