Gold Bars to Buy for Investment

Gold bars come as one of the best options if you want to buy actual gold at the most affordable price per ounce.

Gold coins may be more visually appealing, but the cost of making and packaging is high. On the other hand, gold bars are the industry mainstay that everyone purchases and stores, from casual investors to central institutions.

In other words, purchasing gold bars is a good investment if done correctly.

Gold versus Cash

Even if gold isn't used as money today, its value makes it superior to all other currencies. In actuality, gold has been used as money longer than any other kind of money.

Money's ability to act as a long-term store of value is one of its most important promises. This promise is more reliably kept by gold than by any fiat money.

But before we get into which gold bars are worth considering for your investment we recommend that you read a few things below that will help you become a smart investor.

Facts to Know Before Investing in Gold Bars

Optional weights

  1. When purchasing gold bars, buyers should think about how difficult or easy it will be to sell the bars.
  2. Gold bars are available in weights ranging from 0.5g to 1kg, with 5g, 8g, and 10g bars being the most common sizes.
  3. It's critical to consider your budget, investing objectives, and liquidity needs before making a choice.
  4. Higher weight bars are less expensive to buy, while lighter bars are easier to sell quickly.

Purity

  1. Of course, this is one of the main areas where one can get gypped, if not lose all of their invested money, if they neglect to pay close attention.
  2. Make sure you get what you want, and make sure the gold you are purchasing is pure. The unit used to determine the purity of gold is a Karat.
  3. The purer the gold is, the more expensive it will be, the higher the karat number. The purest kind of gold is thought to be 24 Karat gold.
  4. However, jewelry can only be made with extremely soft 24 Karat gold. Gold in 22 and 18-Karat grades is used to make jewelry. In the case of 24 Karat gold, all 24 components are made of pure gold with incredibly low impurity levels.
  5. If you are buying gold minted bars for investment purposes, purity is crucial.
  6. Be careful to choose hallmarked or LBMA-certified bars.
  7. Finally, we strongly suggest that you obtain a purity certificate while making a transaction.
  8. By doing this, you can be confident that you are getting your money's worth, and you will be in a better position to sell your minted gold bar.

Return Policies

When purchasing gold online, always verify the website or seller's return or repurchase policy.

The majority of the large gold chain companies now have online storefronts with return and exchange policies. In contrast to other things purchased online, gold has stricter restrictions and conditions for exchange. Therefore, it is crucial to thoroughly read the terms and conditions before choosing to make a purchase.

Ask important questions like, "Will the dealer buy back the items I bought from them?" Shop somewhere else if they don't have this policy in place. You want an assurance that there will be a buyer for your goods when you need to sell, in addition to the dealer still being in business. Another benefit of a repurchase program is that these retailers frequently provide consumers who have purchased from them with the greatest resale price.

Best Gold Bars To Buy:

Now that you know what makes you an informed buyer when purchasing, let’s proceed to where you can buy gold bars:

Valcambi Gold CombiBar

For more than 50 years, Valcambi has established a reputation as one of the most reliable manufacturers of gold bars.

European Gold Refineries Holding SA's fully owned subsidiary Valcambi produces Valcambi Gold CombiBars (EGR).

Despite recent declines from record highs, gold prices are still at historically low levels, which is encouraging investors to rekindle their interest in the precious metal.

Millions of individuals all around the world are turning to gold as an investment because they are concerned about the faltering recovery of the global economy.

The 50-gram CombiBar, popularly known as the gold chocolate bar, is highly distinctive in the world of precious metals bullion because it can be readily split into 1-gram pieces by hand.

Johnson Matthey Gold Bars

Another reputable brand and one of the most recognizable gold bullion bars in the world is the Johnson Matthey bar.

Johnson Matthey, a British corporation which bears the names of Percival Norton Johnson and George Matthey, was established in 1817 in London as a gold assaying business.

Unlike many companies that make precious metals bullion, Johnson Matthey has operations in a wide range of industries, including the automotive, pharmaceutical, and medical professions.

The company refines raw materials made of primary and secondary gold and silver.

These precious metals are refined by Johnson Matthey's Gold and Silver Refining division.

From refineries in Brampton, Canada, and Salt Lake City, USA, it supplies clients all over the world. The company's Canadian factory in St. Catharines also offers investment casting services.

Engelhard Gold Bars

Charles Engelhard established Engelhard over a century ago, and it first specialized on melting and refining precious metals.

Over time, Engelhard also produced high-grade silver, gold, and platinum bullion.

The Engelhard Mint was purchased by the German company BASF in 2006.

The most common weight categories for Engelhard Gold Bars are 1 oz., 5 oz., and 10 oz. weight types. Engelhard Gold Bars are made of excellent gold of the highest grade.

Engelhard bars also have a distinctive appearance. The Engelhard emblem, (the letter "E" in front of a globe or the "Eagle" logo), together with the bar's purity, weight, brand name, and serial number, may all be seen on the bar's reverse side making them easy to recognize.

Credit Suisse Gold Bars

Switzerland is the nation most closely associated with the worldwide banking industry.

Credit Suisse has extremely modest origins that conceal the strength and scope of this multinational financial organization, despite its role as a pillar of the banking community not only in Switzerland but also worldwide.

Investing in gold bullion has become quite common as the financial markets have fluctuated in recent years.

Individuals wishing to safeguard their financial holdings in precious metals are most likely to buy Credit Suisse gold bars. Credit Suisse gold bars are still a preferred option for investors today.

Precious metals are one of the various investment and banking alternatives that are accessible to consumers at banks all around the world.

The value of Credit Suisse gold bars at the moment of purchase depends on their size and weight, with a large selection of options available. Credit Suisse offers gold bars in quantities ranging from one gram to ten ounces.

Closing Thoughts

You can hold physical gold in your hands if you purchase it, which is not possible with the majority of other investments.

Real gold can withstand fire, water, and even the passage of time.

Gold is physical, limited, and carries significant value. Gold may be converted to a currency with ease and is even portable.

One of the best formats for preserving money long-term is physical gold, because it can outlive printed money and still be in good condition to be used by any heirs in the near future.

Lastly, be a smart investor by purchasing from a reputable brand to avoid any issues and to ensure confidence in your gold investment once you begin.

Information provided on this website is general in nature and does not constitute financial advice.

Disclosure: The owners of this website may be paid to recommend Goldco or other companies. The content on this website, including any positive reviews of Goldco and other reviews, may not be neutral or independent.

GET MORE TIPS

Sign Up