The South African Krugerrand gold medal was the first gold coin contains exactly one ounce of fine gold, which makes them the best of the modern gold coins known. Indeed, gold Krugerrand coins have always been one of the best available low-cost coin of its kind on the market. There are thousands of Gold Krugerrand bought and sold on the Gold dealer stores or online everyday, making one of the most popular Krugerrand gold coins among investors and collectors. So what the Krugerrand price today? First coined in 1967 by the South African government, is the gold Krugerrand coin, the first coin to be valued at the current market value of 1 oz. Gold. In other words, the Krugerrand coin has no monetary value imprinted on it. Its value will contain the market value of an ounce of gold is 22 carat. Once the gold price fluctuates in the market, the price or value of the Krugerrand changes accordingly. For example would one ounce Krugerrand price was around $ 700, if the market value of gold is $ 700. If at the time when the gold price jumps to $ 900, one ounce Krugerrand prices up to $ 900 would be increased accordingly. In addition to the “spot price” above, you need to add the premium for gold coin if the estimate of the gold coin prices. Gold Krugerrand how Mexican Peso 50 gold coins, usually with a small premium of 5% to 10% depending on the coin sizes and quantities. Usually one ounce Krugerrand coins bear the smallest premium, while the smaller fraction sizes coins (1 / 2 oz, 1 / 4 ounce and 1 / 10 oz) cause higher premiums. Because of the recent turmoil in the global economy, in turn, more and more smart people into gold investments as a way to protect their personal wealth, instead of buying shares. The current market development shows that the Krugerrands could increase price further, making it a safe investment, especially for small investors. I recommend you check out KrugerrandGoldCoins. com. It is a specialized Krugerrand gold for sale on the spot and offers a wide selection of gold Krugerrand coins for sale. This web site makes finding your dream Krugerrand gold coin a million times easier. Be sure to try this website before you buy.