Gold Bars For Sale

There is the opinion, that despite the traditional reasons to invest in gold, it is not recommended that private investors that choose to invest in gold through the acquisition of physical gold, should do so by buying and storing gold bars. Gold coins remains the most convenient, the most popular and safest way to physically invest in gold.

The majority of financial experts recommend that private investors avoid gold bars, because of complications that can arise the day you want to sell. Some dealers for example won’t buy gold bullion bars without a chemical analysis of gold bars to determine the gold’s purity. This analysis is called an assay and in many cases you as the investor need to foot the bill for this process. Gold firms, in most cases, will also refuse to set a price until the gold bars have been delivered to their offices or depositories for inspection. This result in a lot of unnecessary risks to the investor.

For example, all gold bullion bars delivered against a London spot market have to meet the following requirements:

• Must be 99.5% or more pure;
• must come in bars of a standard shape weighing more or less 400 oz (very big bars);
• must have been accuratly assayed (which costs the investor money);
• must have been manufactured by one of a listed group of refiners (not just any refiner);
• in almost all cases are only accepted from one of a very small number of accredited bullion vaults/couriers (not just accepted from anyone).

Given the above, it is clear why they do not recommend that private investors invest in gold bullion by buying physical gold bullion bars.