Gold Bullion

Investors who see gold only as a form of investment should buy gold bars. These products have a relatively low price compared to coins. Most gold bars have low production costs, and therefore the prices of the major gold bars are significantly lower than the prices of bullion coins. Lower production costs usually apply to bullion products that are over 1oz. Small bars can certainly have higher premiums than the respective gold coin. So gold bullion is optimally suitable for all investors who want to protect their assets against inflation or other crises.

 

Producing Bullion

In general there are two different methods to produce gold bars. The first method would be casting and the second is the minting of gold bars. Traditionally gold bars had higher weights than coins and were cast. Nowadays gold bars are produced with a weight of 1 gram. For these small bars and bullion up to about 100 grams the minting process is more efficient.

 

Cast Gold Bars 

The casting of gold bars can be done by two ways. In the first method gold granulate with a fineness of 99.9% is placed in a crucible at over 1064°C and then poured into the ingot mold. In the second method, the granules are added directly to an ingot mold and heated in a special furnace, so that the gold must not be again recast. The fineness, the fine weight and the manufacturer is then stamped by a hydraulic press into each bar regardless the production method.

 

Minting of Gold Bars 

The minting of gold bars is similar to the minting of coins. First blanks are produced that have the exact weight of gold bullion. The production of the blanks is done by rolling of plates, sheets and strips in a particular strength. The blanks are then punched out. With lighter weight deviation upwards, the blank will be brought to the exact fine weight needed manually. Subsequently, the blank is then shaped in a press, so that it is given its final shape of a gold ingot, and the caption.

 

Gold Bars Weight 

Nowadays there is a wide range of different weights of gold bars available. The weights of gold bars start at 1g and go up to 1 kg for the private investor. All sizes have their place, but it should nevertheless be pointed out again that investors purchase large bars because of the lower premium (surcharge). Depending on the supplier premiums can range from 1% - 3% for larger bars.

 

Weight Production (Usually)
1 g minting
5 g minting
20 g minting
50 g minting
100 g minting
250 g cast
500 g cast
1000 g cast

 

Manufacturer 

There are a number of reputable bullion producers who sell their products in Germany, they include mainly German- and Swiss precious metal companies. The largest refinery in the world is the South African Rand Refinery, their most popular product is the Krugerrand.

 

Manufacturer Country
Argor-Heraeus Switzerland
Degussa Germany
ESG Germany/Switzerland
Geiger Edelmetalle/LEV Germany
Heimerle + Meule Germany/Switzerland
Heraeus Germany/Switzerland
Pamp Switzerland
Rand Refinery South Africa
Perth Mint Australia
Umicore Belgium
Valcambi Switzerland

 

Goldbar Price 

The price of gold bullion is directly linked to the official price of gold. In addition, the price of gold bullion carries an added or extra cost. This includes the cost plus margin of the manufacturer and the seller. This „extra“ is called premium. The buyer of gold bullion should therefore take into account the official price of gold plus the premium.

 

Gold Price 

The price of gold is now freely traded on the various exchanges in the world. One of the major stock exchanges is the "London Bullion Market," here the world market price of gold is fixed since 1919 twice a day. The fixing of the five participating banks has two aims: Firstly, a balance needs to be created at a particular price between sellers and buyers of gold. Secondly, a lot of transactions can be carried out by setting the price. During the gold fixing process the big gold owners in the world are involved by phone with the five fixing banks. They include among others mining companies, refineries and banks. National banks use to set price to determine the value of their gold reserves.

 

Premium 

In addition to the price of gold the gold bars trades with an extra cost. This depends on the size of the bar, according to the method of preparation, the respective manufacturers and not least by the seller. The premium is determined by the size of the bar. This is quite logical, because the processing of a cast gold 1000g bar is less expensive compared to the casting of 100 gold bars with each 10 grams that must be marked, packaged, stored and transported. It can be seen that in general, larger gold bars have a lower premium. Also the seller’s margin is included in the premium, because they also have costs and margin on bullion. Seller costs also include items such as transport, storage and general cost structures.

 

Advantages of Gold Bars 

Large gold bars of 1 kg are the ideal gold investment for investors who want to get the maximum gold for their money. These types of bars are obtained at a very low premium of approximately 1%. In comparison the premiums on gold coins such as 1oz Maple Leaf, Krugerrands and Vienna Philharmonic start at about 3% depending on demand and availability.. But smaller gold bars of 500g, 250g and 100g may have surcharges of approximately 1-3%. 

One advantage of cast gold bars is its surface. Due to the manufacturing process the surface is already rough, so scratches or slight dents usually do not attract attention. The gold content is thus un-effected so the gold product can be resold easily and immediately by the new buyer. 

The next advantage is indeed relevant only to owners of large quantities of gold, but should be enumerated. Gold bullion can be stacked very well, so can be accommodated in small lockers with high values.

Gold bars of the renowned manufacturers of the world are recognized by almost all bullion companies and banks so that they can be bought and sold anywhere.

 

Disadvantages of Gold Bars 

A disadvantage of gold bullion is the risk of forgery. Gold coins can also be faked, but with coin it is much more difficult, because the fine contours and motives are not easily minted. For example since 2013 Maple Leaf 1oz gold coins have a safety feature called the laser engram, and this increases protection against forgery.

Minted gold bars are easily scratched by their smooth surface, since the high purity of 999.9/1000 does not allow any other alloying constituents. It is different with 22 carat gold coins as copper alloy is used that makes the product more scratch resistant. 22 carat gold coins are the Krugerrand and the American Eagle.

 

Advantages of Gold as an Investment 

Should one compare gold and silver as capital protection, gold clearly has the most advantages on his side. First recognized gold bullion and gold coins in Germany are exempt from VAT. For silver in contrast the full VAT of 19% must be paid to the state. 

A relatively stable price of gold lets Gold investors also sleep much quieter. Silver however has to contend with major price fluctuations, although it is therefore quite possible to make a lot of money with silver investments. 

One of the main advantages of gold is the high demand in jewelry production. Gold also has uses in industry and for crafts. Very important to mention is especially the conductivity of gold. In addition, demand is also controlled by Central Banks and investors during times of economic uncertainty gold is sought after as a safe investment.

 Another advantage of gold is its high density value. For this reason, a high value can easily be stored in a very small space. 

Gold can not completely lose all of its value as may be the case for currencies. Since our entire monetary system is based on trust, but actually does not have any underlying physical value backing any currency. Furthermore, it is not possible to print gold, while currency can be increased arbitrarily. Thus, in times of crisis (inflation and deflation) gold acts as a medium of exchange, as has been the case again and again for centuries.

 

Bullion Buying Tips 

+ Major gold investors should buy bigger sized gold bullion because they have a lower premium. Gold bars with a weight of 1000g, 500g, 250g and 100g have the lowest cost.

+ Before purchasing bullion it is recommended to compare prices at reputable precious metal dealers and banks. 

+ Cast gold bars have the advantage that small scratches or dents do not have an effect on the future sale price as long as the fine weight is correct. Minted bars, just like gold coins have a very smooth surface. Gold bars are exempt from VAT only if they have a minimum purity of 995/1000.

+ Gold bars serve as a capital assurance! Those who want to have a high return in the short to medium term, should invest in other assets. Gold is to be considered a long term investment and a store of value. 

+ Gold should be bought only from reputable dealers and banks.

 

VAT 

Gold bars are exempt from VAT if it has a purity of at least 995/1000. In Germany, the taxation of investment gold is regulated in the Value Added Tax Act (UStG) § 25c.

Pictured List View Quick Buy List View
Product
Gold Bullion 34
Weight
Country of origin

Items 1 to 30 of 34 total

per page

  • 1000g Gold Bar Heraeus

    1000g Gold Bar Heraeus with Certificate

    Shipment within Germany only! Please contact us for EU shipment rates.
    Weight: 1000.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Sealed with Certificate   
    Excl. Tax: € 36,166.63 Incl. Tax: € 36,166.63

    Prices based on Quantity

  • Umicore 1 kilo Gold bar

    1000g Gold Bar | Heraeus | Umicore | Pamp | Valcambi

    Delivery only within Germany possible! Please call for EU Delivery. Goldbars are sold from four leading manufacturers. We can't influence the producer.
    Weight: 1,000.00 g
    Purity: 999.9/1000
    Country: Germany | Belgium | Switzerland
    Grading: Mint-state
    Manufacturer: Heraeus | Umicore | Pamp | Valcambi
    Packing: Single Sealed
    Tax: Taxfree acc. to §25c UStG
    Excl. Tax: € 35,482.41 Incl. Tax: € 35,482.41

    Prices based on Quantity

  • Umicore 500 Grams Gold Bar

    500g Gold Bar | Heraeus | Umicore | Pamp | Valcambi

    Delivery only within Germany possible! Please call for EU Delivery. Goldbars are sold from four leading manufacturers. We can't influence the producer.
    Weight: 500.00 g
    Purity: 999.9/1000
    Country: Germany | Belgium | Switzerland
    Grading: Mint-state
    Manufacturer: Heraeus | Umicore | Pamp | Valcambi
    Packing: Single Sealed
    Tax: Taxfree acc. to §25c UStG
    Excl. Tax: € 17,758.77 Incl. Tax: € 17,758.77

    Prices based on Quantity

  • 500g Gold Bar Heraeus

    500g Gold Bar Heraeus with Certificate

    Delivery only within Germany possible! Contact us for EU Delivery rates.
    Weight: 500.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single Sealed with Certificate
    Excl. Tax: € 18,118.57 Incl. Tax: € 18,118.57

    Prices based on Quantity

  • Umicore 250 Grams Gold Bar

    250g Gold Bar | Heraeus | Umicore | Pamp | Valcambi

    Goldbars are sold from four leading manufacturers. We can't influence the producer.
    Weight: 250.00 g
    Purity: 999.9/1000
    Country: Germany | Belgium | Switzerland
    Grading: Mint-state
    Manufacturer: Heraeus | Umicore | Pamp | Valcambi
    Packing: Single Sealed
    Tax: Taxfree acc. to §25c UStG
    Excl. Tax: € 8,927.69 Incl. Tax: € 8,927.69

    Prices based on Quantity

  • 250 gram Heraeus Gold Bar

    250g Gold Bar Heraeus with Certificate

    Weight: 250.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single sealed with Certificate
    Excl. Tax: € 9,068.59 Incl. Tax: € 9,068.59

    Prices based on Quantity

  • 100 grams Heraeus Gold Bar

    100g Gold Bar Heraeus with Certificate

    Weight: 100.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single in Blister with Certificate
    Excl. Tax: € 3,626.36 Incl. Tax: € 3,626.36

    Prices based on Quantity

  • Umicore 100 Grams Gold Bar

    100g Gold Bar Heraeus | Umicore | Pamp | Valcambi

    Goldbars are sold from four leading manufacturers. We can't influence the producer.
    Weight: 100.00 g
    Purity: 999.9/1000
    Country: Germany | Belgium | Switzerland
    Grading: Mint-state
    Manufacturer: Heraeus | Umicore | Pamp | Valcambi
    Packing: Single Sealed
    Tax: Taxfree acc. to §25c UStG
    Excl. Tax: € 3,569.32 Incl. Tax: € 3,569.32

    Prices based on Quantity

  • 100g Gold Bar Perth Mint

    100g Gold Bar Perth Mint with Certificate

    Weight: 100.00 g
    Purity: 999.9/1000
    Country: Australia
    Manufacturer: Perth Mint
    Packing: Blister with Certificate 
    Excl. Tax: € 3,630.04 Incl. Tax: € 3,630.04

    Prices based on Quantity

  • 50 Grams Umicore Gold Bar

    50g Gold Bar | Heraeus | Umicore | Pamp | Valcambi

    Goldbars are sold from four leading manufacturers. We can't influence the producer.
    Weight: 50.00 g
    Purity: 999.9/1000
    Country: Germany | Belgium | Switzerland
    Grading: Mint-state
    Manufacturer: Heraeus | Umicore | Pamp | Valcambi
    Packing: Single Sealed
    Tax: Taxfree acc. to §25c UStG
    Excl. Tax: € 1,807.50 Incl. Tax: € 1,807.50

    Prices based on Quantity

  • 50 grams Heraeus Gold Bar in Blister

    50g Gold Bar Heraeus with Certificate

    Weight: 50.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single in Blister with Certificate
    Excl. Tax: € 1,823.10 Incl. Tax: € 1,823.10

    Prices based on Quantity

  • 50g Gold Bar Perth Mint

    50g Gold Bar Perth Mint with Certificate

    Weight: 50.00 g
    Purity: 999.9/1000
    Country: Australia
    Manufacturer: Perth Mint
    Packing: Blister with Certificate 
    Excl. Tax: € 1,823.01 Incl. Tax: € 1,823.01

    Prices based on Quantity

  • 50g Gold Bar Valcambi ESG CombiBar

    50g Gold Bar Valcambi ESG CombiBar

    Weight: 50.00 g
    Purity: 999.9/1000
    Country: Switzerland or Germany
    Manufacturer: Valcambi/ESG/Degussa
    Packing: Single Sealed with Certificate
    Grading: New, uncirculated
    Tax: Taxfree acc. to §25c UStG 
    Excl. Tax: € 1,886.58 Incl. Tax: € 1,886.58

    Prices based on Quantity

  • 1oz Umicore Gold Bar

    1oz Gold Bar Heraeus | Umicore | Pamp | Valcambi

    Goldbars are sold from four leading manufacturers. We can't influence the producer.
    Weight: 31.10 g
    Purity: 999.9/1000
    Country: Germany | Belgium | Switzerland
    Grading: Mint-state
    Manufacturer: Heraeus | Umicore | Pamp | Valcambi
    Packing: Single Sealed
    Tax: Taxfree acc. to §25c UStG
    Excl. Tax: € 1,120.98 Incl. Tax: € 1,120.98

    Prices based on Quantity

  • 1oz Gold Bar Heraeus

    1oz Gold Bar Heraeus with Certificate

    Weight: 31.10 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single in Blister with Certificate
    Excl. Tax: € 1,139.01 Incl. Tax: € 1,139.01

    Prices based on Quantity

  • 1oz Gold Bar Perth Mint

    1oz Gold Bar Perth Mint with Certificate

    Weight: 31.10 g
    Purity: 999.9/1000
    Country: Australia
    Manufacturer: Perth Mint
    Packing: Blister with Certificate 
    Excl. Tax: € 1,137.31 Incl. Tax: € 1,137.31

    Prices based on Quantity

  • 1oz Gold Bar Heraeus Kinebar®

    1oz Gold Bar Heraeus Kinebar®

    Weight: 31.10 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single Sealed with Certificate and Hologram
    Grading: New, circulated
    Tax: Taxfree acc. to §25c UStG 
    Excl. Tax: € 1,125.09 Incl. Tax: € 1,125.09

    Prices based on Quantity

  • Umicore 20 Grams Gold Bar

    20g Gold Bar | Heraeus | Umicore | Pamp | Valcambi

    Goldbars are sold from four leading manufacturers. We can't influence the producer.
    Weight: 20.00 g
    Purity: 999.9/1000
    Country: Germany | Belgium | Switzerland
    Grading: Mint-state
    Manufacturer: Heraeus | Umicore | Pamp | Valcambi
    Packing: Single Sealed
    Tax: Taxfree acc. to §25c UStG
    Excl. Tax: € 725.81 Incl. Tax: € 725.81

    Prices based on Quantity

  • Heraeus Gold Bullion 20 g in Blister

    20g Gold Bar Heraeus with Certificate

    Weight: 20.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single in Blister with Certificate
    Excl. Tax: € 735.07 Incl. Tax: € 735.07

    Prices based on Quantity

  • 20g Gold Bar Perth Mint

    20g Gold Bar Perth Mint with Certificate

    Weight: 20.00 g
    Purity: 999.9/1000
    Country of Origin: Australia
    Manufacturer: Perth Mint
    Packing: Single Sealed with Certificate
    Delivery: In Stock 
    Excl. Tax: € 738.55 Incl. Tax: € 738.55

    Prices based on Quantity

  • 20g Gold Bar Heraeus Kinebar®

    20g Gold Bar Heraeus Kinebar®

    Weight: 20.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single Sealed with Certificate
    Tax: Taxfree acc. to §25c UStG 
    Excl. Tax: € 727.60 Incl. Tax: € 727.60

    Prices based on Quantity

  • Umicore 10 Grams Gold Bar

    10g Gold Bar | Heraeus | Umicore | Pamp | Valcambi

    Goldbars are sold from four leading manufacturers. We can't influence the producer.
    Weight: 10.00 g
    Purity: 999.9/1000
    Country: Germany | Belgium | Switzerland
    Grading: Mint-state
    Manufacturer: Heraeus | Umicore | Pamp | Valcambi
    Packing: Single Sealed
    Tax: Taxfree acc. to §25c UStG
    Excl. Tax: € 368.53 Incl. Tax: € 368.53

    Prices based on Quantity

  • 10 grams Heraeus Gold Bar in Blister

    10g Gold Bar Heraeus with Certificate

    Weight: 10.00 g
    Purity: 999.9/1000
    Country of Origin: Germany
    Manufacturer: Heraeus
    Packing: Single Sealed with Certificate
    Delivery: In Stock 
    Excl. Tax: € 373.58 Incl. Tax: € 373.58

    Prices based on Quantity

  • 10g Gold Bar Perth Mint

    10g Gold Bar Perth Mint with Certificate

    Weight: 10.00 g
    Purity: 999.9/1000
    Country: Australia
    Manufacturer: Perth Mint
    Packing: Blister with Certificate 
    Excl. Tax: € 375.93 Incl. Tax: € 375.93

    Prices based on Quantity

  • 10g Gold Bar Heraeus Kinebar®

    10g Gold Bar Heraeus Kinebar®

    Weight: 10.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single Sealed with Certificate
    Tax: Taxfree acc. to §25c UStG 
    Excl. Tax: € 369.24 Incl. Tax: € 369.24

    Prices based on Quantity

  • 5 grams Heraeus Gold Bar

    5g Gold Bar Heraeus

    Weight: 5.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single in Blister with Certificate
    Excl. Tax: € 191.85 Incl. Tax: € 191.85

    Prices based on Quantity

  • 5 grams Heraeus Gold Bar

    5g Gold Bar | Heraeus | Umicore | Pamp | Valcambi

    Goldbars are sold from four leading manufacturers. We can't influence the producer.
    Weight: 5.00 g
    Purity: 999.9/1000
    Country: Germany | Belgium | Switzerland
    Grading: Mint-state
    Manufacturer: Heraeus | Umicore | Pamp | Valcambi
    Packing: Single Sealed
    Tax: Taxfree acc. to §25c UStG
    Excl. Tax: € 189.53 Incl. Tax: € 189.53

    Prices based on Quantity

  • 5g Gold Bar Perth Mint

    5g Gold Bar Perth Mint with Certificate

    Weight: 5.00 g
    Purity: 999.9/1000
    Country: Australia
    Manufacturer: Perth Mint
    Packing: Blister with Certificate 
    Excl. Tax: € 195.03 Incl. Tax: € 195.03

    Prices based on Quantity

  • 5g Gold Bar Heraeus Kinebar®

    5g Gold Bar Heraeus Kinebar®

    Weight: 5.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single Sealed with Certificate
    Tax: Taxfree acc. to §25c UStG 
    Excl. Tax: € 191.07 Incl. Tax: € 191.07

    Prices based on Quantity

  • 2g Gold Bar Heraeus Kinebar®

    2g Gold Bar Heraeus Kinebar®

    Weight: 2.00 g
    Purity: 999.9/1000
    Country: Germany
    Manufacturer: Heraeus
    Packing: Single Sealed with Certificate
    Tax: Taxfree acc. to §25c UStG 
    Excl. Tax: € 84.56 Incl. Tax: € 84.56

    Prices based on Quantity

Items 1 to 30 of 34 total

per page