24k gold bar

24k Gold Bar

24k Gold bar appreciates over time and have always been a popular and wise investments for investors worldwide. All currency and commodity was backed up by 24k Gold bar in the past but are now created more for the purpose of buying and sellling. The perception of 24k gold bar is highly valuable, rare, attractive and demanding by general public. Thus investing in 24k gold bar is definitely a wise choice.

There are two classifications on 24k gold bar, minted and cast. Casted gold bars are created by placing gold that has been boiled down into a liquid into a special ingot mold. It forms into gold bards when cooled which can be traded later. As for minted 24k gold bar, it is made through the minting process and crafted from gold blanks and special flat sheets that are later pressed, stamped and cut into the gold bars.

24k Gold Bar

24k gold bar is sold according to their weight measurements in grams. 24k gold bar is the most expensive form of gold as it is pure gold while gold with lower karats are mixed with alloy of other metals. When dealing with buyers, sellers and traders, the decimal number between 0 and 1 is often used instead. For example, 24k gold bar has purity level to 0.9999 which is close to 1.

Gold bar prices fluctuate each day based on the benchmark supplied daily. These figures are used to indicate the gold prices in the open market. All gold bars are created differently and uniquely with quality in mind. The top 5 manufacturers are the South African Rand Refinery, PAMP Gold of Switzerland, Switzerland's Metalor Technologies refinery, the Japanese Tanaka Kikinzoku Kogyo refinery and the Argor-Hereaeus.

24k Gold Bar

24k gold bar can also be purchased with the issued of documents called Assay Card with gold content information and a certificate number.  These Credit Suisse gold bars are offered in a variety of weights and sizes, in particular, 1 ounce, 1g, 2.5g, 5g, 10g and 20g weights. On the other hand, the PAMP Suisse Gold bars come in 1 ounce, 10 ounce, 1g, 2.5g, 5g, 10g and 100g weights.

Be sure to check the details carefully when making your purchase on 24k gold bar. Check on the brand name, gross weight of the 24k gold bar, the serial number of the gold bar and make sure you buy from the trusted sites and shops. If in doubt, just ask for the relevant information to determine their credibility. Finally, make sure to store away your precious 24k gold bar to a vault site that is bonded for the gold storage. Better be safe than sorry.