Compare Gold Prices Closest to Spot

Find the Cheapest Gold Prices from Trusted and Reputable Online Dealers

Gold is a real, physical, tangible asset that has stood the test of time as both money and store of wealth. Individual investors can use gold as an inflation hedge and as a safe-haven asset.

The most common and popular physical investment options when it comes to gold bullion are in the form of coins and bars. Both bars and coins each capture the intrinsic value of the gold, but have other characteristics that make them unique from each other.

Gold bullion, whether in the form of a coin, bar or round, holds significant intrinsic value. Gold has long been considered the purest form of real money in broader terms. Today, it's a store of value, a medium of exchange and the price of gold is consistently tracked globally.

Gold Coins

Modern investment gold coins are a leading choice as a hedge against inflation. These are issued by as legal tender by government mints on an annual basis and provide investors with a trusted long term store of value and can be used to offset volatility in other investments.

Gold Coins are legal tender that minted each year, just like other circulating coins. Having the backing of a sovereign government provides assurance that the gold is genuine, meets the specified purity standards, is easy to verify and offers the protection of legal-tender status. As a form of currency, gold coins are protected by the same laws that protect other forms against counterfeiting. Most gold coins are also eligible for inclusion in a Precious Metals IRA, which can provide a stable, long-term store of value.

Owning gold coins instead of bars can be beneficial when it becomes time to sell. Gold coins from prominent mints can sometimes fetch higher premiums when it is time to sell.

Most modern investment grade gold coins are minted based on sales demand from investors. However, a variety of mints also issue limited mintage coins that may be part of a commemorative series.

In general, fractional gold coins are more affordable than their full ounce counterpart. They also make excellent gifts for special occasions, milestones or simply teaching family and friends about the benefits of owning precious metals. Their smaller size, striking appearance and inherent value can provide a meaningful and memorable gift.

The denominations vary based on the country of origin, but most are available in the industry standard weight of 1 troy ounce. Many sovereign mints will also offer additional weight options for investors of varying goals and budgets. The most common include the 1/2 oz, 1/4 oz and 1/10 oz.

The FindBullionPrices.com Closest to Spot tool can be used to find modern gold investment coins issued by prominent sovereign mints including the US Mint, Royal Mint, Perth Mint, New Zealand Mint, Royal Canadian Mint and others across the four industry-standard denominations. Additionally, several mints such as the Royal Canadian Mint, Austrian Mint, and People's Mint of China include additional fractional denominations that include:

• 1 troy ounce
• 1/2 troy ounce
• 1/4 troy ounce
• and 1/10 troy ounce
• 1/20 troy ounce
• 1/25 troy ounce
• even 1 gram!

Vintage gold coins can offer investors both substantial savings on mint and dealer premiums. Vintage gold bullion coins can be found at very low premiums and are a historical legacy from an era when much of the world was based on the gold-standard.

Some of these coins, such as US Pre-1933 gold coins, also carry numismatic value above the intrinsic value of the gold. Many are highly sought after by collectors and can command higher prices in the market, making them an excellent option for investors. The purity of vintage gold coins can vary, but many are minted with .900 fine gold.

Some of the lowest gold premiums can be found on vintage gold coins. In addition to intrinsic value, these coins carry with them the era in which they were minted. With investors, the historic gold coins that are most popular include Pre-1933 US Mint Gold Coins, such as the $20 Double Eagle and $10 Gold Eagle, and European fractional gold coins like the 20 Francs and British Sovereign that are affordable, easy to stack, and at times have the lowest premiums.

Gold Bars

Gold bars are one of the simplest and easiest physical investment one can buy and are a logical choice for pragmatic investors and typically provide more gold for your money compared to coins. The 1 oz gold bar is a very popular choice due to the wide availability and low premium per ounce over the spot gold price. The most common are almost always minted from .9999 fine gold.

Buying gold bars has additional advantages. In general, the manufacturing, packaging and distribution costs for gold bars are generally lower, allowing one to acquire a slightly larger amount of gold with their investment budget. Bars typically have the lowest premium over the spot gold price relative to other physical investments.

The gold bullion bars listed here have the lowest premium over spot gold price per ounce. These are the cheapest gold bar prices offered by reputable online bullion dealers.

Based on today's spot gold price, each 1 oz gold bar is worth $2027.30. Owning even a few small gold bars is a good way to hold a little extra financial security that can be easily and discretely stashed away.

While the dealer premiums are higher than full ounce bars, fractional gold bars provide versatility and flexibility. However, the premiums typically decrease as the weight of the bar increases. For example, a one gram gold bar will have the highest relative premium when taking into consider only the price per ounce.

The links below can help you find fractional bars by weight that are sorted by the cheapest gold price per ounce:

• 1 oz Gold Bars
• 20 Gram Gold Bars
• 10 Gram Gold Bars
• 5 Gram Gold Bars
• 1/10 oz Gold Bars
• 2.5 Gram Gold Bars
• 2 Gram Gold Bars
• 1 Gram Gold Bars
• 1/2 Gram Gold Bars

Investors that are looking to make a significant investment may wish to consider large gold bars that include:

• Gold Kilos
• 10 oz Gold Bars
• 100 Gram Gold Bars
• 50 Gram Gold Bars

You can learn more by reading about Common Gold Bar Sizes and Weights for New Investors in our blog.

Gold Rounds and Medallions

Various government mints, including The US Mint and Royal Canadian Mint have issued various gold rounds and medals over the years, many of which were initially intended for collectors. These medals are typically created to commemorate significant events, historical figures, or achievements. While they are not legal tender, they are often minted from pure gold or a gold alloy. Some are sought after for their artistic, historical, and collectible value, while others are sought after by investors for their intrinsic value.

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