Gold bullion bars are typically the lowest gold buying price option when investing in physical gold bullion. The most popular gold bar sizes are the1 oz gold bar, 10 oz gold bar, and 1-kilo gold bar. Thegram gold bars are also popular among our customers. Gold bullion bars can be minted from government gold mints like the Royal Canadian Mint (RCM) or private gold mints such as the highly recognized Sunshine Minting Inc. Buying gold bars is a popular investment for both new and experienced physical precious metal investors and long term gold bullion savers. Keep reading to learn more about our products.
Buying Gold Bars? | Why Our Customers Often Choose 1 oz Gold Bars
Gold Bars: Government Gold Mints vs Private Gold Mints?
One of the most frequently asked questions is, "What gold bar should I buy?". Gold bars are mostly traded based on their .999 fine gold content. Thus, the most important factor influencing gold bar prices remains the purity and the weight of the gold bar. However, it is also true that the more regarded and renowned the gold bar's mint is, the higher the price the product will fetch. For instance, a sovereign national mint, such as theRoyal Canadian Mint (RCM), is easily recognizable by investors worldwide. Their products are known to contain top-notch quality. Therefore, it's possible that a gold bar from the RCM, much like a gold coin, will be easier to sell back to a gold bullion dealer and get a better price than less known mints.
The same goes for highly praised private mints, such as PAMP Suisse or Valcambi. Investors will recognize their logo and fame all around the world so they should obtain slightly better prices as well.
Popular Gold Bars
Gold bars for sale can come in different designs. Some of them are so popular that the precious metal industry sees them as symbols of excellence. Others represent only limited-time offers. Below, you'll find the most popular gold bullion bars among our customers:
When talking about gold bar designs, the PAMP Fortuna gold bar is the cream of the crop when it comes to attention to detail. Every single bar features Fortuna - the Roman Goddess of fortune. PAMP Fortuna bars can weigh as little as 1 gram (0.032 Troy oz) and as big as 1 kilogram (32.15 Troy oz) of 99.99% fine gold content.
PAMP Suisse Cast Bars
Despite these gold ingots having no specific designs of their own, PAMP Suisse's logo engraved on them is enough testament to their high quality. They are usually available at 50 grams or 100 grams with .9999 fineness and could make for a great addition to your investment portfolio.
Credit Suisse Gold Bar
Credit Suisse gold bars might have a simple design - just the company's logo on the obverse side - but they stand in high regard across collectors around the globe. Valcambi, one of Switzerland's most well-known precious metals refineries, produces Credit Suisse gold bars.
Speaking of Valcambi, you can't go wrong with its dazzling CombiBar. The most common option is the 50-gram (1.60 Troy oz), 999.9 purity. The rectangular bar is sold as one 50-gram gold bar, but it can also be split into 50 individual 1-gram bars. Valcambi's brilliant technology makes sure there's no loss of purity or gold content when separating them.
Royal Canadian Mint Gold Bar
If you're looking for gold bars, the Royal Canadian Mint is one of the very few sovereign mints that issue such products. Its 999.9 purity is a phenomenal value for savvy gold investors. On the bar, you'll find the mint's maple leaf logo, together with its name in both English and French.
Sunshine Minting Gold Bar
The Sunshine Mint is one of the most prominent private mints in America. The gold bar's obverse side features the firm's popular logo - an American bald eagle in flight, with sunshine behind it.
Perth Mint Gold Bar
As one of the most highly accredited refiners worldwide, the Perth Mint seduces you with an unmatched combination of choice, design, and quality. You'll easily recognize the gold bar by its logo - a jumping kangaroo on the reverse side.
It is worth mentioning that the Perth Mint also produces a simple square-shaped, yet awe-striking, 1 ounce .9999 fine cast gold bar.
Most Popular Weights of Gold Bars
The most popular gold bar sizes among investors are usually 1-Troy-ounce and 10-Troy-ounce gold bars. Gold buyers also often purchase 1-kilogram (32.15 Troy oz) bars. The reason is that the weight, in combination with the singularity of a product - a single 32-troy-ounce bar instead of 32 individual 1-troy-ounce ones - gives them a better gold bar value. Gram bars are especially popular among new investors. They are more affordable and, thus, portray a better way into the bullion market.
Having said that, gold bars come in many more varieties than other precious metals like silver or platinum, for example. You can find gold bars for sale in the following weights:
Troy oz equivalent
0.016 Troy oz
0.032 Troy oz
0.064 Troy oz
0.16 Troy oz
0.32 Troy oz
1.60 Troy oz
3.22 Troy oz
8.04 Troy oz
16.08 Troy oz
32.15 Troy oz
Is buying gold bars a good investment?
Most gold investors purchase gold bullion bars instead of coins when they are looking to acquire the most gold ounces for their money. Gold bars typically do not carry any collectible value and their purchase price is heavily dependent on the producer, purity, and overall weight of the gold bar.
What is the gold spot price?
When purchasing gold bullion like gold bars, the product price will always be determined by thegold spot price today as well as the premium for the specific product you are purchasing. These two numbers combined will equal the total amount for the product you are looking at purchasing. While each product carries a different or unique premium price (the dealer sets this based on premiums received from wholesalers) the gold spot price is a third-party price set by the markets that all dealers trade on, such as COMEX and the New York Mercantile Exchange.
Where to buy gold bars?
You can buy gold bars from brick-and-mortar gold dealers, or from online retailers, such as SD Bullion.
At SD Bullion, we believe in doing business the old-fashioned way. World-class products, the best bullion prices, with industry-top customer service. Buy your lowest price guaranteed gold bullion bars with fast discreet delivery any time here at SD Bullion.
How to sell gold bars?
You can liquidate your gold bars by selling them to a gold dealer. Consider selling your physical bullion to us here at SD Bullion. Our agents are constantly buying and selling a wide assortment of Gold, Silver, Platinum, and Palladium precious metals products. At SD Bullion, we value your investment and offer you industry-leading rates. Check out ourbuyback page for more information