Prior Considerations before investing in Gold Bullion Bars

The general notion is that gold bars are stored at the back of heavy vaults deep below the surface of the earth. But the truth is that gold is available in various shapes and sizes as is suited to different investors. Troy ounce are used to sell bullion bars. The common sizes in which bullion bars are sold are one troy ounce, ten troy ounces hundred troy ounces or larger sizes. Usually these bars are sold by gold dealers at a percentage more than the spot price of gold. Actually the size of the bar is inversely proportional to the percentage that you will have to pay i.e. the smaller the size of the gold bar, larger is the premium that you will have to pay. Bullion bars are mostly purchased by individuals or corporations intending to make large investments in gold. The 1 oz gold bullion bar is available in PAMP or Credit Suisse types so you can buy gold bars easily. A 1 oz PAMP Suisse Lady Fortuna gold bar in an assay card can be bought online at a price of around $1411.50 U.S dollars. The word "bullion" traditionally stands for gold or other precious metals or ingots. Buying gold bullion bars is a smart investment option. If bought from a private supplier for personal possession, you may have to pay a dealing price as much as in case of gold bullion coins (8 %). London is the main market having the physical bullion. All bullion sold in the spot market of London necessarily have the following traits 1) must be of a minimum of 99.5% purity 2) must be a bar of standard shape approximately of 400 oz 3) must be precisely assayed in order to accurately know the gold content in the bar (weight and purity) 4) must be manufactured by one of the listed refiners. Though bullion is the best and cheapest way to transact gold, it is unfortunately not too accessible to private buyers. The reasons being that due to the size of the bars they are expensive for private possession; the other reason is that the bullion vaults which store these bars are not open to the public. Bullion bars have no artistic components like gold jewellery or numismatic coins. So if you order gold bars, you must take care of small things such as purity and other standards.

The following factors must be kept in mind while investing on gold bullion:-

1. The money you intend to exchange for gold
2. Are you interested in taking possession of your gold or not
3. The type of gold bullion that you want to purchase
4. Whether you want to buy a numismatic coin or not
5. The required information about weight and purity
6. Where you should buy from
7. The collateral charges that you must be prepared for
8. Check whether the gold that you have received is real or not
9.  

In the case of economic uncertainty savvy investors shift their focus on gold. Switzerland provides the two best qualities-PAMP Suisse and Credit Suisse 1oz gold bars which are 99.99% pure (24 karat).Hence they are most in demand amongst precious metal investors.