One of the most highly circulated precious items in today’s times is gold bars. They have been there for decades and will be there for many decades in the future as well. If you intend to buy gold bars and you are considering the option to Buy Gold Bars 1Oz, then you should read on.
Here we have mentioned a few things to know before you Buy Gold Bars 1Oz
The Purity Matters the Most
When you wish to Buy Gold Bars 1Oz, remember that the purity of the matters of the bar above all, not the time it was mined. The origin or age of gold does not matter much as the precious metal does not lose its value over time or age. It is also indestructible. So, the gold bar created from the gold mined in South Africa last week would be at par with gold mined 3,000 years back in ancient Egypt.
Investment Grade Gold Tops the Rest
If you want to buy gold and you depend on NYC Gold Price, then you should know that the pricing of different purity of gold is different. In case you want gold for investment purposes, you should buy only investment-grade gold that has a purity of .9995. It means that it is barely alloyed with other metals like silver, platinum, or copper to create different colors like rose gold, white gold, etc. Many governments, banks, and individual investors trust investment-grade gold. It would help if you did that too.
Your Preference Matters a Lot
When you want to buy gold bars, you need to learn the pros and cons of each option and choose the one that meets your needs. Gold bars are designed in different weights and sizes to suit the needs and preferences of varied investors. You will get what you ask for.
The Dimensions Differ
While seeking gold bars after checking NYC Gold Price, you should know that the dimensions of gold bars differ based on the refinery it comes from. They also differ based on whether a gold bar was minted or cast. Minted gold bars are usually thinner than cast gold bars.
1Oz Gold Bars are a Good Choice for Many Reasons
If you intend to Buy Gold Bars 1Oz, you should know that it is precisely one troy ounce or exactly 31. 107 grams. It would be thin and rectangular, which will help ensure easy storage. It will also have tapered edges. To give you an estimate, it would usually be the same size as your credit card. It is better than a 10 ounce or a 1 kg gold bar option as its lighter and cheaper. It is also better than smaller gold bars like one gram, five gram or ten-gram gold bars as they are high in premium. The cost of casting or minting each gold bar is the same. Hence, gold bars less than an ounce have higher machining costs per unit.
Get from the Best
Now, if you are sure that you want to Buy Gold Bars 1Oz, you must buy it only from The New York Gold Company. We have built a reputation of trustworthiness and reliability over more than three decades and have an A+ rating from the Better Business Bureau that proves customer’s trust in us. When you shop with us, you will get multiple shopping options (online, in-store or via the phone), different payment options and faster shipping. You can also enhance the shopping experience by talking to our skilled, knowledgeable, and experienced professionals. They will give you the right advice regarding the gold purchase and help you pick the right products that meet your needs and suit your budget. Call us now for more!