Gold Bars
Gold bars are typically the lowest price option when investing in gold bullion. The most popular gold bar sizes are the 1 oz gold bar and kilo gold bar. Bars can be minted from national mints like the Royal Canadian Mint (RCM) or private gold mints such as the highly recognized Sunshine Mint. Buying gold bars is a popular investment for both new and experienced precious metal investors. Most gold investors purchase bars compared to coins when they are looking to acquire the most gold ounces for their capital. Similarly to gold rounds, gold bars typically do not carry any collectible value and the purchase price is heavily dependent on the purity and weight of the gold bar.
Gold Bar Sizes
Gold bars come in nearly any size imaginable. The most popular gold bar size is the 1 oz gold bar followed by the kilo gold bar which weighs 32.15 oz. The premium over spot is usually the smallest when ordering bars of larger size such as the kilo gold bar, however a large quantity order of a smaller bar size can reduce the premium difference.