Solid gold where to buy

Factors that go into the price of gold coins can include an emphasis on appearance, condition, and intricate design, all of which lead to higher machining and labor costs than gold bars. The price of a gold bar, on the other hand, is primarily based on its weight in gold. Gold bars are pure gold.

For the most part, there are no intricate designs or unique finishes that must be preserved to near perfection, and a gold bar does not typically have historical significance limited to one culture or country.

Most importantly, however, gold bars are great for high-volume gold diversification. That's what they're made for! Due to their size and simplicity, gold bars are one of the fastest ways to build your precious metals portfolio. Buying gold bars can be your fastest route to large-scale gold ownership when time is of the essence. Gold bars can be ideal for efficient, high-volume precious metals diversification but also for helping you reach retirement with your hard-earned savings intact.

Select gold bars—like the 1 oz. Gold bars can be one of the most cost-effective ways to protect your retirement savings when it comes to precious metals. Call U. Build your retirement dreams on a foundation of gold bars to help keep you on track. You can buy gold bars over the phone or online through U. Money Reserve's website. She specializes in helping people finance their education and manage debt. John Schmidt is the Assistant Assigning Editor for investing and retirement. Before joining Forbes Advisor, John was a senior writer at Acorns and editor at market research group Corporate Insight.

Select Region. United States. United Kingdom. Kat Tretina, John Schmidt. Contributor, Editor. Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations.

Karat Gold Content 10K Was this article helpful? Share your feedback. Send feedback to the editorial team. Rate this Article. Thank You for your feedback! Something went wrong. Please try again later. Best Ofs. More from. By Kat Tretina Contributor. Information provided on Forbes Advisor is for educational purposes only. Your financial situation is unique and the products and services we review may not be right for your circumstances. We do not offer financial advice, advisory or brokerage services, nor do we recommend or advise individuals or to buy or sell particular stocks or securities.

There can also be processing fees and small lot fees for investors making smaller purchases. While collectively these costs may not significantly affect someone looking to invest a small portion of their portfolio in gold , the costs may become prohibitive for investors seeking to gain larger exposure.

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Bars vs. Buy Gold in Workable Sizes. Shop Around. Avoid Rip-Offs. The Bottom Line. Key Takeaways The most standardized way of directly owning physical gold is by acquiring bullion bars. Be sure you are doing business with a reputable dealer and check the bars' purity, form, size, and weight before purchasing. Keep in mind that purchasing gold bars comes with extra costs including storage and insurance and a sales mark-up.