Are you looking for useful information on gold bars for a safe investment that lasts? You are in the right place! So let's try to clarify and give some useful information, remembering that the money invested in the purchase of pure gold in the form of ingots is destined to maintain its value and purchasing power over time, especially in times of turbulence on financial exchanges and in times of economic crisis. Furthermore, investing in gold bars means not affecting your financial resources and liquidity in any way, as the bars are easily resell able on the market at any time.
We must always keep in mind that gold bars today are a form to hold, in a compact form, even hundreds of thousands of Euros occupying a relatively small space (although we always suggest to keep them in a safe to preserve them). When buying, when we are going to buy gold bars , it is good to know their identity card (in technical term "assay"), which will certify the weight, the cut, the manufacturer, the serial number and a purity of at least 99.5%.
The gold bars that arrive on the market with all the characteristics described are called " Good Delivery ". It is good to know that the weight of a gold bar is variable and that on the market they are available in different sizes: from 1 to 12,500 grams, including the cut in ounces produced by British smelters.
On the market, the most commercial and widespread cut is the 100 gram one , 50.6 mm long, 29.1 mm wide and 4.04 mm thick, but it is good to know that the value per gram is inversely proportional to the weight. : 1000 ingots of one gram cost more than a single ingot of one kilo, because of the production costs . The standard bar is the 400-troy ounce (12.4 kg or 438.9 ounces), while the most common and used ingot is the kilobar, which is 1000 grams in mass (32.15 troy ounces).
Where to buy gold bars?
It should be immediately specified that the person who professionally carries out the gold trade on his own behalf or on behalf of third parties is a professional operator in gold , as defined in article 1, paragraph 1, of Law no. 7, and that the sale of ingots is not subject to the payment of the current VAT. For the purchase of gold bars you can then contact the classic banks, or authorized dealers, who have their own historicity and seriousness. To check if the dealer is in order, just go to the Bank of Italy website
And verify their authorization. To buy gold bullion bars there are various possibilities and ways, but the important thing is to turn to serious and authorized shops; therefore the advice is to always check before investing the savings of a lifetime.
How much does a gold bar cost?
Now let's try to understand how much a gold bar costs . First of all it is good to know that gold is listed every day at the opening of financial exchanges all over the world, for 23 hours a day; therefore the price of gold is easily controlled at any time via the internet or through financial newspapers. Defining a definitive and reliable price would not be serious now, because the value changes continuously and daily, therefore setting a price would be misleading and untrue after a few hours.
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