How to Buy Gold Bars in USA
Buy gold bars as investments
As investment vehicles, gold bars
are gaining in popularity primarily because gold bars carry much lower
premiums than gold bullion coins carry. For example, premiums on kilo
gold barscan be as much as $50 per ounce lower than the premium on
American Gold Eagles.
Truly, gold bars are an exciting way to
invest in gold. Hefting large gold bars almost causes an adrenalin rush.
Invariably, people holding large gold bars for the first time ask, "How
can something so small be so heavy?" A huge amount of wealth can be
stored and concealed in gold bars.
Gold Bars for sale
Gold
bars for sale include 1-oz gold bars, 10-oz gold bars, kilo gold bars,
and 100-gram gold bars. All these gold bars are .9999 fine (99.99 pure.)
Whereas
a few years ago only 1-oz and 10-oz gold bars were available, today
kilo gold bars are commonly bought by large investors. That is because
kilo gold bars are easier to store than are 1-oz gold bars. In the space
it takes to store twenty-five 1-oz gold bars (in their packaging from
the refinery), six Royal Canadian Mint kilo gold bars (192.90 ounces)
could be stored.
However, kilo gold bars are not necessarily the
best investments for all investors. While large investors can use
private carriers such as Brinks to move kilo gold bars around the
country, most investors use the US Postal Service, which presently has a
maximum insurance per package of $25,000. At $1,250 gold, a kilo gold
bar has a value right at $40,000.
Investors wanting low premium
gold bars should consider the 100-gram gold bars, which carry premiums
only slightly higher than kilo gold bars. Buying 100-gram bars allows
investors to ship within the US Postal Service's insurance limits.
As
a rule, smaller gold bars carry larger mark-ups over spot. However,
usually the premiums on 100-gram gold bars are less than the premiums on
10-oz gold bars.
Using BullionVault you may purchase physical gold & silver by the gram at current market exchange rates.
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