What are the Best Gold Bars for Investment?
Gold bars are an excellent choice for investors looking for a safe place to store their money. In addition to being more affordable than other coins, the cost of a 1 oz gold bar is typically less than the same size gold coin. Gold bars can protect your savings and significantly grow your wealth over time, making them superb for investors who want to secure pure gold bullion. In this guide, we will show you the best gold bars for investing. We'll cover what to look for and much more. Ready to diversify your portfolio with gold? Let's dive in.
Why Invest in Gold Bars?
Over time, gold has shown strong performance. When compared to coins and jewelry, gold bars have proven to be the smarter choice. In addition to being a good way to protect against inflation, it helps to spread your investments and is easy to buy and sell. Gold bars can also greatly increase in value, making them attractive to most investors.
Top 5 Best Gold Bars to Buy for Investment
When the time comes to choose gold bars, it is always a wise choice to stick with well-known brands that are known for purity and are easy to resell. Remember that it's important to check the current spot price of gold before you buy, and to know some of the best gold bars to consider for your investment portfolio.
Royal Canadian Mint Gold Bars
The Royal Canadian Mint is backed by the Canadian government and made with 99.99% purity. These gold bars have top-notch security features and also vary in size. Due to the solid, dependable reputation, investors will pay a bit more for these bars as compared to others.
Valcambi Suisse Gold Bars
Valcambi Suisse is recognized worldwide, and they are committed to getting gold responsibly. They have competitive prices, a sleek design, and good security elements. The gold bars are available in various sizes to suit a range of investment needs.
PAMP Fortuna 1 oz Gold Bar
PAMP gold bars are known for their quality and certification. The bars undergo a rigorous quality control process and come with an Assay Certificate that guarantees their purity and weight, making them an extremely reliable investment.
Asahi 1 oz Gold Bar
As a common option for many investors, these gold bars are known for purity, modern design, and strong security features.
Perth Mint 1 oz Gold Bar
These bars are highly recognizable and come in Assay Cards - secure display cases used to verify their authenticity and mint. This helps to protect the gold bars from damage during the shipping process or by the investor. Perth Mint Gold Bars are often sold at low premiums over the spot price and are known for their beauty and purity.
What Size Gold Bars Are Best for Investment?
Smaller gold bars weighing 1 oz or less are generally best for those looking for a simpler way to invest in gold. The small size is easier to transport and highly liquid, requiring less storage, and being more readily available for purchase.
In the world of gold investing, an ounce typically means a troy ounce, which at just over 31 grams is slightly more than a standard ounce that's a little over 28 grams.
According to Brandon Aversano, CEO and founder of Alloy, "The industry makes it somewhat confusing because typically smaller bars are weighed in grams and larger bars are weighed in troy ounces. Smaller gold bars can come in a variety of sizes, such as 1-gram, 5-gram, and 10-gram."
Where to Buy Gold Bars Safely? Reputable Online Gold Dealers
When you are looking to invest in physical forms of gold, it is important to choose only the most reputable online gold dealers that can help you diversify your portfolio by offering reasonable fees, a variety of account amenities, and reliable customer service. Some of the best online dealers include:
- Money Metals Exchange
- SD Bullion
- APMEX
- BGASC
- Orion Metal Exchange
Final Thoughts – Choosing the Best Gold Bars for Your Portfolio with AmFed
At AmFed Coin & Bullion, we are always one step ahead of the competition. For over 40 years, we have provided expert advice to investors looking to choose the best gold bars for their portfolio, so you know you are dealing with the best. Contact us today with any questions or for more information.
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