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1 oz. Gold Bar

By Gainesville Coins
Published February 11, 2015

1 oz. Gold Bars are a means of storing wealth used by countries, corporations and individuals alike. Simply put, they are bars of gold of varying purity, all containing 1 troy ounce of gold. They are manufactured by a number of private firms, each attributing a unique characteristic to the production of the bar. The bar shape was conceived to make to storage of the bars easier from a logistical standpoint; that is, they can easily be stacked. Gold bars maintain a fineness of at least 99.9% purity.

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Why Buy 1 oz. Gold Bars?

Gold has long been used as a store of wealth. Its history of acting as a relatively stable means of investment has made it historically popular. Buying gold aids in hedging against decline in the real value of assets. In addition, the fact that there is very little, if any, numismatic value associated with most gold bars means that not only will you not pay a large premium over the spot price of gold when buying the bar, but you will also enjoy a high liquidity over the life of your investment. 1 ounce gold bars are especially popular as they are more affordable than their larger counterparts.

Invest in Gold Now!

Political events and trends in other global markets have the ability to influence both supply and demand of precious metals, including gold. Recently, spot prices have risen, and continue to trend upward. There has been a subsequent push towards investment in precious metals, which further fuels these surges. Call Gainesville Coins at 813.482.9300 today and let us help you become one of them.

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