What are Krugerrands?

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What are Krugerrands?

Krugerrands are gold bullion coins that are minted in South Africa. They are quite well recognized and are traded internationally. Krugerrands were first minted in 1967 in the Republic of South Africa. They are still used as a legal tender in the country.

* What are the advantages of Krugerrands?

  • Lower cost
  • Easier trading of gold
  • Incremental Investments 
  • Hedging the Rand 
  • Status of a legal tender


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