Buying Gold Bullion.?

I am looking at buying a 1/2 oz .9999 PURE GOLD BULLION BAR. This will be the first time i have purchased gold. I wanted to know. This time i am going to buy this as a gift for my wife to have jewellery made from it and in the future for investment. Would this type of purchase be ok for converting to jewellery? Another question about the same bullion. Generally what grade of gold is sold in bullion form. 9ct, 18ct, 24ct.

Public Comments

1. A half ounce bar would make a decent piece of jewelry but a lousy investment. 30 years ago, gold was selling for about $800 per oz. US savings bonds would be a safer investment.
2. 24ct. It would be an Ingot not a bar. If you have any jeweller friends they can get it at a pretty good price.
3. Don't listen to the idiot who says gold isn't a safe investment. Nothing backed by Federal Reseve (central bank) fiat currency is worth the paper it is printed on. That is what inflation is, the value of the money in your pocket being stolen by the bank printing more and more paper. Sounds like you know that already, bullion is typically 24 karat, although some of the older coins may be 22 karat. The 22 karat coins are typically 32+ grams so they still contain one troy ounce of gold. Ingots, bars, and coins are all bullion. Don't waste your $$ buying bullion for a jeweler. He buys it from the refinery cheaper than u can.