Gold Bars 1oz

Buy 1 oz Gold Bars at philoro

One Ounce of Gold: Why 1 oz Gold Bars and 1 oz Gold Coins Have Different Prices

Gold is by far one of the most popular precious metals. This status is mainly due to its exceptional properties. Gold is highly resistant, does not rust, and melts at 1,063 degrees Celsius, which is why it remains solid at room temperature. Additionally, gold is a finite resource with great potential for value appreciation. The history of gold also shows that it is particularly crisis-resistant. While stocks experience fluctuations, the gold price has continuously increased over the past decades. Even during the financial crisis of 2008, gold reached a record high of over 1,000 USD per ounce. Today, prices exceeding 2,000 USD per ounce are no longer uncommon.

Gold is measured worldwide in troy ounces, with one ounce equaling 31.1 grams. However, when purchasing one ounce of gold, you may notice that products with the same weight have different prices. This difference can be explained by production costs. The more complex the manufacturing process, the higher the price. One-ounce gold coins are usually minted with intricate designs, making them more expensive compared to a 1 oz gold bar.

Difference Between Minted 1 oz Gold Bars and Cast 1 oz Gold Bars

philoro offers 1 oz gold bars in both minted and cast forms.

• Minted bars are precision-stamped from high-quality gold sheets. Their surface appears smoother, and the edges are more refined compared to cast bars.

• Cast 1 oz gold bars are produced by melting gold and pouring it into a mold. During the cooling process, unique solidification lines form, making each cast bar a one-of-a-kind piece.

Both types of 1 oz gold bars come with security features, visible on the front, back, and edges. The bars are stamped with the philoro logo and the refinery mark. Additionally, when purchasing a 1 oz gold bar, you receive a numbered certificate guaranteeing its authenticity and quality.

What Are the Advantages of Buying a 1 oz Gold Bar?

Compared to larger denominations, 1 oz gold bars can be acquired with a smaller budget. Their compact size also offers handling benefits. They take up minimal storage space and can be easily stored. Additionally, they serve as an excellent alternative to coins as a gift with long-term value for special occasions such as weddings or baptisms. If you wish to present the bar in an elegant manner, we recommend purchasing a gold bar box.

The 1 oz gold unit is internationally recognized, making the trading and resale of gold bars even more convenient.

Buying 1 oz Gold Bars securely for a stable investment

When purchasing a 1 oz gold bar, we recommend visiting a reputable and trustworthy precious metals dealer. Such dealers will provide expert advice on different product options and prices for one ounce of gold.

Pay attention to whether the dealer has received industry awards and operates multiple locations with real addresses. Additionally, checking reviews from previous customers can provide insights into their experiences.

At philoro, you can purchase your 1 oz gold bar not only in-store but also through our online shop. Each 1 oz gold bar comes with a numbered certificate ensuring the authenticity of the product. Since our prices for one ounce of gold are linked to the current gold rate, you will always receive the latest and best prices for a 1 oz gold bar. The current gold price can be found at the top of our website.

Discover philoro’s Product Range and Customer Service

philoro offers a wide selection of products. In addition to 1 oz gold bars, you will find other bars in silver, platinum, and palladium in various sizes, as well as a large selection of investment coins and modern numismatic coins. We also provide various storage solutions, such as precious metals depots or safe deposit boxes, and offer a precious metals savings plan that allows you to gradually invest in a golden future. Visit us at one of our branches or contact us by phone to explore your options for purchasing 1 oz gold bars. We look forward to assisting you!