Gold bars are a cost effective way to acquire gold bullion. Gold bars are produced by private companies like Elemetal, Republic Metals Corporation, Pamp Suisse and the Sunshine Minting Company. The Royal Mint and the Royal Canadian Mint also produce gold bars for sale. Unlike sovereign coins like the American Gold Eagle, privately minted gold bars generally make no pretension to replicate coin designs.
Gold bars are light on design and are purchased solely for their gold content. Gold bars usually contain the logo and design of the mint producing the bars, the name of the issuing mint, an imprint displaying the amount of gold in the bar, a statement of fineness, an unique serial number and little else.
Gold bars come in fractional ounce sizes (generally from 1-10 gram increments), one ounce, 50 gram, five ounce, ten ounce and one kilo sizes.
Gold bars are usually .9999 fine gold (24K) and can be purchased close to the spot price of gold. The shape of gold bars makes them easy to stack and store.
Gold bars have no numismatic value and are purchased solely for their bullion content.
Many gold bars can be used as IRA assets.
Currently, BGASC.com has a limited number of Elemetal and Republic Metal Gold Bars at heavily discounted prices for sale:
This article by BGASC is not, and should not be regarded as, investment advice or as a recommendation regarding any particular course of action.