1 oz gold bars are made from investment-grade gold bullion and each one weighs exactly 1 troy ounce, or 31.1034768 grams. 1 oz gold bars have a fineness, purity or gold content of at least 99.9%.
1 oz gold bars are usually rectangular. They are produced either as cast or minted bars. Because 1 oz gold bars are manufactured from a variety of refineries and government mints, their look and feel can vary.
Why invest in 1oz gold bars?
Gold bullion bars are some of our biggest selling gold bullion formats in the U.S. and globally. They are competitive from a price point of view and very suitable for both insured delivery and secure storage.
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.
Who Makes 1oz Gold Bars?
GoldCore only sells gold bars (1 oz) of recognized and widely-traded brands. 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. Perth Mint gold bars remain our most popular bullion bar.
How Much Gold Is In A 1 oz Gold Bar?
Each 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. These bars contain exactly 1 troy ounce of gold.
For example, the Perth Mint produces a minted gold bar (1 oz) known as Kangaroo gold bars which are popular with U.S. gold buyers and investors. 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. 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.
How To Buy 1 oz Gold Bars In The United States From GoldCore?
You can buy 1-oz gold bullion bars online from GoldCore for delivery or storage using the BUY button at the best rate possible. We have the cheapest 1 oz gold bars available, or you can call our office to place your order over the phone.
We deliver gold bars and coins fully insured to our American clients throughout the United States from our depository partner vaults in Delaware. 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.
Many of our U.S. clients opt to store their gold bars in fully insured, offshore Secure Storage locations. We specialize in offering U.S. 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.
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.
Minimum order value 5000 USD
Live Prices
| Order Value | Price | Premium |
|---|---|---|
| $ 1,500 - $ 68,999 | $ 2,684.19 | 4.10% |
| $ 69,000 - $ 136,999 | $ 2,677.14 | 3.83% |
| $ 137,000 - $ 342,999 | $ 2,667.27 | 3.44% |
| $ 343,000 - $ 684,999 | $ 2,658.82 | 3.12% |
| $ 685,000 - $ 1,368,999 | $ 2,653.18 | 2.90% |
| $ 1,369,000 + | $ 2,648.95 | 2.73% |
What Other Types of Gold Bullion Products Should I Consider Buying?
We make a market in a range of the most popular bullion bar and coin products. You can buy Gold Krugerrands, buy Gold Eagles, buy Gold Maples, buy Gold Philharmonics, or indeed buy Gold Britannias. If you wish to own a smaller coin and the divisibility benefits of smaller gold coins you can buy Gold Sovereigns.
High net worth investors frequently opt to buy 10 oz Gold bars and 1 Kilo Gold bars. Larger gold bars are normally stored in our Secure Storage vaults internationally.
What Is The Price Of 1 oz Gold Bar Price?
The price of a 1 oz gold bar is shown in the upper right section of this page. The price of a 1 oz gold bar is calculated using three components including the gold price or gold spot price:
- The gold spot price is the price 1 oz of pure gold that is available for immediate delivery. 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 weight of gold. The weight of pure gold found in a gold bar that is being purchased. 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. Some gold bars can have purities as high as 5 nines or 0.99999 pure. 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.
- The gold price premium. 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. 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. and in international markets. Gold bar prices are also impacted by the supply and demand in the market and the competitive forces between gold brokers who offer gold bars for sale and the amount of gold that the client is seeking to invest - larger sums commanding lower gold premiums.
In order to determine the gold price of a gold bar (1 oz), simply multiply the spot price of gold by the number of gold troy oz in the gold bar (1 oz) and add or subtract the current premium for that gold bar.
Should Investors Buy 1 oz Gold Bars?
1 oz gold bars typically command premiums of between 2.5% and 3.75% with GoldCore who offer some of the most competitive premiums in the gold market. They are great for accumulating gold at attractive premiums that are considerably cheaper than gold coins. As long as you buy from a reputable dealer, tamper-proof and sealed bars you should be fine.
Please Note - Bar Brands
While all gold bars sold by GoldCore are from LBMA approved refiners and mints, the bars that you will receive may not necessarily be identical to those pictured.
