The 10g Gold bar is produced by Swiss refiners Metalor and recognised by the LBMA, and can be traded anywhere globally. Each brand new bar contains 10g of fine gold and comes in a sealed, tamper-proof credit-card-sized package with a unique serial number and certification, for security and buyer confidence.
Please note that on occasion, you may receive an alternative brand of the bar if Metalor is out of stock. Brands will be of equal purity, reputation and presentation. Examples would be Credit Suisse, UBS, Heraeus or Perth Mint
As a brand, Metalor hits the sweet spot for investors. Swiss manufacturers have an unrivalled reputation in this space for producing quality, high purity gold bars. That reputation provides the buyer with peace of mind, but also the reassurance that it will fetch a good price when selling. The sealed packaging with serial number provides further comfort of authenticity and provenance. As one of the most popular gold bullion brands, Metalor bars are mass-produced and have better value than competitors like Pamp, who charge a premium.
As a gift for a friend or family, it provides a unique and impressive choice, but also a thoughtful one to encourage children to start building a nest egg for their future. The 10g gold bar affords a talking point as recipients are always keen to show it off.
As an investment, its cost-effectiveness will depend on the size of the overall outlay. For any investor with £1,000 or more seeking efficiency, and as much gold as possible for their money, it may be a wiser choice to buy larger gold bars that reduce the price paid per gram (such as 100g gold bars). There are also price reductions if buying larger quantities of 10g bars in any one purchase. Therefore it may be wise to accumulate cash to buy as many as possible in one go to achieve discounts.
The disadvantage when buying larger bars like the 1kg gold bar is one of a lack of divisibility. Even if you’re certain you won’t need to sell part of your portfolio for several years, owning just 1 large piece of gold doesn’t afford you to sell a portion of your investment, even if circumstances change. Physical Gold always recommends striking a balance between overall cost and owning as many pieces of gold as possible. Buying silver bars is a viable alternative, with a 1KG silver bar being an alternative investment strategy.
At 10g in weight, the other main investing alternative would be the Gold Sovereign coin, which is 22 carats and provides 7.32g of gold. We compare gold bars versus gold coins here. Generally, while Sovereign coins aren’t packaged impressively like the Metalor bars, they can be bought at lower premiums and have the advantage of being Capital Gains Tax free.