Why Buy from Scottsdale Bullion & Coin
About Gold Bars
Gold bars have been a staple of precious metals investing for thousands of years. These assets are highly sought after due to their impressive stores of value, high liquidity, and inflation-resistant tendency. Like silver bars, gold bars come in a wide variety of shapes, sizes, and designs and are minted by both governments and private mints. When people think of gold, they often immediately envision stacks of gold bars. Despite being well-known, these gold assets aren’t for everyone.
Common Weights of Gold Bars
As one of the most popular gold assets, gold bars are produced by a range of governments and private mints. Scottsdale Bullion & Coin sells the highest quality gold bars from some of the top brands including Valcambi, Credit Suisse, Johnson Matthey, RCM, PAMP and more. Ounce bars are the most popular sizes for precious metals buyers with the 1 ounce gold bar behind the most sought after.
1/10 oz gold bars
One of the smallest gold bar sizes on the market, these gold bars are a good option for investors who want to gain exposure to the asset without spending a lot.
1 oz gold bars *MOST POPULAR*
As the most commonly minted and traded gold bar, the 1 ounce gold bar is a timeless investment option for investors of any experience level. They’re valuable, easy to store, and always in demand.
10 oz gold bars
These gold bars are often recognized as the industry standard due to their moderate size, striking a balance between value and convenience.
Kilo gold bars (32.15 ounces)
Kilo bars get their name from their weight of 1,000 grams which translates to 32.15 ounces. Despite their abnormal size, they’re an iconic gold bar.
100-400 oz gold bars
The largest gold bar sizes, these assets are designed specifically for institutional investors. They store an impressive amount of value but are difficult to store.
Gold Bars by Grams
Gold bars are most commonly weighed, sold, and advertised in ounces. However, there are some mints that prefer offering gold bars in grams. As a smaller unit of measurement, grams are more convenient for labeling smaller gold bars when compared to ounces. This unique characteristic makes gold bars by grams a solid choice for precious metals investors who are looking to gain exposure to this asset without a massive upfront cost.
There are various sizes of gold bars by the gram, giving precious metals investors a lot of choices. The 1/2 gram, 1 gram, 2 grams, 5 grams, 10 grams, 20 grams, 100 grams, 250 grams, & 500 grams are some of the most popular and practical sizes.
How To Buy Gold Bars
If you’re in Arizona, you can walk into our office during business hours to buy. You can also call in to place an order, use our live chat function, or request a quote directly from our website.
Are Gold Bars a Good Investment?
Gold bars have remained a tried and true option for precious metals investors looking to increase their exposure to gold. They're great assets for any investor seeking to understand the basics of precious metals investing.
- Come in various sizes for different investing demands
- Provide instant liquidity when needed
- Offer a reliable hedge against inflation
- Ideal for investing large sums in gold
- Don't offer the collecting or rarity value of some numismatic coins
- More difficult to store due to their larger sizes
- Risk of buying fake gold bars
Gold bars are excellent stores of value that act as a hedge against inflation. However, the investment worthiness of a gold bar depends largely on your investment goals. Click here to get a free strategy session to see if these assets match your objectives.
Gold Bar Value
Gold bars are one of the most established and popular gold assets. Investors around the world use gold bars as a vehicle to own gold. In fact, gold bars have been used as stores of value since ancient Egypt. Unfortunately, this widespread popularity has led to many fraudulent schemes targeting precious metals investors (read: How to Spot Fake Gold in 5 Easy Steps)
The value of gold bars is determined by the value of gold which fluctuates over time due to varying market factors. Still, gold bars' sustained value over time and their impressive performance during times of economic downturn have earned this asset a permanent place in the pantheon of fantastic precious metals investments. Due to their widespread popularity and global demand, gold bars are easy to liquidate.
Although gold bars can vary in size, shape, and design, their value is indicated by weight, the value of gold at the time of measurement, and the purity rating of the bar. The most popular gold bar size is 1 oz although there are several common sizes including 10 oz, kilobars, and 100 oz. The value of a 1 oz gold bar based on today's live spot price of gold is $1,774.22.