OWN|Various 1-oz Gold Bars|

Credit Suisse 1 oz gold bar delivery ownx

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

1 Oz Gold Bar Overview

Description

The 1 oz gold bar is the most popular gold bullion product in the precious metals industry. Many people choose these items because their size makes them affordable, they can be easily stored, they are sealed in tamper-evident packaging, and their premiums are often lower than government minted 1 ounce coins. OWNx provides bars from Credit Suisse and the Perth Mint - two of the premier minting companies in the world.

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

Specifications

Features of 1 oz Gold Bar

A 1 oz gold bar is a piece of gold that weighs exactly one troy ounce. It's a standard unit in the gold industry, representing a perfect blend of affordability and intrinsic value. These bars are known for their rectangular shape, often fitting comfortably in the palm of your hand. They come in various purities, with .9999 being one of the most common, representing 99.99% pure gold. The bars are often sealed in protective packaging, accompanied by an assay card that verifies their weight, purity, and unique serial number.

1 oz Gold Bar Producers

In the market of 1 oz gold bars there are several producers, each offering unique designs and features. From the Royal Canadian Mint's commitment to quality to PAMP Suisse's artistic brilliance, these producers add diversity to the gold market. Other notable names include the Perth Mint, Credit Suisse, and Scottsdale Mint. Each producer adheres to strict quality standards, often surpassing the requirements set by the London Bullion Market Association. Their bars become not just investment vehicles but works of art, reflecting craftsmanship and innovation.

Comparison with Other Precious Metals

While gold bars hold a special place in the investment world, they are not alone. Silver, platinum, and palladium are other precious metals that investors consider. However, gold bars, especially the 1 oz size, have certain advantages. They are often more liquid, meaning they can typically be bought or sold more easily. With OWNx, however, buying and selling your gold assets is as easy as a few clicks. Their value is widely recognized, and their purity is generally higher. Compared to silver, gold is denser, allowing for more value in a smaller space. These factors make 1 oz gold bars a preferred choice for many, symbolizing stability and timeless value.

Why Invest in Gold Bars?

Investing in gold bars, particularly the 1 oz size, is more than a financial decision; it's a strategic move towards wealth preservation and growth. In times of economic uncertainty, gold has historically served as a hedge against inflation and currency fluctuations. Unlike paper assets, gold bars are tangible, providing a sense of security and control. They are not subject to the whims of company performance or political instability. Many investors turn to gold bars as a way to diversify their portfolios, reducing risk and enhancing potential returns.

Benefits of 1 oz Gold Bars

The benefits of investing in 1 oz gold bars are multifaceted. Their size makes them accessible to a wide range of investors, from those just starting to seasoned professionals. The 1 oz weight is significant enough to hold value yet small enough for easy storage and handling. These bars often come with lower premiums over the gold spot price, making them cost-effective. Their purity ensures that you are investing in high-quality gold, recognized and accepted worldwide. Whether for long-term investment or as a potential heirloom, 1 oz gold bars offer a versatile and valuable asset.

Economic Aspects of Buying 1 oz Gold Bars

Understanding the economic aspects of investing in 1 oz gold bars is crucial for informed decision-making. The gold spot price represents the current price of gold per ounce in the global market, fluctuating throughout the trading day. Factors influencing this price include supply and demand, geopolitical events, interest rates, and currency values. Investors also consider premiums, which are additional costs over the spot price, covering manufacturing, distribution, and dealer fees. Being aware of these aspects allows investors to time their purchases, maximize returns, and navigate the complex world of the gold market.

How to Buy Gold Bars

Other Buying Factors to Consider

1 oz Gold Bar vs. Coin

The decision whether to buy a 1 oz gold bar or a gold coin depends on individual preferences, investment goals, and unique circumstances. Gold bars often come with lower premiums, making them more cost-effective. Their rectangular shape allows for efficient storage, especially in larger quantities. Coins, on the other hand, may carry numismatic value, appealing to collectors. They often feature intricate designs, representing history, culture, or national pride. Coins may also have legal tender status, backed by governments. Both bars and coins have their place in a diversified investment portfolio, and the choice ultimately depends on what resonates with the investor.

Learn how simple it is to buy gold bars and coins with OWNx.

Physical Aspects

A 1 oz gold bar is typically small enough to fit in the palm of your hand or an average desk drawer. Its rectangular shape is iconic, allowing for easy stacking and storage. The dimensions may vary slightly between producers, but the weight of one troy ounce remains constant. This standardized weight ensures that the bar's value is recognized and accepted worldwide. The compact size and uniform shape make the 1 oz gold bar a practical and attractive investment option.

Storage and Handling

Proper storage and handling of 1 oz gold bars is essential to maintain their condition and value. Some investors choose safety deposit boxes, large vaults, or secure home safes for storage and provides delivery options if this is your preference.

Some bars come in protective plastic cases, preserving their appearance. Handling gold bars with care, preferably while they are in their packaging, prevents scratches and wear. Considering potential resale, maintaining the bar's integrity is vital. Whether stored as part of a larger collection or as a single piece, the 1 oz gold bar's size and shape offer flexibility and convenience.

OWNx also offers the option to store your 1 oz gold bars in it's weighted equivalent of gold, silver, platinum, or palladium in our vaults and if you decide you want to take delivery in the form of a 1 oz gold bar, you can do so in just a few clicks in the OWNx app.

Gold Bars Historical Significance

Gold bars have a rich and diverse history, transcending cultures and epochs. Ancient civilizations used gold as currency, status symbols, and offerings to deities. The 1 oz gold bar, as a standardized unit, represents a modern manifestation of this timeless fascination. From the gold rushes of the 19th century to modern central bank reserves, gold bars have played a pivotal role in shaping economies, politics, and social structures. They have been at the heart of exploration, conflict, innovation, and artistry, reflecting humanity's complex relationship with this precious metal.

Collectible Value

Some 1 oz gold bars are more than investment assets; they are collectibles. Limited editions, unique designs, historical connections, or association with significant events can add value beyond the gold content. Collectors may seek bars from specific producers, periods, or themes, creating a personal and meaningful collection. These bars become conversation pieces, representing not just financial value but cultural, historical, or aesthetic significance. Whether as part of a broader collection or a standalone piece, a 1 oz gold bar can be a source of pride and enjoyment.

Influence on the Economy

Gold bars, including the 1 oz size, have a profound influence on the global economy. They are often seen as indicators of economic health, with their prices reflecting market confidence or uncertainty. Central banks hold significant gold reserves, using them to settle international debts or stabilize their currencies. The gold market interacts with other financial markets, influencing interest rates, inflation, and investment strategies. The 1 oz gold bar, as a tangible representation of this influence, connects individual investors to the broader economic landscape, embodying both personal wealth and global interconnectedness.

Gold Bars Security Features

In an age of technological advancement, security features in 1 oz gold bars have evolved. Modern bars often come with holograms, laser engravings, unique serial numbers, and other anti-counterfeiting measures. These features not only enhance the bar's aesthetic appeal but provide added assurance of authenticity. Producers invest in research and development, implementing cutting-edge technology to protect both their reputation and the investor's interest. Owning a 1 oz gold bar with these security features represents a fusion of tradition and innovation, reflecting the dynamic nature of the gold industry.

Gold Bars Design Innovation

Technology has also revolutionized the design aspects of 1 oz gold bars. Intricate patterns, detailed imagery, and even customizable designs are now possible, thanks to modern minting techniques. Producers like PAMP Suisse are known for their artistic excellence, turning gold bars into miniature masterpieces. These designs can represent cultural motifs, historical events, or abstract art, adding layers of meaning to the gold bar. For investors and collectors, these innovations enhance the joy of ownership, making each bar a unique expression of creativity and craftsmanship.