Koji Buys Gold
Koji visits an international bank to invest in gold bullion and protect his savings. In this lesson, you will learn how people buy gold, compare purity levels like 24K and 18K, and understand banking and investment English used by professionals around the world.
BUying Gold Vocabulary
Bullion
Gold shaped into bars for investment
Purity
How much real gold is inside something.
Karat (K)
A number that shows how pure gold is.
Investment
Using money to buy something that can grow in value.
Forex
Buying and selling foreign money.
Market value
The current price of something.
Buying Gold
Koji arrives at a large international bank to buy gold and protect his savings from changes in the global market.
Koji learns that 24K gold is completely pure, while 18K, 14K, and 10K gold contain stronger metals mixed inside.
Koji chooses a pre-made 100-gram 24K gold bar, and the bank records its weight, purity, and current market value.
The banker asks if Koji prefers gold bullion, certified coins, or another financial product such as foreign exchange trading.
The banker shows yellow, white, rose, green, and black gold, which are created by mixing gold with different metals.
Koji takes the gold bar home in a secure case, feeling confident that his long-term wealth is now well protected.
6 Questions
Why does Koji go to the bank?
To buy gold and protect his savings.
How are different colors of gold made?
They are made by mixing gold with different metals.
What choices does the banker give Koji?
Gold bullion, certified coins, foreign exchange.
What gold product does Koji buy?
He buys a pre-made 100-gram 24K gold bar.
What is special about 24K gold?
24K gold is completely pure.
How does Koji feel when he leaves the bank?
He feels confident that his wealth is protected.
Role Play — Koji Buys Gold
1. Banker:
Good morning. How can I help you today?
2. Koji:
Good morning. I would like to buy gold to protect my savings.
3. Banker:
Would you prefer gold bullion, gold coins, or another investment like foreign exchange?
4. Koji:
I am interested in gold bullion. What exactly is bullion?
5. Banker:
Gold bullion is pure gold shaped into bars for investment and secure storage.
6. Koji:
I see. What purity levels do you offer?
7. Banker:
We offer 24-karat, 18-karat, and 14-karat gold.
8. Koji:
Which one is the purest?
9. Banker:
Twenty-four-karat gold is completely pure.
10. Koji:
Would you recommend a 100-gram bar or a 200-gram bar?
11. Banker:
Both are good options, but the 200-gram bar has a higher total value.
12. Koji:
Thank you. I need to think about which size is best for me.
Conversation Questions
Why do people open bank accounts in foreign countries?
Is saving money easier or harder today?
What is the difference between cash and gold?
Do you think gold is a safe investment?
What documents do banks need from new clients?
Why is identity verification important?
Would you like a premium bank account? Why?
How do banks keep money safe?
What is a vault used for?
Do you trust online banking?
What is an asset?
How do people protect their wealth?
