1 Kilo gold bars are a popular and affordable option for investing in gold bullion products. Compared to coins, gold bars offer lower acquisition cost, and these kilo bars are a common solution for acquiring large quantities of gold at lower premiums. Bars are selected from current inventory and will ship in a variety of shapes and conditions from diverse mints including Pamp Suisse, Credit Suisse, and Valcambi, as well as less common brands. Every bar is tested to be 99.99% pure gold.
A fascination with gold can be traced back for thousands of years, and it has been referenced numerous times through many ancient documents including the Bible. The first solid evidence of human interaction with gold as a financial medium is said to have occurred around 3,000 B.C. in ancient Egypt when Egyptians developed the first known currency exchange ratio. Gold was first discovered in the United States in 1782, but the first gold rush didn’t occur until 1799 when a young boy discovered a 17-pound gold nugget in Cabarrus County, North Carolina. Other notable gold rushes in U.S. history include Alaska in 1896 and California in 1848.
Gold bullion has been identified as a treasured precious metal for thousands of years. Gold items are both attractive in appearance and resistant to corrosion over time, which make them a beautiful symbol of wealth and power. Buying gold bars can be a way to add stability to an investment portfolio because of gold’s steadfast value during times of economic uncertainty. Trading or selling gold bars on any market can be managed in a simple transaction because gold bars are recognized worldwide as a medium of exchange.
These gold bars are IRA eligible.