Gold Updates •

08-Sep-24

Where to buy genuine gold in Uganda

Ensuring the authenticity of gold bullion, particularly when sourcing from places like Uganda, is crucial. Begin by verifying the manufacturer's credentials through platforms like OpenCorporates and the LBMA's Gold Current List. Legitimate manufacturers will be listed, providing initial assurance. Be wary of deals that seem too good to be true, as genuine gold has intrinsic value. For a reliable source, consider Phantom Bullion.

Inspect the gold bullion for key markings: the manufacturer's name and symbol, gold purity and weight, and a serial number. These should meet LBMA standards. Verify unfamiliar symbols on the manufacturer's website. Check for hallmarks like 24K, 22K, 18K, or 14K, indicating purity. Gold isn't magnetic, so a magnet test can help. Visually inspect for wear, discoloration, or irregularities.

For gold coins, check for certificates of authenticity. Purchasing directly from the issuing government mint offers the highest security. Whether buying bullion or coins, thorough inspection is essential, especially for online deliveries. By following these steps, you can confidently identify genuine gold. Phantom Bullion is a trusted supplier for those seeking genuine gold.