No country in the world has 100 percent pure gold with absolutely no other alloys added—a goal that’s virtually impossible to achieve, given how soft this precious metal is in its natural form. The purest type of gold available is 999.99. Below, the precious metals experts from First National Bullion and Coin, the best place to buy gold in Scottsdale, take a closer look at some of the countries where you’ll find a wider selection of gold that’s very close to the highest possible purity level.
The Emirate of Dubai, UAE
According to financial marketplace Policybazaar.ae, the Emirate of Dubai (an independent city-state in the United Arab Emirates) is the best place in the world to buy pure gold—or the highest purity available on the market today, given what was mentioned above about gold in entirely pure form. The UAE has long had a reputation for being a place where gold of exceptional quality can be sold and traded, with impressive selections available.
More than half of the world’s gold production involves jewelry, which is by far the most common and popular solid form of gold on the planet. If you prefer gold jewelry in its purest form (24 karat gold) the UAE also ranks at the top, given how widely available gold jewelry is in this country. In fact, you’ll find many stunning pieces on display in shop windows here.
But this doesn’t mean gold from this country will always have a hefty price tag. It’s often possible to come across decent rates for high-purity gold from the UAE, depending on what’s going on with the gold market and other factors that play a role in determining gold prices.
Other Countries with High-Purity Gold
The UAE isn’t the only country known for having higher quantities of high-purity gold. Some other well-known hubs for higher quantities of nearly pure or extremely high-quality gold include:
India has a long history of paying close attention to the purity and quality of gold in practically all solid forms. Plus, the purchase of gold here is one of the most common practices in major port cities, such as Kochi.
Thailand has gold of high purity that’s fairly readily available. However, it’s advised that you do your homework first to make sure you make purchases from reputable sellers who are up front about purity and quality.
Given this country’s reputation for attention to detail in chocolate production, it shouldn’t come as a major surprise that the Swiss also have an appreciation for highly pure gold. What’s more, the high-purity gold sold and crafted into solid form here is known for its ornate features and designs.
Highly Pure Gold Coins
If you have a preference for gold coins of high purity, look for ones with a stated purity of .9999. Coins of this purity are produced in many countries around the world, including Australia, Austria, Canada, Israel, Kazakhstan, Malaysia, New Zealand, Poland, and the United States. It’s usually specific gold coins minted by these countries that have the highest available purity. In the United States, the purest gold coin you can purchase is the American Buffalo coin.
For information on any aspect of buying, selling, and owning precious metals, call on the experts at First National Bullion and Coin. If you’re looking for a trustworthy Scottsdale gold and bullion dealer, you can rely on us. We’re a boutique precious metals firm staffed only by experienced professionals. For expert guidance on the smartest ways to buy and sell precious metals, call us today at 480-546-8928.
The statements made in this blog are opinions, and past performance is not indicative of future returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same in cash value depending on a variety of factors. First National Bullion does not guarantee, and its website and employees make no representation, that any metals for sale will appreciate sufficiently to earn the customers a profit. The decision to buy, sell, or borrow precious metals and which precious metals to purchase, borrow, or sell are made at the customer’s sole discretion.