Lakeshore Trading is a leading bullion dealer based in Johannesburg, South Africa.

1/10oz Gold Krugerrand

1/10oz Gold Krugerrand

1/10 oz. Gold Krugerrands – The South African Krugerrand is the world’s first gold bullion coin and remains one of the most popular gold coin ever minted. Released in 1967, the Krugerrand is still one of the most widely traded bullion coins in the world and an international symbol of wealth and prestige.

The obverse of the Krugerrand features the South African Republic’s first president, Paul Kruger. The reverse of the Gold Krugerrand depicts South Africa’s symbol, the Springbok Gazelle.

These smaller coins make it easy to diversify any portfolio with Gold bullion.

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    Product Description

    The 1/10oz Gold Krugerrand is the world’s first gold bullion coin

    1/10oz Gold Krugerrand – The South African Krugerrand is the world’s first gold bullion coin and remains one of the most popular gold coin ever minted. Released in 1967, the Krugerrand is still one of the most widely traded bullion coins in the world and an international symbol of wealth and prestige.

    The obverse of the Krugerrand features the South African Republic’s first president, Paul Kruger. The reverse of the Gold Krugerrand depicts South Africa’s symbol, the Springbok Gazelle.

    These smaller coins make it easy to diversify any portfolio with Gold bullion.

    Why Invest in Gold?

    Gold is a monetary metal whose price is determined by inflation, by fluctuations in the dollar and U.S. stocks, by currency-related crises, interest rate volatility and international tensions, and by increases or decreases in the prices of other commodities. The price of gold reacts to supply and demand changes and can be influenced by consumer spending and overall levels of affluence.

    Be Ready for Unexpected Needs

    If there is one thing of which we can be certain, it is that today’s status quo will not last for ever. Economic developments both at home and in the rest of the world can upset countries’ plans, while global shocks can affect the whole international monetary system. Owning gold is thus an option against an unknown future. It provides a form of insurance against some improbable but, if it occurs, highly damaging event. Such events might include war, an unexpected surge in inflation, a crisis leading to repudiation of foreign debts by major sovereign borrowers, a regression to a world of currency or trading blocs or the international isolation of a country. In emergencies countries may need liquid resources. Gold is liquid and is universally acceptable as a means of payment. It can also serve as collateral for borrowing.

     

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