Shop 1 Kilo Gold Bars for Sale
The most attractive aspects of owning gold coins—the majesty of their color, the quality of their production, the heft of tangible wealth in your hand—seem to increase with a 1 Kilo Gold Bar. The feeling goes beyond the sheer volume of the gold bullion bar, which, by weight, is roughly equivalent to 32 one-ounce gold coins. It’s a large number, but not large enough to explain how compelling it is to hold a 1 Kilo Gold Bar. The answer comes down to the gold bar’s outstanding purity and the many reasons to own gold bars.
Why Buy a 1 Kilo Gold Bar?
This 1 Kilo Gold Bar boasts 32.15 ounces (or 1,000 grams) of .999 pure gold and is a fantastic option for long-term holds. In general, gold bars are a convenient form for large gold purchases and help buyers meet their diversification needs. The main advantages of buying gold bars as large as 1 kilo include:
- Fast, high-volume diversification: Due to their size and simplicity, gold bars are one of the fastest ways you can build your precious metals portfolio. When time is of the essence, buying gold bars can be your quickest means of achieving large-scale gold ownership.
- More ounces of gold, for less: You can typically purchase more ounces of gold for less than if you bought the same amount of gold as individual coins.
- Easy storage: The compact size, durability, and portability of gold bars allow for a variety of easy storage options. Gold bars can be stacked or stored side by side, with or without protective packaging.
If you're still wondering how gold bars can help support your precious metals portfolio and build wealth that lasts for generations, call U.S. Money Reserve. Experienced Account Executives are standing by to answer your questions and help you choose the right gold bars your portfolio, even if that means starting with a smaller 1 oz. or 10 oz. gold bar.
History of the 1 Kilo Gold Bar
The history of gold bars, especially bars as large as 1 kilo, is hard to trace. Some historians believe that the first mention of something like a gold bar dates back to Ancient Rome, though the earliest "gold bar" probably looked more like a lump than a smooth, rectangular brick.
The Roman author Tacitus references a story told by Cesellius Bassus wherein he claims to know the location of “immense stores of gold, not wrought into the form of a coin, but in rude and shapeless ingots.” Ingots were made from pouring molten gold into a clay mold. These molds were refined over time and may have eventually led to the production of smoother, more recognizable gold bars.
With that said, not all gold bars for sale are equal. Some have the advantage of being crafted by some of the finest producers in the world, including the Perth Mint in Australia, Johnson Matthey, Asahi, and the Royal Canadian Mint. All of U.S. Money Reserve’s 1 Kilo Gold Bars come from these esteemed producers (though brand names are subject to availability at the time of each order).
The 1 Kilo Gold Bar Design
The production quality of the 1 Kilo Gold Bar is easy to see. Smooth sides, rounded corners, discreet stampings. The 1 Kilo Gold Bar is as beautiful and aesthetically powerful in its simplicity as any gold coin.
Unlike many gold coins, gold bars are typically not produced with intricate and unique designs that majorly impact the bar’s market value. Bars are, however, minted with identifying marks that provide details about the bar’s producer, weight and gold purity, and sometimes a serial number for identification.
How Much Do 1 Kilo Gold Bars Cost?
Well, how much does gold cost? Gold bars are plain gold, pure and simple. The market value of a gold bar is almost entirely based on its weight in gold. A bar’s price closely follows the spot price of gold, i.e., the price at which you could buy one ounce of gold right now (“on-the-spot”) as opposed to some date in the future.
Because of this, gold bars are one of the easiest forms of the precious metal to understand. For the most part, there are no intricate designs or special finishes that must be preserved to near-perfection for a bar to maintain its price, and a bar typically doesn’t have historical significance that’s limited to one culture or country. Given this simplicity, gold bars can be easy to buy and sell, as they’re accessible and appealing to a variety of buyers—commercial, private, domestic, or international.
Also impacting the cost of gold bars for sale is the supply of gold, as well as local, national, and global economic conditions. Call a U.S. Money Reserve Account Executive for more information on gold bar prices.
Where Can I Buy 1 Kilo Gold Bars?
1 Kilo Gold Bars are available online or over the phone from U.S. Money Reserve, America's Gold Authority®. Call now to receive live pricing and vault inventory selection from one of our Account Executives. You can also browse 1 oz. and 10 oz. gold bars for sale online.