1-866-646-8465
CHARTS
0

Your Cart:

Subtotal: $0.00

Answers to All Your Gold Bar Questions

The Most Popular Gold Bar Questions, Answered

For buyers of precious metals, few things compare to a gold bar—holding it is like gripping the weight of wealth and centuries of global fascination. It’s heavy stuff, in more ways than one. If you’re considering joining the “gold bar club,” you likely have a few questions. You’re not alone. These are the most common gold bar questions searched online, and America’s Gold Authority® has the answers for you right here!

Gold Bar Q&A

Q: How much is a gold bar worth?

A: This question can be answered in multiple ways. First, let’s look at the price of a gold bar. The price of a gold bar is primarily determined by its weight (more on that in a second) and various economic factors, such as:

  • Global economic conditions
  • Current market supply of gold
  • Overall demand for gold bars

These factors play off each other to determine a gold bar’s final price. But there’s another type of estimation that can’t be calculated in dollars and cents—personal significance.

Do you own gold bars that were passed down from grandparents as a means of preserving generational wealth? Do you want to buy gold bars as an alternative savings vehicle outside of the traditional system? Do you want gold bars because they’re wealth that you can hold in your hands without worrying about damaging its condition? People buy gold for many reasons, and no reason is wrong. In the end, a gold bar’s final estimation is much more complex than its price.

Q: How much does a gold bar weigh?

A: At U.S. Money Reserve, gold bars are available in weights of 1 ounce, 10 ounces, and 1 kilo (32.5 ounces). Gold bar buyers find the various weights attractive because they offer a range of affordability that fits multiple gold-buying scenarios. Knowing the amount of wealth that you wish to safeguard, for example, will help you determine which gold bar weight works best for you!

Q: How big is a gold bar?

A: The physical dimensions of a gold bar vary based on the overall weight of the bar and the manufacturer or minting facility. The following measurements are for Perth Mint gold bars.

  • A 1-ounce gold bar is roughly 0.95 inches wide, 1.65 inches long, and 0.08 inches thick.
  • A gold bar that weighs 1 kilo, meanwhile, is about 1.58 inches wide, 3.15 inches long, and 0.71 inches thick.

Want a BIG gold bar? You can find one at Fort Knox. Hidden away in Fort Knox’s high-security facility are gold bars that measure roughly 3.625 inches wide, 7 inches long, and 1.75 inches thick. Each one weighs approximately 400 ounces. The bad news? They’re not for sale. In fact, no visitors are permitted in the U.S. Mint’s Fort Knox facility. The good news? You can buy gold bars that are similar to the ones at Fort Knox from U.S. Money Reserve.

Q: How can I buy gold bars?

A: You can buy gold bars a few different ways: online, over the phone, or from a private seller. The method that works best for you will likely depend upon factors like:

  • Convenience: the ability to buy gold bars in precisely the weight and price point you want, when you want them
  • Reputation: enjoying the peace of mind that comes with buying gold bars from a reliable and trusted source that demonstrates many years of outstanding client service
  • Education: receiving quality insight and information when buying gold bars from a particular outlet

Q: Where can I buy gold bars locally?

A: You can find a precious metals dealer near you that sells gold bars. However, there’s nothing closer to home than buying gold bars from the comfort, convenience, and safety of your own home. For local gold-buying opportunities, consider the benefits and disadvantages of working with a local dealer before risking one cent of your hard-earned money at a neighborhood shop.

Q: Should I buy gold bars or gold coins?

A: The answer to the “gold coins vs. gold bars” debate depends on what you want from your gold portfolio. Is fast, high-volume diversification important to you? Are you interested in paying a lower average premium? Then you want to look closely at gold bars.

However, if you’re more interested in providing a meaningful gold gift to someone—as a graduation present, for instance—or enjoy variety in your precious metals portfolio, gold coins might be the answer.

Knowledge is gold bar power.

The novelist Thomas Berger once said, “The art and science of asking questions is the source of all knowledge.”

Now that you’re armed with so much knowledge about gold bars, you’re ready for the next step.

Experienced U.S. Money Reserve Account Executives are standing by to answer your questions and help you choose the right gold bars for your portfolio. Call 1-844-307-1589 today for a pressure-free one-on-one consultation!

Recent Articles

Gold’s Path to $4,000/oz. Looks Clear

Gold’s Path to $4,000/oz. Looks Clear

Gold shattered another record last weekend, climbing past $3,100/oz. for the first time in history. This milestone comes just weeks after gold broke through $3,000/oz., highlighting the growing momentum behind this historic rally. I’m not surprised. The forces driving...

The Current Market Meltdown and What Comes Next

The Current Market Meltdown and What Comes Next

As I write this, consumer and business confidence is plunging as the tech-heavy Nasdaq and broader-market S&P 500 stock indexes have fallen into correction territory, defined as a price decline of 10% off a peak, which for both indexes came only a month ago. The...

Gold’s Climb Past $3,000 Signals More to Come

Gold’s Climb Past $3,000 Signals More to Come

Last Friday, gold made history by breaking through the $3,000/oz. barrier for the first time ever. While this milestone is significant, if you think gold’s rally is over, think again. It’s very likely this is just another step in gold’s long-term climb. Gold’s latest...

Rising Debt Levels Point to Higher Gold Prices

Rising Debt Levels Point to Higher Gold Prices

What are we to make of gold’s recent price fluctuations? I’m not concerned. Gold needs a little time to consolidate above $2,800/oz. before making an assault on $3,000/oz. That has been the pattern over the last year or so. First, it was $2,000/oz., then $2,300, then...

How Shifting Consumer Sentiment Points to Gold’s Resilience

How Shifting Consumer Sentiment Points to Gold’s Resilience

If you’ve been paying attention to the news lately, you’ve probably noticed a lot of uncertainty about the economy. Inflation is still a concern, the job market is showing signs of weakness, and according to the latest Consumer Confidence Survey, Americans are feeling...

Banks Are Betting on Higher Gold Prices

Banks Are Betting on Higher Gold Prices

Gold has been on a relentless climb, breaking through record highs with ease. Just a few weeks ago, I was writing about how gold prices had broken above $2,800/oz.—then, just one week later, they topped $2,900/oz. As I write this, gold prices are closing in on the...

Start diversifying today

   1-866-646-8465

As one of the largest distributors of precious metals in the nation, U.S. Money Reserve gives you access to our highly-trained team.

U.S. Money Reserve Gold Kit and Global Gold Forecast Special Report Thumbnail
The Ultimate Guide

Free Gold Information Kit

Sign up now to receive the ultimate guide to gold ownership, unlock special offers, and more.