Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

What is the difference between a Kruger Rand and Bullion Bars?

April 26, 2017bars bullion difference kruger Rand

0

Posted

What is the difference between a Kruger Rand and Bullion Bars?

1 Answer

0

Posted

A Kruger Rand and Bullion Bars are the only Gold Investment closely related to the spot traded price of Gold. Both are regarded as legal tender and as such can be traded with ease. The difference between a Kruger rand and Bullion Bars of Gold is the purity. A Gold Bar is 24carat or 99.9 proof (Gold purity) whereas a Kruger Rand coin is in the region of 22 carat which amounts to 91% proof (Gold purity).