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African Gold Trade: An Introduction


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One of the largest suppliers of gold to the world markets is that of Africa. Every year, thousands of kilograms of gold are mined out of the country by the locals, sold to dealers in South Africa who in turn refine the ore and take it to Europe to sell at trade fairs. Because of the amount of gold mined in Africa, in recent years a number of African gold trade fairs have been opened up to investors from all around the globe.

The African gold trade and in particular, the ghana gold trade, is the heart of the industry with the vast majority of both gold as well as diamonds coming out of the country. There is definitely some money to be made if you can get your hands on some of this gold before it hits the open market. Many investors even make their way to Africa to place their orders ahead of time in order to get it at the lowest prices possible. As any investor knows, you have to buy low and sell high to make a profit and getting your hands on this precious metal at the lowest prices always means a great investment.

Sure you can go down to your local coin shop to pick up some gold, but that is only if you plan on holding on to it for a long period of time as a collection. For those wanting to invest in this precious metal, that is most definitely not the way to go. The local shops charge you more then the spot price while simultaneously paying less whenever possible. This means that if you want to make a profit, the value per ounce literally has to sky rocket.

However, when you can get it below the spot price, you can make a quick and healthy profit. This is why so many people who are truly serious about investing deal directly with the African gold trade where they can get the most profit for their investment.

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