Many investors who are beginning to diversify their portfolios wonder what they should buy. Even with a high premium relative to the gold spot price, purchasing 1-gram gold bars might make sense.
One-gram-size gold bars are one of the most common ways beginning investors buy gold bars. They are relatively inexpensive, and you can purchase them from virtually any online bullion dealer, eBay, or your local coin shop. Most 1 gram gold bars come sealed in a manufacturer’s assay card, which displays the weight, purity, mint, and other particulars about the gold bar.
One significant advantage of one-gram gold bars is that they are very easy to liquidate.
One Gram Gold Bars Premium
One-gram gold bars carry a high premium relative to buying larger one-ounce gold bars. While the premium when you buy can be as high as 20%, there are places to liquidate if you need to where you can recapture some, if not all, of the premium.
Most 1-gram gold bars you buy will come sealed in an assay card from the manufacturer. The assay card will contain detailed information describing the package’s bar.
Assay cards for 1-gram bars will show the manufacturer, the purity of the gold bar, the weight of the gold bar, and other details. It’s essential to keep the bar in the sealed assay card if you wish to retain the premium if you need to liquidate. Having the gold bar in the sealed assay card will give the buyer more confidence that the bar inside is genuine.
What size is a 1-gram gold bar?
1 Gram Gold Bar Size & Product Details
| Feature | Description |
|---|---|
| Purity | .999 acceptable gold minimum (24 karat) |
| Gold Weight | 1 gram, or 0.0322 troy ounces |
| Approximate Dimensions | In Assay: Width: 2-1/8 inches Length: 3-3/8 inches Thickness: 3/16 of an inch |