Description
A one-ounce gold bar is valued almost entirely on its metal content. Without the legal-tender status, design work or collector demand associated with government coins, bars are often available at a lower premium over the spot price of gold, which makes them a practical choice for buyers focused on accumulating gold weight.
Small gold bars are produced by private refiners rather than governments. Each bar is stamped with the refiner’s mark, its weight and its purity, which for most one-ounce gold bars is .9999 or .999 fine. Many arrive sealed in a tamper-evident assay card carrying a serial number that matches the bar, providing a documented record of authenticity. Keeping the card sealed helps preserve that record and can simplify resale.
Because “one-ounce gold bar” describes a format rather than a single product, the refiner matters. Bars from well-known refiners are generally easier to sell than unbranded bars. Opulent Gold Group confirms the refiner, fineness and packaging of the bar you will receive before you place an order, so you know exactly what you are buying.
Gold bars that meet the required fineness and come from a refiner your custodian accepts may be held in a self-directed IRA. Eligibility is confirmed for the specific bar before any IRA purchase.
