This 1oz gold bar is produced by Swiss refiners Metalor and recognised by the LBMA, this brand-new gold bar can be traded anywhere globally. Each bar contains 31.103g (one ounce) 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. Buying gold bars is usually the choice for those investors seeking as much gold for their money as possible.
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. Don’t forget we also sell silver bars, with silver investments you will receive a lot more “metal for your money” due to the gold/silver price ratio – we recommend a 1KG silver bar as a good investment opportunity.
Our expert opinion
The 1-ounce gold bar is the only one we sell that is not based on the metric system of grams. Traditionally American markets tend to be more comfortable in ounces, while European markets base weights off the metric system. However, in today’s globalised market, the 1oz gold bar is as liquid and recognisable anywhere in the world, especially with spot prices quoted in both ounces and grams. The weight of the bar also lends itself to an easy comparison with the popular 1-ounce gold bullion coins, like the Britannia.
1 ounce gold bars tick a lot of boxes
This bar is a great way to get started in the world of gold. Its relative affordability compared to some of the larger bars, means it’s a popular choice for many but is large enough to feel satisfying. It’s also the first bar size to offer more compelling value than the really small gold wafers. Because of its Swiss heritage and quality manufacturing, the 1oz gold bar will always fetch a high resale value and will appeal to those who want gold to be certified and encased.
If gold bars are your focus, then the total amount you wish to invest should be considered when you select bar size. Price reductions are offered both for the number of bars, but also as the weight of bar increases. For instance, it would be worth comparing the overall cost of buying approximately 32 x 1oz gold bars, versus buying 1 x 1kg bar. You may find that the tiny bit more you may pay for the 32 bars is justifiable for the flexibility it provides if you wish to sell part of your holding, or indeed divide the gold amongst children and grandchildren. Or you may wish to consider buying gold coins instead.
If you’re seeking to invest a more significant sum, then variety is usually the key, as is tax efficiency. Buying a number of 1oz Britannias, for example, will provide excellent value, with the added bonus of your profits being Capital Gains Tax-free. If history also appeals when buying gold, it may be worth opting to purchase Sovereign gold coins which are pre-owned and cost more per gram than gold bars but are worth more due to their scarcity and numismatic value.
Orders are delivered free of charge within the UK only.
Delivery is in non-branded tamper proof packaging by Royal Mail Special Delivery and is fully insured. Delivery usually takes place before 1pm on the day following despatch, but some areas may run over this timeframe.
Maximum value per parcel is £50,000, so larger orders will be sent in multiple installments.
When placing your order, the delivery address needs to match the registered address of the buyer.
You’ll receive a despatch email with a tracking link once the goods are sent so you can see the status of the delivery and location of the parcel.
In the event that no-one is in to receive the delivery, you’ll be left a red card confirming attempted delivery, with confirmation on the Royal Mail tracking page. You then have the choice of arranging redelivery or picking up the parcel from your nearest sorting office.
If you request storage for your order, your goods will be sent free of charge to the storage vaults.
All gold & silver orders are stored at Loomis International in the UK and held on a fully allocated and segregated basis.
Storage fees are 1%+VAT/year for gold and 1.5%+VAT/year for silver, subject to minimum charges.
Storage is charged at point of purchase by selecting ‘Buy with Storage’ to the next semi-annual pay date. Semi-annual storage dates are 15 March and 15 September each year and are subject to minimum charges for the period.
A recurring storage fee will be taken from your card at each semi-annual storage date.
You can opt to have your goods delivered at any time, subject to delivery charges of £25 +0.25% of the metal value.
Live Gold Spot Price in Sterling.
Gold is one of the densest of all metals. It is a good conductor of heat and electricity. It is also soft and the most malleable and ductile of the elements; an ounce (31.1 grams; gold is weighed in troy ounces) can be beaten out to 187 square feet (about 17 square metres) in extremely thin sheets called gold leaf.
Live Silver Spot Price in Sterling.
Silver (Ag), chemical element, a white lustrous metal valued for its decorative beauty and electrical conductivity. Silver is located in Group 11 (Ib) and Period 5 of the periodic table, between copper (Period 4) and gold (Period 6), and its physical and chemical properties are intermediate between those two metals.