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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.
For every piece of Gold sold, a premium is attached to it. The premium price includes costs of fabrication and distribution, dealer markup and any collector value added to spot price. Typically, larger Gold bars, like a 10 oz, have a lower premium per troy ounce than smaller bars.
Most gold investors purchase gold bullion bars instead of coins when they are looking to acquire the most gold ounces for their capital. Gold bars typically do not carry any collectible value and their purchase price is heavily dependent on the producer, purity, and overall weight of the gold bar.
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 ...
Gold bullion bars have lower premiums over the spot price of gold when compared to gold bullion coins, and the variety of options is far more diverse. Gold bullion bars are available not only in the aforementioned weights, but also styles including cast, hand-poured, and minted ingots.