Gold Bullion is the newest gold coin version. Formerly, this kind of gold coin used as taxes payment in Sumer and Eighty eras at 359-336 BC. The people realize that gold and silver has hold out price. Hence, both of them are suitable for future investment. Now, gold is still something valuable. Therefore, many people use gold and silver as investment. Price of gold fixing becomes something important for any participants. In 12 September 1919, gold price happened. NM Rothschild & Sons became the central place of fixing decision of gold price. Hence, it is the first time the gold price fixed.
In that meeting, there certain points that gotten by five participants. It is true that gold prices fixing are very important to consider because there an increasing number of gold coin devotee. Deutsche Bank, Scotia-Mocatta, Barclays Capital, HSBC and Society Generale really work hard to make clear decision of price of gold. Then, May 5th, 2004, the gold spot fixed. If you realize that, all the process happened via telephone.
The reason is that telephone is the major technology of communication at that time. However, today you can enjoy some gold bullion as your new investment. Spot gold has founded and this kind of gold emerged.
