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.
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.
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.
Speak to Physical Gold Limited on 020 7060 9992 with any of your investment questions.