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Gold is one of the most popular investment options available today. As it’s available in different forms like gold coins, gold bars, or even gold jewelry, its charm only increases with time as more and more people are lured by it. It has also proven to be a useful asset in testing times of COVID-19 as the stock market crashed, but the prices of gold and other precious metals only soared. If you are a new investor attracted to gold, you should consider investing in gold bars. We can help you get you the best deal at best prices when you want to find quality gold bars for sale. Read on to know how.
Why Must You Consider Gold Bars?
New investors looking for a reliable investment option should consider gold bars as it offers more value for money than other options like gold coins. You should know that there are two primary types of gold cast gold bars and minted ingots.
What are Cast Bars?
Cast gold bars are simple gold bars that are made by using a straightforward process. These bars have a refinery logo that is visible on the surface. They also have some of the essential markings like purity, weight, metal content, etc.
How Are They Made?
The cast gold bars are made by melting gold in a huge vat. After the melting process is complete, the melted metal is carefully poured into prefabricated molds. These molds are not extraordinary, but they are designed to ensure that the purity and weight of the bars are just right. After adding to molds, the bars are left alone for some time so that they can cool off, and the metal can take the right shape. Sometimes, if there is a time constraint, the molds are dropped into cold water. This speeds up the cooling process considerably and ensures that the bars are ready to be sold.
What are Minted Ingots?
Minted ingots differ from cast gold bars as they are manufactured using a more refined process that obviously takes more time.
How Are They Made?
They start as long cast bars, which are then added to the stamping press. It is a special press that is controlled by a computer. It is used to cut the minted ingots into a specific shape and size. After that, the bars keep in the press production line so that an image can be engraved into these bars. Some things that make these bars more appealing than the cast bars are that minted ingots have more stunning design elements, amazing visual finishing, and eye-catching sharp edges.
Minted ingots are made with a more refined process. All minted gold ingots start as long cast bars, which are fed into a stamping press. This press is computer-controlled and stamps (cuts) the minted ingots to a desired size and shape, and then continues along the press production line to have an image engraved onto the bars. These bars typically have brilliant visual finishes, more intricate design elements, and sharp edges.
Where to Buy High-Quality Gold Cast Bars and Minted Ingots?
If you are looking for cast gold bars for sale or minted ingots, you can trust The New York Gold Company. We are one of the most reputed and trustworthy gold bars and coin dealers in NYC that ensure you get gold with investment-grade quality sourced from the top mints worldwide. Trust our products once, and you’ll want to order from us repeatedly. If you need help selecting the gold bars according to your budget, connect with our customer services team that will be happy to help you. Call now!
