Gold bars for sale

Should you find 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.

Buying gold bars for sale

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 precious metals dealers for example won’t buy gold bullion bars without a chemical analysis of gold bars to determine the gold’s finess. This analysis is called an assay and in many cases you as the investor need to pay for this process. Gold companies, 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 precious metals investor.
For example, all gold bullion bars delivered against a London spot market have to meet the following requirements:

• these bars must be 99.5% or more pure;
• they must come in bars of a standard shape weighing more or less 400 oz (very big bars);
• the gold bars have been accuratly assayed (which costs the investor money);
• the bars 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).

Gold Bars

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

How to find gold bullion bars for sale

But if you really want include gold bars in your portfolio you can easily find gold bars for sale. First I recommend you to check your local dealers. Coin dealers can be useful too.

Second, check online dealer’s sites and auction sites like Ebay. You can also try to find gold bars for sale on COMEX, APMEX and MONEX.

Amazon is good source of gold bars for sale too.

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