The most readily available 10-oz gold bars are those produced by the Swiss refinery PAMP, Australia’s Perth Mint and Credit Swiss. Occasionally, other accepted bars, such as Johnson Matthey, Engelhard and Metalor, are available.
Investors buying more than a hundred ounces often prefer 10-oz. gold bars, which offer low premiums and easy of handling. Some, though, opt for kilo gold bars (1,000 grams/32.15 oz.)
Buyers wanting less than one hundred ounces should consider 1-oz gold bars or 100-gram gold bars, both of which will offer greater flexibility when it comes time to liquidate.
Gold bullion bars offer gold investors low premiums and high liquidity. Ten-ounce gold bullion bars carry premiums significantly lower than premiums on popular gold bullion coins and 1-oz gold bullion bars. Ten ounce gold bullion bars also are easy to stack and store.
Presently, there are four sizes of gold bullion bars readily available: kilo gold bullion bars (1,000 grams/32.15 oz.), 10-oz gold bullion bars, 1-oz gold bullion bars and 100-oz gram gold bullion bars. PAMP, the prestigious Swiss precious metals refinery, produces all four sizes.
Although PAMP manufactures a myriad of gold bullion bars, only these four sizes are readily available in the United States. The smaller gold bullion bars, such as 1-gram and 20-gram bars are marketed through the jewelry industry at huge premiums and are not recommended for gold bullion investors.
Ten-ounce gold bars are often bought by investors buying several hundred ounces. Investors buying less than one hundred ounces may want to buy 1-oz gold bars or 1-oz bullion coins, both of which will offer greater flexibility when it comes time to liquidate and raise a little cash.
Credit Suisse gold bullion bars
Although PAMP gold bars currently dominate the gold bullion bar market, new Credit Suisse gold bullion bars are sometimes available, both 10-oz. and 1-oz. However, Credit Suisse gold bullion bars are produced by PAMP, which means buyers get essentially the same bars whether they buy gold bullion bars that are either PAMP or Credit Suisse. Credit Suisse gold bullion bars do not carry the Lady Fortuna design, but, of course, do carry the prestigious Credit Suisse hallmark.
Other gold bullion bars’ hallmarks
Other accepted hallmarks for gold bullion bars include Johnson Matthey, Engelhard, Metalor, Umicore and the prestigious Royal Canadian Mint (RCM). For now, though, PAMP 10-oz gold bars dominate the 10-oz gold bar market. When shortages occur, other manufacturers rush into production to take advantage of the higher premiums that accompany shortages.
Under normal conditions, though, PAMP gold bullion bars dominate the market, with the exception of the kilo gold bars. Royal Canadian Mint (RCM) kilo gold bullion bars are usually available, and, of course, are widely accepted in the gold bullion industry.
Gold bullion bars for IRAs
Ten ounce gold bullion bars, as are 1-oz, 100-gram and kilo gold bullion bars, are eligible to be put in IRAs. For more information about how to buy gold for self-directed IRAs that accepts gold and silver products, read Putting Gold and Silver in IRAs.
Gold bullion for sale
If you would like to discuss how to buy gold bars, call us at 1-800-528-1380. We take calls 7:00 am to 5:00 pm MST Mondays through Thursdays; Fridays 7:00 am to 3:00 pm MST. For more information about buying gold bullion bars, visit our Doing Business with CMI Gold & Silver page. See also Buying Gold.