Importance of Bullion Bars

A bullion bar is a uniform block of Precious Metal that’s valued almost exclusively for its melt value, and less so for the process it underwent to be produced. They’re a cost effective way to invest in gold and silver, especially if you’re looking for the most efficient means of building up your wealth by purchasing high quality bullion in large quantities.

These 1 ounce Royal Canadian Mint gold bars are made from refined gold with a minimum purity of.9999 fineness. In traditional artist mark RCM is an internationally recognized refiner of precious metals, known for their superior texture and finish as well as exquisite design work on coinage and other bullion products.

Unlike coins, where the designs on the surface are added after the fact, most gold bars are created with intricate designs as part of the manufacturing process. Most bars are cast, which is a more economical and less time consuming process than minting. Some are minted, which adds a degree of complexity to the production as dies must be designed and fabricated before they can be struck. Regardless of the method, most bars are impressed with their manufacturer’s name, weight and fineness/purity. They are also housed in protective packages and come with an assay card that verifies the bar’s weight, fineness and gold content as judged by a professional assayer.

Investment-grade bars must meet certain criteria to qualify for the London Good Delivery List administered by the London Bullion Market Association (LBMA). They must be made by a recognized government mint or refinery, have a specific shape and weigh a minimum amount to be considered for trade. They also must bear the name and logo of that mint or refinery, and larger bars may carry a serial number for verification purposes. These safeguards ensure the authenticity of the bars and that they can be traded internationally with ease.

While it’s not as common as investing in gold coins, many investors choose to purchase bullion bars because they offer more attractive prices per ounce than coinage or rounds. Additionally, bullion bars provide easy storage options and higher Precious Metal content in a smaller package than bullion coins.

Whether you prefer bullion bars or coins, JM Bullion offers a wide variety of sizes to fit any investor’s needs. You can even find gold bars from non-governmental mints, such as PAMP, that are crafted with more intricate designs and come with individual assay cards and protective slabs.

If you’re interested in buying a gold bar for investment, we recommend that you contact one of our Precious Metals specialists at your nearest branch office before you place your order. They’ll be able to assist you in making the best decision for your particular investment goals. Gold bars can be a great addition to your portfolio, providing a store of value, an inflation hedge and a form of financial diversification. However, be sure to weigh the potential risks and rewards before you make a final decision.