When you shop Gold Bars from Provident Metals, you can browse bullion options from a variety of private and sovereign mints across the world. Each gold bar is composed of .9999 fine gold and is eligible for your precious metals portfolio, so no matter which bar you choose, you can be confident in the quality of your gold.
Investing in gold bars is an efficient way to protect your portfolio from inflation and excess risk. Precious metals have historically been used for portfolio diversification to ensure risk is spread across several markets.
If you are new to purchasing gold bars, you might have a few questions on how to shop. Below are answers to some commonly asked questions. Check here for even more information on how to best invest in quality gold bullion from Provident Metals.
What is the difference between gold bars from sovereign and private mints?
Provident offers gold bars from private and sovereign mints; both privately minted bars and sovereign bars are excellent investment options, but they have specific benefits.
Sovereign gold bars are government guaranteed bullion; the weight and purity is backed by its sovereign nation. While this peace of mind often means a slightly higher price tag, many investors prefer to have the added confidence in the security of their portfolio.
Privately minted gold bars are created by mints independent of a government entity. These bars often carry a lower premium and feature more creative designs than their sovereign counterparts. Collectors and investors looking to most efficiently stack gold enjoy private mint bullion due to its proximity to spot price.
Is there a best choice mint whose products offer the most value?
In short, there is no “best” mint. Provident Metals is careful to source only the highest quality bullion from around the world. You can have confidence that no matter what bullion you buy, you are receiving IRA eligible products to increase the value of your portfolio while providing critical diversification.
While there might not be a definitive best mint, many investors have preferences for specific bullion bars. For instance, many buyers enjoy the aesthetics of the Lady Fortuna design from PAMP Suisse. Others appreciate the safety features of the RCM gold bars. Shopping Provident bullion guarantees you quality; the only difficulty will be choosing your favorite products.
How do I know how to shop for a fair price on gold bars?
Identifying fair pricing on gold bullion is less complicated than you might think. Dealers utilize spot price to determine the current value of gold. Using this spot price, Provident adds a nominal, competitive premium to the bullion to sell to investors. Buyers can use spot price to determine which dealers offer the lowest premiums on bullion products, making shopping convenient and straightforward.
Why should I buy gold bars versus gold coins or rounds?
While coins and rounds offer unique benefits versus bars, many investors choose to buy bars due to their more efficient pricing. Coins and rounds often hold aesthetic or numismatic value which can increase their premium, while bars tend to be created for simplicity and efficiency which allows them a lower premium.