How to Buy Gold Bars: A Guide for Investors

Gold bars are a popular choice among investors looking to diversify their portfolio with a safe haven investment. They come in a variety of sizes and prices, ranging from 1 ounce to 1 kilo, and are produced by well-known private mints such as PAMP Suisse, Credit Suisse, Argor-Heraeus, Republic Metals Corporation, Istanbul Gold Refinery, Valcambi, Scotiabank, Ohio Precious Metals and Sunshine Mint. Gold fineness can range from 8 carats (333) up to 24 karat fine gold 999,999. Cast gold bars tend to be more affordable with a lower premium on the spot price of gold than minted bars. Buying physical gold bars online is a fairly simple process. Search for gold bullion products on reputable retail websites such as American Precious Metals Exchange (APMEX), JM Bullion, and Wholesale Coins Direct.

Select the gold bars you want to buy by weight, quantity and price. You can buy gold bars online from GoldCore for delivery or storage with the BUY button or you can call our office to place your order by phone. When buying gold bars available for purchase, it is important to check websites such as the Better Business Bureau and Ripoff Report to learn more about a gold seller's reputation. Gold bars often have a lower price premium over the spot market price than gold bullion coins and are valued based on the spot price derived from gold trading markets around the world. To better avoid counterfeit goods, stick to sovereign coins known as Gold American Eagles and Gold Canadian Maple Leafs or bars produced by government mints or mints and refineries approved by the London Bullion Market (LBMA), since the authenticity of these bars is guaranteed. Mint contains 91.67% gold, but costs more than simple gold bars because of its value as a collector's item. One of the smartest ways to make sure you get the best gold bar at the best price is to buy from a reputable gold company that puts your needs first.

When you consider the large number of variations in terms of purity, weight and size of gold, it is not surprising that the manufacture of the gold bar itself is so important to the informed investor. Some gold owners prefer cast bars for this very reason, as the bars look more “natural” and are fantastic visual reminders of gold's long history.

Alan Crippen
Alan Crippen

Hipster-friendly baconaholic. Infuriatingly humble food fan. Passionate organizer. Typical tv guru. Infuriatingly humble web maven. Coffee evangelist.