OWN | 1 Kilo Gold Bars

OWNx Republic 1 kilo gold bar delivery
OWNx 1 kilo gold bar description
OWNx makes it simple to add precious metals like 1 Kilo Gold Bars to your investment strategy.

1 Kilo Gold Bars Overview

Based on Today's Gold Price, a 1 Kilo Gold Bar is worth approximately $107,980.13.

1 Kilo gold bars are a great way to maximize the number of ounces you own. These bars are low premium, .999+ pure bars from refineries such as Republic Metals.

Each bar includes an assay certificate that includes the serial number.
Individual bars available in sealed plastic.

These bars are approved for IRA investments.

If you have questions about these bars, please contact support.

More gold bar delivery options:
1 Oz Gold Bar | 10 Oz Gold Bar | 100 Gram Gold Bar | 5 Oz Gold Bar

Specifications

Gold content: 1 Kilo, or 32.15 oz, of .9999 pure gold.
Diameter: varies
Thickness: varies

Gold Historical Pricing

 

History and Significance

From ancient times, gold has been a cornerstone of trade and a measure of wealth. Gold bars, especially the 1 kilo variant, have been a preferred form of investment, offering both security and potential for growth in the face of economic uncertainty.

Types of Gold Bars

Gold bars can be broadly categorized into:

  • Cast Bars: Formed by pouring molten gold into molds, resulting in unique and uneven surfaces.
  • Minted Bars: Precisely cut from gold blanks, these bars are known for their smooth and even surfaces.

Features of a 1 Kilo Gold Bar

A 1 kilo gold bar, equivalent to 32.15 troy ounces, is a significant piece of fine gold. Its features include:

  • Dimensions: Typically flat, with some investors preferring a brick shape.
  • Security: To ensure authenticity, these bars often come with a serial number, certificates of authenticity, and advanced features like Kinegrams.

Gold Bar Brands and Manufacturers Renowned brands like the Royal Canadian Mint, Perth Mint, Credit Suisse, PAMP Suisse, and Johnson Matthey have made significant contributions to the gold bullion market, offering a range of gold bullion products that are trusted by investors worldwide.

Standard Measurements in Gold

Gold is primarily measured in troy ounces, with one troy ounce equaling 31.1034768 grams. This unit is distinct from the more common avoirdupois ounce.

Benefits of Investing in 1 Kilo Gold Bars

  • Liquidity: Easily traded among bullion dealers.
  • Low Premium: They trade at a low premium over the gold spot price.
  • Security: Advanced security features ensure authenticity.
  • Tangible Asset: A physical possession that offers a sense of security.

Conclusion

The 1 kilo gold bar is not just a piece of metal; it's a symbol of wealth, a secure investment, and a tangible asset that has withstood the test of time. Whether you're an investor or a collector, it's a valuable addition to any portfolio.

OWNx makes it simple to add precious metals like 1 Kilo Gold Bars to your investment strategy.

FAQs

What Does 1 Kilo of Gold Look Like?

A 1 kilo gold bar is typically flat and rectangular, with some resembling a brick shape. It shines with the distinctive luster unique to gold and features stamped details indicating its weight, purity (.9999 fine gold), refiner name, and serial number for authenticity.

How Big is a 1 Kilo Gold Bar?

A 1 kilo gold bar weighs exactly 32.15 troy ounces and typically measures approximately 4.3 inches long, 2.4 inches wide, and 0.3 inches thick. Despite its compact size, it's quite dense and substantial due to gold's high density properties.

What's the Difference Between Cast and Minted Gold Bars?

Cast bars are formed by pouring molten gold into molds, giving them a more rustic appearance with slightly irregular surfaces. Minted bars are cut from gold blanks and then stamped, resulting in precise dimensions, smooth surfaces, and sharp edges with a more polished appearance.

Why is Gold Measured in Troy Ounces?

Troy ounces are the historical measurement standard for precious metals, dating back to medieval times in Troyes, France. One troy ounce equals 31.1035 grams, which is slightly heavier than a standard avoirdupois ounce (28.35 grams), providing more precise measurements for valuable metals.

How Does the Stock Market Influence the Price of Kilo Gold Bars?

The stock market and the price of gold often have an inverse relationship. When stock markets experience volatility or downturns, gold investors tend to see gold, including kilo gold bars, as a safe-haven asset, driving its price up. Conversely, when stocks perform well, the demand for gold might decrease, potentially affecting its price.

Why Do Gold Investors Prefer Kilo Gold Bars Over Other Forms of Gold?

Kilo gold bars offer a substantial amount of gold in a single item, making it easier for storage and management. Additionally, these bars often have a lower premium over their gold content compared to smaller bars or coins, making them a cost-effective choice for gold investors.

Are Bullion Coins a Better Investment Than Kilo Gold Bars?

Both bullion coins and kilo gold bars have advantages. Bullion coins offer collectible value, government backing, and easier liquidation in smaller quantities. Kilo bars provide lower premiums and efficient storage for larger investments. With OWNx, selling either form is simple and can be done with just a few clicks through your account.

How Do Kilo Gold Bars Compare in Value to Other Precious Metals?

Kilo gold bars derive their value from the global gold spot price. While gold is traditionally seen as a stable store of value and hedge against inflation, other precious metals like silver, platinum, and palladium have different market dynamics, industrial applications, and price volatility, offering diverse investment opportunities within a precious metals portfolio.