Gold bars also called ingots or biscuits are a unique investment. Gold has been valued by civilizations for millennia, with a vast history of buying, selling, trading, and being used as a status symbol and a currency. Today, people invest in gold bars for both historical and financial factors. Let’s take a closer look at this interesting form of gold investing.
1 oz. Gold Bars
Gold bars are a tangible asset that has withstood the test of time and has been the primary investment vehicle used to invest in gold bullion. Gold bars are produced in various weights, and by different mints, to meet the needs of different investors. Gold bars typical have a lower premium than their gold coin counterparts and are almost always with 99.9% gold. Smaller 1 oz. denomination gold bars are ideal for investors who desire to diversify their portfolios with gold bars that are easier to purchase due to lower costs as compared to larger bars. 1 oz. gold bars are the most popular gold bars in the gold market; however, all gold bars are highly liquid. Some reputable gold bar producers include Credit Suisse, PAMP Suisse, the Perth Mint, and the Royal Canadian Mint. All of the listed gold bars below are composed of 24 karat, .9999 fine gold.
Gold Bars provide investors with a cost-effective way to own gold at a lower premium. The absolute standard for gold purity in the bullion market is .9999 pure gold. Gold bars are often the first thing that comes to mind when considering gold bullion, and with good reason. Gold bars are found in a variety of sizes and designs. 10 oz. gold bars are popular with investors as they provide a larger amount of high quality gold with one easy purchase. Gold bars are produced by private mints and government mints around the world, including Johnson Matthey, Credit Suisse, PAMP, and the Perth Mint.