Gold biscuits are a type of gold bar that is manufactured using a stamping process. For the most part, gold biscuits are not a bad investment, but there are better ways to own gold. If this is your first experience in the gold market, you need to be aware of the fact, that gold biscuits will not appreciate in price over what the gold that is within them is worth.
In certain instances, gold coins can do just that. Unless you plan on purchasing a very small quantity of them, there are other considerations you need to take into account before you move ahead with the process. First, where are you going to store them? The best place will be a banks safety deposit box if you do not acquire too many of them.
The worst place is in your own home, because sooner or later somebody will find out about it, and your house will become a prime burglary target. Second, you should ask yourself if you are going to insure them or not, and at what cost?
Today, there are an almost unlimited number of places that you can buy gold biscuits from. If you live in a large enough city, more than likely there is a local gold dealer that has them. On the internet there are numerous websites that are run by gold dealers that sell them. You can also buy them from other individuals that are selling them online from various auctions sites.
Gold biscuits are not the worse way to invest in gold, but they are not far from it. There are costs associated with holding them that can and will cut into your profits when you do decide to sell them. In addition, there are security risk evolved with just possessing them.