In this day and age, you feel like you’re living in the great depression, yet experts tell you that it’s a gentle downturn. This is the time when the worth of real estate seesaws maniacally, and your gold becomes worth its weight in…well, gold.
After all, currencies can rise and fall, but gold has maintained a high value since antiquity.
For instance, gold has been used since the 1500s as a currency in international trade.
However, when it comes to gold products, you’ll want to know exactly what they’re worth. Between all the gold bars, gold coins, and gold bullion, it’s critical to pick the right ones for your needs and properly gild your portfolio.
Keep on reading for our full breakdown of the types of gold bars available on the market and what makes each one of them unique.
Old Is Gold: Credit Suisse and Other Types of Gold Bars
Gold bars manufactured by Credit Suisse are highly regarded. The bank was an early innovator in the retail gold bar business, and it maintains a dominant position in the bullion bar industry.
The Swiss financial institution Credit Suisse is headquartered there. Their “Liberty” design gold bars come in 1, 2, and 20-gram weights and are popular since they are smaller than the typical IRA gold bar at 1 troy ounce.
PAMP Suisse: Another Suiss Win
PAMP Suisse, also situated in Switzerland, has a rich history in the precious metals trade. It might be said that PAMP Suisse Fortuna bars are the most widely traded Gold bars in the world.
They are.9999 pure gold and have been approved by the London Bullion Market Association. This company is as well-known and respected across the globe as Credit Suisse.
Gold from a Land Down Under: Perth Mint
The world-famous Perth Mint in Australia produces gold bars in increments of 1/2 ounce all the way up to 1000 ounces.
One of the finest refineries in the world created these 9999 pure bars. There are also 1-ounce and 10-ounce options for purchasing these products.
The bars’ tamper-evident packaging and the picture of a bouncing kangaroo make them an attractive investment opportunity.
Valcambi has been making gold, silver, platinum, and palladium bullion bars for investors for more than 40 years.
The Valcambi CombiBar is an option for investors seeking a gold bar with a genuinely unique design. Each bar contains 49 other bars. This makes them very lightweight (just 1 gram) and easy to dismantle.
These gold bars are.9999 great, making them eligible for IRAs.
However, the privilege doesn’t belong to gold bars alone. American Gold Eagle coins are also approved for IRAs.
This Swiss firm has been selling a 50-gram gold bar that is the size of a credit card since 2011.
Discover More About Gold Products and Gold Investing
Gold products of all kinds can be a phenomenal way to diversify your portfolio and inherently reduce risk, especially in such a volatile economy as the one we’re facing now.
And, who should you buy from other than the oldest Bullion dealer in the US? CMI can help you pick the right types of gold bars and teach you how to invest in gold. Contact us now and we’ll make sure you’re portfolio is shining by the time we’re done.