The gold premium of a gold bar is determined by the costs of production, refining, fabrication, minting and the logistics of making the gold bar available for sale in the U.S. The gold price premium is defined as a percentage adjustment that is added or deducted from the gold spot price value of the gold bar. This additional level of refinement can greatly increase the production costs and as such make such formats far more expensive and less desirable by investors. Some gold bars can have purities as high as 5 nines or 0.99999 pure. A 1 oz gold bar has 0.999 or 0.9999 parts of pure gold, as such the 1 oz gold bar will weigh a little more than 1 troy oz in weight when impurities are accounted for. The weight of pure gold found in a gold bar that is being purchased. It is typically determined by the best bid and offer for gold as offered by large bullion banks trading in real time throughout the world and as provided by data providers such as Bloomberg and Thomson Reuters The gold spot price is the price 1 oz of pure gold that is available for immediate delivery.The price of a 1 oz gold bar is calculated using three components including the gold price or gold spot price: The price of a 1 oz gold bar is shown in the upper right section of this page. What Is The Price Of 1 oz Gold Bar Price? Larger gold bars are normally stored in our Secure Storage vaults internationally. High net worth investors frequently opt to buy 10 oz Gold bars and 1 Kilo Gold bars. If you wish to own a smaller coin and the divisibility benefits of smaller gold coins you can buy Gold Sovereigns. You can buy Gold Krugerrands, buy Gold Eagles, buy Gold Maples, buy Gold Philharmonics, or indeed buy Gold Britannias. We make a market in a range of the most popular bullion bar and coin products. What Other Types of Gold Bullion Products Should I Consider Buying? Insured delivery of gold bars to homes or offices is also popular and many clients do both - take delivery of a portion of their gold and own the rest in Secure Storage. clients access to allocated and segregated bullion storage in secure nonbank vault partners in safer jurisdictions in the world such as Zurich, Hong Kong, London, and Singapore. clients opt to store their gold bars in fully insured, offshore Secure Storage locations. We offer all major bullion bar and coin products for delivery and storage and you can pay by bank wire, by credit card or by debit card. We deliver gold bars and coins fully insured to our American clients throughout the United States from our depository partner vaults in Delaware. We have the cheapest 1 oz gold bars available, or you can call our office to place your order over the phone. You can buy 1-oz gold bullion bars online from GoldCore for delivery or storage using the BUY button at the best rate possible. How To Buy 1 oz Gold Bars In The United States From GoldCore? The Perth Mint’s 1 ounce bar is rectangular in shape with tapered corners, and measures 41.60mm by 24.60 mm with a 1.71mm depth. Kangaroos are 1 ounce minted gold bars with a fine gold content of 1 troy ounce, a fineness of 99.99%, and a minimum gross weight of 31.107 grams. These bars contain exactly 1 troy ounce of gold.įor example, the Perth Mint produces a minted gold bar (1 oz) known as Kangaroo gold bars which are popular with U.S. How Much Gold Is In A 1 oz Gold Bar?Įach 1 ounce gold bar has a minimum purity of 0.995 and is normally between 0.999 pure and 0.9999 pure or 24 karats. Perth Mint gold bars remain our most popular bullion bar. These would include the one-ounce gold bars from such highly regarded and LBMA approved refineries such as Johnson Matthey, Credit Suisse, MKS PAMP, Heraeus and government mints such as the Royal Canadian Mint, the Royal Mint and the Perth Mint of Western Australia. GoldCore only sells gold bars (1 oz) of recognized and widely-traded brands. Gold bars that are one ounce can make nice gifts but are better bought as an investment or a store of value since they are conveniently sized, affordably priced, and are well-known in domestic and in international markets. They are competitive from a price point of view and very suitable for both insured delivery and secure storage. Gold bullion bars are some of our biggest selling gold bullion formats in the U.S. Because 1 oz gold bars are manufactured from a variety of refineries and government mints, their look and feel can vary. They are produced either as cast or minted bars. 1 oz gold bars have a fineness, purity or gold content of at least 99.9%.ġ oz gold bars are usually rectangular. 1 oz gold bars are made from investment-grade gold bullion and each one weighs exactly 1 troy ounce, or 31.1034768 grams.