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June 2, 2009 - Gold bullion is currently increasing in popularity because American investors are flocking to bullion products due to their low premium above the spot price, which makes it easier to purchase and sell in an instant, and today I would like to focus on COMEX bars because they are the most popular bullion bars available to American investors. COMEX bars are simply any bullion bars that are approved for trade in the United States by the Commodities Exchange division of the New York Mercantile Exchange. Some of the most popular COMEX bars are the Pamp Suisse, Credit Suisse and Johnson Matthey products. It’s very important that you understand that the majority of modern day bullion products consist of pure .9999 gold (24-karat). This high quality makes the bars highly sought after by investors who seek the purest form of gold in their possession at all times. If you would like further information on investing in bars or coins, don’t forget to check out the bullion section of Gold-Investment.info.

By around 2:15 PM Eastern Standard Time, the gold spot price is headed right back up into the green as more and more wise American investors are flocking to precious metals with hopes of preserving their hard-earned wealth during this financial crisis, and this significantly higher safe haven demand has pushed the daily market spot price up to $981.50 per ounce, increasing $6.90 for the trading day and also increasing $91.20 in the last 365 trading days.

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Arthur McGuire

Senior Staff Writer - Gold-Investment.info