Overview
Investors and collectors interested in precious metal purchases are aware that gold bars are available in various ounce denominations, such as 1 oz. gold bars, 5 oz. gold bars, 10 oz. gold bars, and so on. One reason is because the spot price of gold is measured per ounce. However, they may not be as familiar with pure gold bars in kilogram or gram denominations. These pure gold bars are just as good as ounce-sized gold bars and are produced by the same refineries in many cases. Keep in mind that one ounce equals about 28.35 grams (28.3495 grams, to be more precise). Therefore, a 100 gram gold bar contains about 3.53 ounces of gold. One hundred gram pure gold bars or larger offer serious investors a lower premium over the spot price of gold. Some of the most popular 100 gram pure gold bars are refined by Credit Suisse, PAMP, and the Perth Mint.
Credit Suisse
Credit Suisse pure gold bars are refined in Switzerland at Valcambi. Valcambi SA has been minting Credit Suisse pure gold bars for decades. Credit Suisse owned 80 percent of Valcambi between 1967 and 1980. Between 1980 and 2003, Credit Suisse had full ownership of Valcambi, but in 2003, Valcambi became a wholly-owned subsidiary of European Gold Refinery Holding. Credit Suisse pure gold bars continue to be refined by Valcambi today (2015). All Credit Suisse gold bars are backed by the world renowned Credit Suisse Bank of Switzerland. Credit Suisse gold bars are world renowned and popular due to their high quality and reputation, making them easy to buy and sell.
Credit Suisse 100 Gram Gold Bar
Credit Suisse 100 gram pure gold bars have a purity level of 99.99% fine gold (24 karat gold). Credit Suisse has engraved its 100 gram gold bars with the bar’s essential information. The top of these 100 gram pure gold bars are engraved with the "CREDIT SUISSE" logo, the bar’s weight of "100 g," and the bar’s purity of "FINE GOLD 999.9." The bottom of the bar is stamped with the words "Assayer Fondeur" and the bar's serial number for authenticity purposes. Credit Suisse 100 gram pure gold bars are IRA approved, meaning you can use this investment to fund a retirement savings plan.
PAMP Suisse
PAMP (Produits Artistiques Metaux Precieux) is independently operated firm and a world leader in precious metals refining. PAMP is a member of the MKS Group, which belongs to the London Bullion Market Association (LBMA). PAMP is on the LBMA Gold List, a credential that is recognized in the financial services industry as the indication of high quality and reputable products. PAMP Suisse is considered to be one of the higher end producers and refiners of gold bars. Recognized worldwide for their premier designs, PAMP Suisse pure gold bars are of the highest quality available.
PAMP 100 Gram Gold Bar
PAMP 100 gram pure gold bars have a purity level of 99.99% fine gold (24 karat gold). PAMP produces two styles of 100 gram gold bars: the cast and the Lady Fortuna. Cast refers to a gold bar that has been created by hand, pouring melted gold into a bar mold, resulting in the loaf style bar. The PAMP Lady Fortuna gold bar is pressed and stamped with PAMP’s signature design of the Greek Goddess Fortuna. Both of these 100 gram gold bars are stamped with the PAMP logo, the bar’s weight of "100 g" and the bar’s purity of "999.9." These gold bars are also stamped with the bar’s serial number for security purposes. These gold bars are also IRA approved, a feature which many investors find appealing, and which can lead to a tax break.
Perth Mint
The Perth Mint is the oldest refinery in Western Australia, established in 1899 by Sir John Forrest. Up until 1970, the Perth Mint was a branch of Britain's Royal Mint. However, now the mint is owned by the Western Australian Government. The mint was established during the Western Australia gold rush. In the mint’s early years, it refined and minted gold into gold coins for the diggers who deposited their raw gold at The Perth Mint. Today, The Perth Mint continues to refine gold and is responsible for manufacturing and marketing Australia's legal tender precious metal coins. The Perth Mint is also recognized for refining stunning gold bars, which were first introduced by the mint in January 2010.
Perth Mint 100 Gram Gold Bar
Perth Mint 100 gram pure gold bars have a purity level of 99.99% fine gold (24 karat gold). The Perth Mint 100 gram gold bars are also known as The Perth Mint Kangaroo 100 gram gold bar. The front of these gold bars is engraved with the mint’s logo of a majestic swan, as well as the bar’s purity of "99.99% FINE GOLD," and the bar’s weight of "100 GRAM." The back of these gold bars features a repeating motif image of a kangaroo, which represents Australia's Outback.
Assay
In today's precious metals market, there are a number of counterfeit gold bars being passed off as authentic. This is why gold metal refiners such as The Perth Mint, PAMP, and Credit Suisse are doing everything in their power to assure the authenticity of their gold bars, and that we at ITM Trading are doing our part in selling you only authenticated precious metals products. Credit Suisse and PAMP Suisse stamp their gold bars with a serial number of authenticity. The Perth Mint gold bars are sealed in a tamper-evident package, which includes an assay certificate. The assay card shows the bar’s weight, purity, and the certificate assayer signature.
Investing in Gold Bullion
Gold is the most popular way to invest in precious metals, with bullion gold bars being the most traditional way of investing in gold bullion. Gold bars also carry lower premiums than gold bullion coins, so your return has a higher potential. Investing in precious metals is a way to hedge against uncertainty in the world’s economies. Like with any other investment, there is risk involved; however, unlike other investments, gold has been used throughout history as money and has withstood the test of time century after century.
