THE GOLD BAR – 1 oz
investment grade gold bullion
The gold bar – 1 oz is an investment grade gold bullion bar that weighs exactly 1 troy ounce, or 31.1034768 grams. Its fineness, or gold content, is at least 99.9%. This gold bullion bar is one of our biggest sellers and very suitable for storage or delivery.
One ounce gold bars are usually rectangular. They are produced either as cast or minted bars. Because the bars are manufactured by a variety of refineries and government mints, their look and feel can vary.
Marketsforu only sells gold bars of recognized and widely-traded brands. These would include the 1oz gold bars from such highly regarded refineries as Johnson Matthey, Credit Suisse, Pamp Suisse,Heraeus, and government mints such as the Royal Canadian Mintand the Perth Mint.
Gold bars can make nice gifts but can also be added to investment portfolios since they are conveniently sized, affordably priced, and are well-known in the international marketplace.
Each 1oz bar has a minimum purity of 0.995 and is normally 0.999 pure or even 0.9999 pure. These bars contain exactly 1 troy ounce of gold.
For example, the Perth Mint produces a 1oz minted gold bar called known as the Kangaroo bar which is popular with investors. The Kangaroo is a 1 ounce minted gold bar with a fine gold content of 1 troy ounce, a fineness of 99.99%, and a minimum gross weight of 31.107 grams. The Perth Mint’s 1 ounce bar is rectangular in shape with tapered corners, and measures 41.60mm by 24.60 mm with a 1.71mm depth.
A critical decision for investors when buying investment gold bars is where you want to store your investment. The compact size, durability and portability of the 1 oz gold bar allows for easy storage options. However, 1 oz gold bars are valuable and need to be securely stored, and with the rising risk of burglaries you should not store too many valuables at home.
There are two main options available, either:
Take delivery of your coins at your address ensuring that you have adequate facilities and insurance in place or;
Store you investment gold coins with a secure third party.
Marketsforu offer clients fully insured secure storage facilities in many international locations such as Switzerland, UK, USA, Australia and Asia.