Gold is arguably the most diverse precious metal available to investors and collectors. You’ll find gold for sale in the form of coins, rounds, and bullion bars. Gold bullion bars are perhaps the top choice of investors. Gold bars offer variety in terms of weight, purity, and style. With so many options to choose from, it can feel overwhelming. When you boil down the market though, you’ll see that it’s less difficult to find the right piece of gold bullion for your portfolio. Learn more about gold bars available from JM Bullion below!
Gold bars are commonly refined into two different types of bars. Cast gold bars are simpler products which are made through a simple process. Most cast gold bars have only a refinery logo stamped onto the surface and come with the most important markings: weight, purity, and metal content. A cast gold bar is produced by melting gold in a large vat and then pouring it into prefabricated molds which are designed to ensure the proper weight and purity for the desired final product. The bars are then left to air cool in the molds or dropped into cold water to speed up the cooling process.
Minted ingots are made with a more refined process. All minted gold ingots start out as long cast bars which are fed into a stamping press. This press is computer controlled and stamps (cuts) the minted ingots to a desired size and shape, and then continues along the press production line to have an image engraved onto the bars. These bars typically have brilliant visual finishes, more intricate design elements, and sharp edges.
As you might imagine, the complication of the production process results in varying premiums for these gold products. Generally speaking, cast gold bars are more affordable with a lower premium over the spot price of gold than minted ingots.
The most common weights purchased by investors are 1 Troy oz and 10 Troy oz bars. 1 Kilogram bars are also popular among gold buyers because the weight combined with the singularity of a product (a single 32 Troy oz bar rather than 32 individual 1 Troy oz bars) offers a better value when you consider the cost of gold per ounce in that singular 1 Kilogram bar. However, gold bars are popularly offered in a wide range of weights that surpasses the variety of any other precious metal product. You’ll find gold bars for sale in the following weights:
As mentioned above, you’ll find a great deal of variety awaiting as you shop for gold bars. However, the variety doesn’t stop at the weights of the available bars. Gold bars also come with a wide array of designs. Some are so popular they are viewed as symbols of excellence within the precious metals industry, while others represent limited-time offerings. The following is a brief overview of some of the most popular gold bar designs:
Beyond the size, shape, and style of the gold bars available to you from JM Bullion, you can expect a few commonalities among the bars offered. The vast majority of gold bars today are refined with .9999 pure gold content regardless of weight or type (cast vs. minted ingot). Minted ingots are originally available in most cases housed inside of tamper-evident protective packaging and come with an assay card that verifies the weight, purity, and metal content of the product as judged by a certified assayer. In most cases, gold bars also have a unique serial number issued by the refiner. When bars are available with a serial number and assay card, that card will also reflect the individual serial number as engraved onto the surface of the bar.
As you look to buy gold from JM Bullion, you’ll find that our customer service team is available to help you with any questions you might have about available products or purchasing. You can reach out to our customer service team at 800-276-6508, chat with us live online, or send us an email with your inquiries.