A Gold Bullion Bar Is A Solid Investment

A gold bullion bar is a solid investment and offers individuals a cost-effective way to purchase large volumes of precious metal. These gold bars come in a range of sizes from 1 ounce to 1 kilogram investors seeking to diversify their portfolios they are produced by the Royal Canadian Mint (RCM) and have a purity of.9999. These are a great addition to any portfolio or can be used to fulfil an IRA investment requirement.

Bullion bars are a popular choice for investors as they offer lower upfront costs than coins. Their smaller size also means that they take up less space. They can be stored at home or professionally stacked in secure storage facilities.

The premium on gold bars can vary significantly depending on a variety of factors such as the size, weight and purity of the bar and the manufacturer. In general, smaller bars have a higher premium per troy ounce than larger ones. The premium can also be influenced by the market conditions and investor demand.

For example, in times of uncertainty when the stock markets are declining, the premium on gold bars can increase. This is because investors are seeking safety in a tangible asset that will not lose value due to economic instability.

The quality of the gold bar is important as it will affect its resale value and how easy it is to transport. This is why GoldCore only trades gold bullion bars made by London Bullion Market Association (LBMA) approved refineries and mints. This guarantees the highest levels of production quality and integrity.

Additionally, we only buy and sell gold bars that have the LBMA trademark on them. This allows us to trade them internationally and ensures that the bars are backed by the LBMA. This provides peace of mind to our customers and protects them against counterfeiting and other fraudulent activity.

One of the key benefits of gold bars is that they can be stored how you want, allowing you to have complete freedom with your precious metals investment. You can store them at home, in a safe deposit box or at a professional vault storage facility like those offered by GoldCore. Alternatively, you can have your gold delivered to the location of your choosing.

As well as this, you can benefit from a reduced tax bill when buying gold bars. When purchasing Good Delivery bars (which have to be produced by LBMA-approved refineries), you can avoid paying VAT sales tax on your investment when it is sold. When bought and stored with a recognized gold bullion dealer, you can also get specialized insured vaults that offer a high level of security.

As a result, it is important to carefully consider your storage options when you are investing in gold bullion. If you store your bars at home, you run the risk of them being stolen or damaged. Likewise, storing them in your bank’s safe deposit box can potentially be impacted by the bank’s insolvency. Gold bars kept in specialist, LBMA-approved vaults are the most secure option and will enable you to sell your bullion more easily should the need arise.