With gold being a popular investment asset, many investors are interested in purchasing physical gold bars. When looking to invest in gold bars, there are several factors to consider in order to choose the best option. Some key considerations include bar size, brand, purity level, security features, cost per ounce, and liquidity. This article will provide an overview of the major factors to evaluate when selecting the optimal gold bar investment.
Common sizes of gold bars for investment
Gold bars for investment come in a variety of sizes, from as small as 1 gram to as large as 400 ounces. Some popular sizes are 1 ounce, 10 ounce, and 100 ounce bars. The larger bars have lower premiums per ounce compared to smaller bars, but smaller bars provide more flexibility in liquidating portions of your investment.
Reputable brands and purity levels
When purchasing gold bars, it’s advisable to stick with well-known brands that have established reputations for quality. Some top manufacturers are PAMP Suisse, Credit Suisse, Johnson Matthey, and the Perth Mint. The gold content should be .999 pure or higher for ideal investment quality.
Security features to verify authenticity
High quality gold bars will have built-in security features such as holograms and serial numbers that allow you to authenticate them. This protects against counterfeits. Assay cards and protective packaging also help verify that you are receiving a legitimate bar from the mint.
Choosing trusted brands of 1 ounce or larger .9999 fine gold bars from reputable dealers ensures optimal physical gold investment. Carefully evaluating cost, security, and liquidity helps investors select the best gold bar.