Best Gold Bars to Buy: Top 7 Picks
When you purchase Gold bars, you add a certain flair to your bullion collection. These majestic pieces are offered by some of the world’s most renowned mints and refineries and come in different weight categories. So, when you are deciding which are the best gold bars to buy, you might have to hunt through various options before deciding which ones you wish to buy. This post aims to ease that journey for you by giving our top 7 picks when it comes to choosing the best gold bars to buy for your collection. Let’s dive right into it then.
Best Gold Bars to Buy
Now we get to the interesting part; without any further ado, here are our top picks for the best gold bars to buy –
1. The Royal Canadian Mint (RCM) Gold Bars
The Royal Canadian Mint is one of the most recognized mints in the world. They are known for their 1 oz gold bars that feature popular designs like the Canadian Maple Leaf design. They have invested in acquiring the latest technologies in their manufacturing process that help them high-quality bullion products. RCM provides their 1 oz gold bars with a unique serial number and a protective assay case that guarantees the bar’s purity content.
2. The Royal Mint Gold Bars
The Royal Mint is one of the oldest mints that are currently producing bullion pieces and is credited as “The Original Maker.” Their iconic Britannia gold bars are known for carrying beautiful designs and a protective assay card to guarantee their content. They offer a variety of themes that are designed on their gold bars and come in various sizes such as 1 gram, 10 gram, 50 gram, 1 kilogram, and more.
3. Australian Perth Mint Gold Bars
The globally popular Perth Mint is credited as one of the best government-owned mints, and it produces great quality bullion pieces. The Mint began production in 1931 and has created some of the world’s finest gold bullion bars. You can choose from options like the 1 oz gold bar, the 100 gram gold bar, or even the 1000 oz gold, which features the mint’s renowned logo with inscriptions of the bar’s purity and a unique serial number engraved as well.
4. Argor-Heraeus Gold Bars
Argor-Heraeus is one of the world’s oldest bullion manufacturers. This family-owned private mint has been producing quality products for almost 400 years. Heraeus was initially based out of Germany; it was only after its merger with Argor that the gold refining and production of their products began in Switzerland. They offer various bars weighing from 1 oz to 1 kilogram varieties. Argor-Heraeus is also popular for its dedicated initiatives to recycle scrap metal after production.
5. Valcambi Suisse Gold Bars
Valcambi Suisse is a globally popular gold refinery that operates in Balerna, Switzerland. They have been minting bullion products for over 50 years now. Valcambi has mastered the art of producing bullion pieces, so much so that in 2020, they produced almost 6.6 tons of gold each day. They offer bars weighing from 1 gram pieces to 1 kilogram bars, with the unique CombiBar available exclusively from the mint as well.
6. PAMP Suisse Gold Bars
PAMP Suisse is one of the most highly regarded precious metal refiners in the world. It is known for featuring its own Veriscan technology on its bars, which provides buyers with authenticity when they purchase from the secondary market. They first started producing gold bars in 1977 and offer bars weighing between 1 gram and 12.5 kilograms. When you buy from PAMP Suisse, you can rest assured that you will get the highest purity levels in your bar.
7. Geiger Edelmetalle Gold Bars
Geiger Edelmetalle is a mint located in Germany that is known for its innovative, precious metal pieces. They offer gold bars of the finest quality ranging from weights of 1 gram to 1 kilogram. Their square gold bar designs are extremely popular among investors and feature eye-catching designs.
These were our picks for the best gold bars to buy that will add value to your portfolio.
What to Look for When Buying Gold Bars
When you are looking to buy gold bars, there are a few important points that you should consider. Here’s a brief overview of them –
Spot Price:
One of the most important factors when looking for the best deals on gold bars is to assess the current spot price of gold in the market, then you should compare it with the deals you are offered and choose the one with the closest prices to the spot price.
Purity –
The measurement of Gold is done in karats, with the popular term “24-karat” considered the highest purity level of the metal and have 99.99% purity as they are alloyed with other base metals to increase the durability of gold used in products like jewelry.
Size Options –
The most common sizes of gold bars are 5 grams, 10 grams, 1 ounce, 100 grams, and 1 kilogram. Bars weighing one ounce or 100 grams are considered to have the best liquidity, as smaller bars tend to have high premiums but are relatively easier to sell. On the other hand, larger bars, such as 400-ounce wholesale gold bars, have low premiums but a limited market.
Packaging and Assay Certificates-
When you buy bars that have certificates from assay leaders that authenticate the bar’s weight, purity, and metal content, you can trust that you have a reliable bullion piece.
Mint Reputation –
Brands such as PAMP Suisse and Valcambi are known for producing high-quality bullion pieces, which helps in their re-sell value due to the manufacturer’s trusted name. Even when you purchase from online dealers such as BOLD Precious Metals or JM Bullion, you get the brand authentication certificate of the bar you choose.
Liquidity –
As mentioned before, small gold bars such as the 1 ounce bars tend to be highly liquid. Moreover, when these bullion pieces bear the marks of renowned mints and refineries, they attract attention from buyers and sellers which helps you convert your gold into cash when the need arises.
Bullion Mentor: The Easiest Way to Compare and Save on Gold Bars
If you are looking to add the best gold bars to your collection, you should visit Bullion Mentor, where you will find the best deals on various popular gold bars offered by the top bullion dealers in the market. With Bullion Mentor’s unique price comparison tool, you can find the best price for your dream gold bar and make it yours today!
