Gold Bars Closest to Spot Price

Cheapest 1 oz Gold Bar Prices

Gold bars are trusted as one of the most secure physical store of wealth and value. Investors depend on stacking gold bars as a nest egg for the future. Prices of 1 oz gold bars can vary based on trading of commodities in the precious metals markets. FindBullionPrices.com tracks the prices of gold bars from leading online precious metals and coin dealers.

The premium over spot price from online bullion dealers is less than you would pay buying bars through your typical investment broker, local coin shop or pawn shop. Online dealers have significantly lower costs that get passed through with lower premiums to buy the same gold bars at a lower cost. Premiums from credit cards can be avoided by using crypto or ACH as a form of payment. Some investors choose to make regular purchases as a way to stack credit card rewards points that are later used to offset additional gold purchases. With some credit cards also offering cash back rewards, some investors can use this trick to reduce the overall cost to their investment.

Popular 1 oz Gold Bar Manufacturers

There are many distinguished and very credible private and sovereign mints that issue 1 oz gold bars. FindBullionPrices.com tracks gold bar prices from Good Delivery providers for numerous futures and trading markets that include: legendary Valcambi Suisse, PAMP Suisse, the Royal Mint, RAND Refinery and Argor-Heraeus. These leading refineries are certified for numerous futures trading markets like COMEX, NYMEX, Shanghai Gold Exchange (SGE), Moscow Exchange, Dubai Gold & Commoditities Exchange and the LBMA London OTC.

Private mint gold bars are easily tradable worldwide and can be quickly sold or converted into cash almost anywhere in the world. The 1 oz weight is a recognized standard in the gold market, making these bars straightforward to price and value. Their size is extremely liquid and 1 oz gold bars are often available with the lower dealer premiums.

FindBullionPrices.com helps to take the guesswork out of buying precious metals by tracking prices of 1 oz gold bars across a wide array of trusted and reputable online bullion dealers to allow you find the best price with the lowest premiums.

Storing 1 oz Gold Bar at Home

Traditionally, bank safe-deposit boxes have been thought of as a great place to store gold bars. However, many banks are reducing or eliminating local branches and services as the industry continues to consolidate. In addition, there have been a number of reports of government seizures of gold in recent years that have brought a variety of issues to light in the courts.The most secure choice for most investors is to store their precious metals safely at home.

Gold bars take up relatively little space and can even be discretely hidden. Many families have a small vault or safe at home that is used for storing firearms, family heirlooms and other important items. Precious metals can be stored virtually anywhere around the home. It is even easy to stash gold bars that are encapsulated in sealed assay cards.

Many online bullion dealers allow the use of credit cards, debit cards, ACH payments and wire transfers when you buy 1 oz gold bars. In response to investor demands, many dealers also accept payments in an assortment of leading crypto-currencies, digital tokens and Stablecoins such as Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Dogecoin (DOGE), USD Coin (USDC), Binance USD (BUSD), Euro Coin (EUROC) and others.

Investing in 1 oz gold bars is one of the most effective ways to avoid having your savings and retirements funds stolen by the record levels of inflation with the upcoming implementation of central bank digital currencies (CBDC) by the Federal Reserve.

Costco 1 oz Gold Bars

The bars offered by Costco are 1 oz Gold Bars that are manufactured by either PAMP Suisse or RAND Refinery. Both are well-known and reputable refineries.

PAMP produces bullion products in a range of sizes, from small 1-gram bars to larger kilo bars, catering to both individual investors and institutional buyers. PAMP is a member of the London Bullion Market Association (LBMA) and meets the association's Good Delivery standards making their bars recognized and trusted by bullion dealers and banks around the world.

Rand Refinery, in collaboration with the South African Mint, introduced the Gold Krugerrand in 1967, one of the world's most famous and widely traded gold bullion coins. Over the decades, the refinery has become a global leader in producing gold bars of exceptionally high purity and quality.

In general, gold bars come with lower premiums over the spot price of gold so you can get more gold for your money when buying bars compared to coins. Buying gold bars from Costco may be a convenient option for some investors, but it is important to consider all factors before making a purchase. Read more about Costco 1 oz gold bars.

How much is a 1 oz gold bar worth?

Based on today's spot price each 1 oz gold bar is worth $1821.30. Stacking gold bars enables extra financial security at home that can be easily and discretely stashed away.

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