Gold bar refers to the quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record-keeping. Larger gold bars that are produced by pouring the molten metal into molds are called ingots
Common Questions about Gold Bars
Do banks have gold bars?
Most banks have gold but not all banks sell physical gold though most banks sell gold prices that don’t favor people looking forward to buying or sell physical gold. Therefore if you are looking to buy and sell gold bars with a profit motive then you will need to buy it from a gold dealer, which makes us the perfect business partner with you by supplying you or selling it to you. We sell physical gold bars with 1kilo per bar and all our gold bars are 24 k and 22k with a very high purity of 95% to 98.8%.
Can you buy a physical gold bar?
Yes, the reason why we trade only gold as a precious metal is that we do mine and, meaning you can buy from us gold bars ranging from 1kg to unlimited amounts depending on the ability or requirement of the client . Gold is precious and with a very high value but also it is scarce due to its high demand and also its existence deteriorates with the time of mining. Buying a gold bar is a wise decision because it’s easy to sell since it is flexible to formulate in any shape.
What is a gold Doré bar?
Many people always hear about doré bars and today you will get some light about them. A doré bar is a semi pure alloy of gold usually created at the site of a mine It is then transported to a refinery for further purification to come up with the 24 karat gold bars with 99% purity of pure gold.
What’s the Size Gold Bars
Being an internationally recognized metal all around the world the size of a standard gold bar measures 7 x 3 5/8 x 1 ¾ inches, if we follow the mint in the united states it weighs about 400 ounces or 25 pounds. Though internationally accredited standards dictate it must weigh between 350 and 430 ounces.
Can I buy My Gold Bars?
Gold possession is not controlled by the government that is why here in Africa there are privately owned gold mines and also we privately buy and sell gold to even the local governments which are hedging themselves from the winds of inflation. So we sell gold bars to individuals, private companies, and governments. Even if you don’t have a company we have a set of experienced and smart lawyers to get you through the advisory steps with also provision of adequate information about the lucrative business. Therefore nothing should stop you from investing in the precious metal.
How do I keep My Gold Bars?
If you are in possession of gold for over 30years we have always advised our clients to keep their gold at home in a safe and private space, use a safe bank deposit box, or pay third-party storage from a legitimate firm or company. The reason being gold bars are not easy to claim or track lost or stolen. Remember owning gold is one thing and also storing it is also another.