Best Gold Bars to invest in 2022

by Nygold Co The New York Gold Company, Inc.

If you are looking for gold for sale, then buy gold bars at the lowest price per ounce for physical gold. Coins are attractive with their poignant designs, elegant engravings as assay packaging. However, all this only raises the premium and you will not get any returns on them. Gold bars are something that private finance companies, central banks, large investors to average investors buy and store. The size and shape of gold bars is essentially designed for easy storage. Essentially, one isn’t required to do too much research for investing in gold bars.

Choosing the right gold bar

Based on how much you are prepared to pay for it, you can look for gold for sale in different sizes. You can pick one gram of gold or 400 ounces of it. remember that the bigger the bar, the smaller the premium because it costs less to produce a 1 kg gold bar compared to a 1 oz gold bar. At the same time, the heavier sizes of the gold bars offer lesser liquidity. So, it will be easier to sell smaller-sized gold bars of 1 gram or 1 oz. With one large gold bar, you will have to liquidate your entire investment on that bar in one sale even if you don’t want to. It will be practical to invest in multiple numbers of smaller-sized gold bars over one large-sized one.

If you are a high net worth buyer, then it is prudent to buy large-sized gold bars. For average investors, the smaller-sized gold bars are better options. While purchasing the gold bars, there are two important points to note –

1. The brand

2. The stamping and hallmark

Top gold bar brands to choose from

Counterfeiting mostly occurs with larger-sized gold bars, however, there are some internationally renowned brand names in the gold mining sector whose bars are recognized worldwide. these bars come with authenticity certification, hallmarks, and unique identification numbers that are recognized anywhere in the world. Furthermore, only authorized dealers are allowed to trade these bars so one is assured of legitimate dealings at every stage.

Some of the well-known brands of gold bars are –

1. Credit Suisse - the international financial conglomerate Credit Suisse, in collaboration with Pamp Suisse manufacture these gold bars. They have simple designs and unique identifying serial numbers and with .9999 finesse they have IRA approval.

2. Johnson Matthey – it is an old English company dealing in metals production. They manufacture cast gold ingots through a low-cost manufacturing process which reduces the premium for investors. JM bars also have .9999 finesse.

3. Valcambi – another internationally recognized gold bar, Valcambi’s CombiBar is a unique design that was introduced by the Swiss company in 2011. These are 50-gram bullion bars that are sold in 1 gram units and can be easily broken apart.

There are many other many more reputed mints if you are looking for gold for sale that is recognized by IRA and can be traded anywhere in the world for that day's spot price.