Where To Buy Gold Bars
400 oz gold bars - London good delivery are investment-grade gold bullion bars weighing close to 400 troy ounces or 12.4 kilograms. London Good Delivery gold bars do not weigh exactly 400 troy ounces rather they range from 350 troy ounces to 430 troy ounces, however buyers only pay for the exact amount of troy ounces in the bar they purchase.
where to buy gold bars
400 oz Gold bars are normally rectangular in shape and are produced as cast bars. Since they are manufactured by a variety of refineries and government mints, the look and feel of a 400 oz bar can vary but the recommended dimensions are
London Good Delivery gold bars are the preferred gold bar format of large institutional investors and the official sector or central banks. They are also the investment or speculative vehicle of choice of investors who opt to speculate in or invest in exchange-traded funds (ETFs) or own digital gold in a pooled or pool allocated format such as Bullion Vault where you own only a portion of a large gold bar.
These bars contain exactly 400 troy ounces of gold. GoldCore only sells gold bars of recognised and widely-traded brands. These would include London Good Delivery gold bars from such highly regarded refineries as PAMP, Argor-Heraeus, Metalor, and government mints such as the Perth Mint.
A 400 Kg gold bar can be priced on the phone or online. When you decide to buy, we require you to phone our office to lock in your price. You must have cleared funds on account before we will lock in the gold price. A 400 oz gold bar can be delivered but we would strongly advise against doing so. They are almost always used for acquiring sizeable holdings of physical gold in an efficient and easily managed format. Most 400 oz gold bars are owned by large institutions, governments, and bullion banks and reside in official vaults such as The New York Federal Reserve Bank and the Bank of England.
The gold spot price. The gold spot price is defined as the price of one troy ounce of pure gold that is available for immediate delivery. We source this price from price feeds from the like of Bloomberg and Thomson Reuters.
The weight of gold. The weight of pure gold found in a gold bar that is being purchased. A 400 oz gold bar has minimum 0.995 parts of pure gold. As such the 400 oz gold bar will weigh 398 troy ounces of pure gold.
The gold price premium. The gold price premium is defined as a percentage adjustment that is added or deducted from the gold spot price value of the gold bar. Generally the gold premium of a gold bar is determined by the actual cost of production, logistics and making available for sale the bar, market based competitive forces and the overall value of gold that the client is seeking to invest - as expected larger sums can reduce gold premiums.
In order to determined the gold price of a London Good Delivery Gold bar, simply multiply the weight of the bar in troy ounces by the purity of the bar and multiply that by the spot price of gold and add or subtract the gold bar premium.
London good delivery gold bars typically command a premium of around 1% to 1.5% with GoldCore who offer some of the most competitive premiums in Ireland and can be owned in our Secure Storage program in the safest vaults in the world. When investing in gold irish investors should seek out a form of gold that matches their long term investment objectives. 400 oz gold bars are typically used by financial institutions and central banks and stored in secured locations. For ultra high net worth Irish investors 400 oz gold bars may be considered but only if they are stored safely. Most irish investors investing significant sums will opt for 1 kilo gold bars instead as they are low cost, manageable, tradeable and easy to store. We offer all of our clients a non obligation free strategy session with one of our market experts. We can assist you in navigating all the options available options for your gold investment.
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Gold futures are a good way to speculate on the price of gold rising (or falling), and you could even take physical delivery of gold, if you wanted, though physical delivery is not what motivates speculators.
The biggest advantage of using futures to invest in gold is the immense amount of leverage that you can use. In other words, you can own a lot of gold futures for a relatively small sum of money. If gold futures move in the direction you think, you can make a lot of money very quickly.
Risks: ETFs give you exposure to the price of gold, so if it rises or falls, the fund should perform similarly, again minus the cost of the fund itself. Like stocks, gold can be volatile sometimes, but these ETFs allow you to avoid the biggest risks of owning the physical commodity: protecting your gold and obtaining full value for your holdings.
Gold bullion bars are a cost-effective way for investors to diversify their investment portfolio due to the often lower manufacturer's premium. Gold cast bars are available in 500g and 1kg for customers to invest in gold with a lower premium and can be included within your Pension. Our gold bar prices are competitive and based on the live market rate.
Buy our gold bullion bars and receive free delivery on all orders throughout the UK. As an alternative, when you buy gold bars from The Royal Mint, many of our customers choose the convenience of storing their gold bar investment in The Vault - our on-site storage facility. Your gold bullion bar will be delivered to our Vault and your precious investment metals are independently audited and fully insured. By buying gold bars direct from The Royal Mint and storing it in The Vault, you can benefit from our Buy Back Facility and rest assured that your gold bars will be held securely - outside of the banking and London Clearing System - and can be liquidated at your request at any time. Equally, you may choose to have part or all of your vault holding, including any size gold bar, delivered to you at your registered address at any time.
Gold bars come in different purities as well, and certain gold bars that are 999.9 percent fine gold may potentially be eligible for purchase within an IRA account. Of course, you should your tax professional about eligibility and rules before making any purchases for an IRA account.
Although 1 ounce gold bars remain one of the most popular weights, gold bars are also available in many smaller sizes, making them relatively more affordable for smaller investors or those on a tight budget. Some of the smaller gold bar weights available today include:
Gold bars come in two very distinct styles: minted bars and cast bars. Minted gold bars are produced by taking blank gold bars and then stamping them with the designs and inscriptions. These gold bars typically have a sleek and smooth finish with a bright shine. Cast bars, on the other hand, are produced by pouring liquid gold into molds. These bars then have the necessary engravings done. Markings and designs on cast bars are typically simpler than minted bars, and the bars have a rugged appearance. No two cast bars are exactly the same due to the fabrication process. Cast bars may potentially carry lower premiums compared to minted bars, as the production process is faster and cheaper.
Whatever gold bars you choose, these products provide a means for acquiring gold bullion with ease and convenience. In fact, you can order gold bars from numerous online dealers and expect them to be delivered to your doorstep within a matter of days.
Gold bars are a valuable addition to investment portfolios that can help protect wealth for the future. Gold bars are sometimes referred to as gold ingots or gold bullion. A bar is shaped from refined metallic gold. Find out why buying bars in gold bullion are one of the most coveted types of precious metals for investors.
Many investors appreciate the value of precious metals such as silver, gold, platinum, and palladium. A gold coin crafted at a mint is typically smaller than a gold bar made at a refinery. Very large and serious precious metals investors typically invest in a bar over coins, rounds, or fractionals because they are generally the most cost effective way to acquire physical gold bullion and they come in a wider range of sizes. Small bars are made by stamping or minting rolled gold sheets. The largest bars, such as kilo, 100 ounces, and 400 ounces are generally made by pouring molten metal into molds. Markings are usually made by presses.
Gold bar sizes start as small as 1 gram. They can go up to an exchanged size bar that weigh 400 ounces each. A bar that weighs 1 Troy weight (ounces) to 10 ounces is usually the most attractive and commonly chosen option for investors. They usually individually packaged by the refiner, making them tamper-resistant. Certificate holders are guaranteed of the weight and purity. Anything larger than 10 ounces of gold or one sold without the original packaging are often discounted. Dealers will then send them for melt and assay. It is easier to tamper with larger bars. Often buyers find the level of risk is not worth the minimal savings on these products. The exception is when the bar stays in the custody of a COMEX approved storage facility and savings can be realized without the high level of risk. 041b061a72