What are Bullion Bars?
Gold bars are called gold bullion bars or ingots. Gold bars range in weight from one gram to 24 kilograms. The word bullion derives from the old French words billon (from bille, stick) and bouillon - bubble on the surface of boiling liquid (from boilir, to boil).
Bullion refers to any form of gold whose value is based only on the quantity and quality present. This value is specified in terms of weight, Troy ounces, grams, or kilograms, and purity. Investment grade bullion bars have to have a minimum acceptable fineness is 995.0 parts per thousand fine gold.
Coins, such as the gold bullion Krugerrand, are called bullion coins because it is only the gold content that is being valued. However, bullion coins do carry a premium because they are minted and are widely recognized.
How do you buy bullion bars?
GoldCore can supply bullion bars, ranging from a 1 oz bar to a 400oz bar. It is as simple as calling or emailing us and stating your request. We will then send you a quote. If you would like to proceed, transfer the required funds into our account and with your permission, we will then lock in the price of your bar(s) at the next available opportunity.
Who makes bullion bars?
GoldCore only supplies bullion bars to its customers from internationally recognised and respected refineries. These include, but are not limited to:
- Johnson Matthey
- Credit Suisse
How can I sell Bullion Bars?
GoldCore makes a market in both the selling and buying of investment grade precious metals. If you would like to sell bullion to us (subject to minimum size requirements), simply contact us and we will advise you of the procedure.
How do I store Bullion Bars?
GoldCore provides storage options in London & Switzerland with an internationally respected storage provider. They are one of Europe's largest and oldest armoured transport and storage companies.
GoldCore offers precious metal insured storage facilities whereby the investor chooses not to take physical possession of their gold, silver, or platinum bullion but rather have their private holding stored with a secure third party. GoldCore’s European Storage Programme allows clients to store their precious metals holdings in GoldCore’s vaults. Safety, security and confidentiality are paramount when entrusted with the storage of our clients’ valuable precious metals.