Gold bullion bars are typically the lowest gold buying price option when investing in physical gold bullion. The most popular gold bar sizes are the 1 oz gold bar, 10 oz gold bar, and 1 kilo gold bar. The gram gold bars are also a popular amongst 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.
Buying Gold Bars? | Why Our Customers Often Choose 1 oz Gold Bars
Most gold investors purchase gold bullion bars instead of coins when they are looking to acquire the most gold ounces for their capital. 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.
Gold Bars: Government Gold Mints vs Private Gold Mints?
One of the most frequently asked questions is, "What gold bar should I buy?" In addition to the size of the gold bar having an impact on overall price and premium above the fluctuating gold spot price, the gold bar’s mint may affect a gold bullion bar’s pricing slightly. A highly recognizable government gold bar may sell for a few dollars more than a like kind gold bar from a less recognizable privately minted gold bar when you decide to sell your gold bar back to a gold bullion dealer. A gold bullion bar guaranteed and produced by a sovereign national mint such as the Royal Canadian Mint (RCM) will typically have a higher premium or slightly higher price when buying, but government guaranteed gold bars typically receive a higher buy back premium when you go to sell your gold bar back to gold dealers or other investors. Similarly, a gold bullion bar from a highly recognizable private gold mint may sell for a slightly higher premium than a smaller less recognizable private gold mint. Live buyback prices for gold bars can be found online on the corresponding product page.
Price difference between National and Private Mints
Since gold bars are mostly traded based on their .999 fine gold content, the difference between a highly recognizable gold mint versus a smaller less recognizable gold mint is typically only a few dollars per troy ounce being bought or sold. The most important factor influencing gold bar prices remains the purity and the weight of the gold bar. Virtually all the gold bullion bars we carry are also allowed inside of Gold IRA's.
Popular Gold Bar Designs
Gold bars for sale can come in different designs. Some of them are so popular that the precious metals industry sees them as symbols of excellence. Others represent only limited-time offers. Below, you’ll find the most popular designs of gold bars:
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 of gold 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).
If you buy gold bars from the PAMP Lunar design, you’ll be getting your hands on one of the very few limited-issue options. The name Lunar comes from the animals from the Chinese Lunar Calendar that are placed on both the front and the back of the gold bars. The design is always different, and it depends on the year and the appearance of the animal on the lunar calendar.
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 gold bar for sale’s most common option is the 50-gram (1.60 Troy oz), 999.9 purity CombiBar. 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 the bars.
Royal Canadian Mint Gold Bar
If you’re looking for gold bullion bars, the Royal Canadian Mint is one of the very few sovereign mints that issues such. Its 999.9 purity is a phenomenal value for the savvy gold investor. 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 is on the reverse side.
Most Popular Weights of Gold Bars
1 Troy ounce and 10 Troy ounce bars are the most common weights of gold bars bought by investors. Gold buyers also often purchase 1-kilogram (32.15 Troy oz) bars.
That’s because 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 when considering the price of gold per oz in a singular 1-kilogram bar.
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:
- ½ gram (0.016 Troy oz)
- 1 gram (0.032 Troy oz)
- 2 grams (0.064 Troy oz)
- 5 grams (0.16 Troy oz)
- 10 grams (0.32 Troy oz)
- 50 grams (1.60 Troy oz)
- 100 grams (3.22 Troy oz)
- 250 grams (8.04 Troy oz)
- 500 grams (16.08 Troy oz)
- 1 kilogram (32.15 Troy oz)
Buying Gold Bars and the Gold Spot Price
When purchasing gold bullion like gold bars, the product price will always be determined by the gold 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.
Buy your lowest price guaranteed gold bullion bars with fast discreet delivery any time here at SD Bullion.