Gold Bars

Buy 999.9 fine gold bars in Singapore. Crafted by internationally renowned precious metals refiners, all bars comply with LBMA Good Delivery standards, ensuring worldwide acceptance and liquidity.

Showing 1–24 of 48 results

Why buy gold bars

Gold bars typically carry lower premiums than coins of the same weight and purity, making them a cost-efficient way to invest directly in physical gold over the long term.

Gold Bar Types

Gold bars are generally classified into two types – minted and cast.

Minted gold bars are manufactured by cutting gold into precise blanks and pressing them using high-pressure dies. This process produces bars with smooth mirror-like finishes and consistent dimensions. Each bar is typically stamped with essential details such as weight, purity, refinery logo, and a unique serial number, ensuring authenticity and traceability.

Cast gold bars are produced by pouring molten gold into moulds and allowing it to cool and solidify naturally. This process gives them a distinctive “raw” or “rustic” appearance, with uneven surfaces and less uniform finishing compared to minted bars.

London Bullion Market Association (LBMA) Good Delivery Gold Bars

London Bullion Market Association (LBMA) Good Delivery gold bars are the benchmark standard for international gold trading. In short, they are the most trusted and universally accepted gold bars in the world. Only refiners on the LBMA Good Delivery List for Gold can produce these bars.

Major LBMA Good Delivery Gold Refiners

Argor-Heraeus (Switzerland)
Heraeus (Germany / Hong Kong)
Metalor (Switzerland / Singapore)
PAMP (Switzerland)
Valcambi (Switzerland)

Gold Bar Sizes and Purity

Gold bars are available in a wide range of sizes, from as small as 1 gram to as large as 400 troy ounces. Larger bars, such as 1 kg and 400 oz bars, are typically traded in institutional and wholesale markets, while smaller denominations like 5 gram, 10 gram, 1 oz, and 100 gram bars are more commonly purchased by individual investors.

The London Bullion Market Association (LBMA) Good Delivery standard specifies a minimum purity of 995.0 fineness for 400 oz wholesale gold bars. In contrast, most smaller gold bars are refined to a higher purity, typically 999.9 fineness.

Frequently Asked Questions (FAQ)

1 : What gold bar size should i buy?

Smaller gold bar denominations from 1 gram to 10 grams are well suited for gifting purposes. For long-term investment, bars of 1 oz and above are typically more cost-effective due to lower premiums per gram.

2 : Should I buy gold bars from LBMA Good Delivery refiners or in-house brands produced by private mints and jewellery retailers?

LBMA Good Delivery gold bars are highly liquid and can be resold internationally, often commanding stronger resale prices. However, they typically do not feature elaborate designs compared to bars produced by private mints and jewellery retailers. Ultimately, the choice depends on whether an individual prioritises liquidity or design.

3 : Should I buy minted gold bars or cast gold bars?

Choosing between minted and cast gold bars often comes down to individual preference. Minted gold bars typically cost slightly more due to their precision manufacturing, polished finish, and detailed designs. However, a LBMA Good Delivery 100 gram 999.9 fine minted gold bar contains the same amount of pure gold as a 100 gram LBMA Good Delivery 999.9 fine cast gold bar. In original condition and packaging, both bars command the same resale value. The difference lies mainly in aesthetics and presentation rather than intrinsic value.

4 : Why are some brands more expensive than others?

Some brands produce gold bars with artistic designs or unique features, which often carry higher premiums due to their craftsmanship. In their original condition and packaging, LBMA Good Delivery gold bars of the same weight typically command the same resale value.

5 : Where can I sell my gold bars?

You can sell back to established bullion dealers like Global City Bullion.

6 : Do I need to pay Goods & Service Tax (GST) for gold bars in Singapore?

No. All gold bars sold by Global City Bullion qualify as Investment Precious Metals and are exempt from Goods and Services Tax (GST). More information available here.

Shopping Cart
Home
Account
WhatsAPP
Cart
Search