Regarding the Rand Refinery
Located in Germiston, South Africa, Rand Refinery was established in 1920 and has since grown to become one of the largest and most reputable gold refineries in the world. It has processed more than 50,000 tons of gold, which is almost one-third of the total amount of gold that has ever been mined.
- • Rand is also the only company that refines the South African Krugerrand , which is widely thought to be one of the most famous gold coins in the world.
- • The quality, integrity, and worldwide standards of their gold bars are consistent with those of their other products, particularly the 100g type.
The Global Recognition of Rand Refinery
There are a few key reasons why investors like Rand Refinery bars:
- • The refinery has been granted accreditation by the London Bullion Market Association (LBMA).
- • It satisfies the requirements of Good Delivery that are recognized all over the world.
- • For more than a century, it has been perfecting its craft.
- • This effort is supported by the government, which lends it even more legitimacy.
- • When it comes to trustworthiness and transparency, Rand stands out above the others, whether you are monitoring the gold live market or comparing different products.
Should You Make a Purchase Right Now?
It looks like the price of gold will go up a lot over the next few months to years. This is because gold always does well, even when things aren't clear. More and more investors are putting their money in gold bars and other real assets to protect it from inflation and currencies losing value.
Besides that, the silver or palladium prices , and other valuable metals, can change in bigger ways. Gold, especially 24K gold bars, on the other hand, is a safer way to store value.