A gold bar is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling and record keeping. Larger gold bars that are produced by pouring the molten metal into molds are called ingots
Common Questions about Gold Bars
Most banks have gold but not all banks sell physical gold though most banks sell gold prices which don’t favor people looking forward to buy and sell physical gold. Therefore if you are looking forward to buy and sell gold bars with a profit motive then you will need to buy it from a gold which makes us the perfect business partners with you by supplying you or selling it to you. We sell physical gold bars with 1 kilo per bar and all our gold bars are 24 k and 22k with a very high purity of 95% to 98.8%.
Yes the reason why we trade only gold as a precious metal is because we do buying and selling meaning you can buy from as gold bars ranging from 1kg to at least 20kgs. Gold is precious and with a very high value but also its scarce due to its high demand and also its existence deteriorates with time of mining. Buying a gold bar is a wise decision because its easy to sell since its flexible to formulate in any shape.
Many people always hear about doer bars and today you will get some light about dore bars. Out of experience I will define Dore bars as a semi pure alloy of gold usually created at the site of a mine. Its then transported to a refinery for further purification to come up with the 24karat gold bars with 99% purity of pure gold.
Being an internationally recognized metal all around the world the size of a standard gold bar measures 7 x 3 5/8 x 1 ¾ inches, if we follow the mint in the united states it weighs about 400 ounces or 25 pounds. Though internationally accredited standards dictate it must weigh between 350 and 430 ounces.
Gold possession is not controlled by the government that is why here in Africa we privately own gold mines and also privately buy and sell gold to even the local governments in plan of hedging themselves from the winds of inflation. So we sell gold bars to individuals, private companies and governments. Even if you don’t have a company we have a set of experienced and smart lawyers to get you through the advisory steps with also provision of adequate information about the lucrative business. Therefore nothing should stop you from investing in the precious metal.
If you are in possession of gold for over 30 years we have always advised our clients to keep their gold at home in a safe and private space, use safe bank deposit box or pay a third party storage from a legitimate firm or company. Reason being it’s not easy to claim for track lost or stolen. Remember owning gold is one thing and also storing it is also another.