|Weight:||Spot Price:||Buy Price:|
|32.15 oz||£ 51,660.85||£ 52,900.72|
Gold Bullion 1 Kilo Bar
Buy 1 kg Gold Bar
A 1 kg gold bar is an investment-grade gold bullion bar weighing exactly 1 kilo or kilogram (1 kg), 1,000 grams or 32.1507 troy ounces.
Gold bars (1 kilo) have a fineness or gold content of between 0.995% and 0.9999%. 1 kilo gold bars are normally rectangular in shape and are either produced as cast or minted bars. Since they are manufactured by a variety of refineries and government mints, the look and feel of a 1 kg gold bar can vary.
New to Gold Bars? Not a problem, read more here: What are Gold Bars?
Why Invest in 1Kg Gold Bullion Bars?
1 Kg Gold bars are sought after by both investors adding bullion to investment portfolios and by the store of wealth buyers. 1 kilo gold bars are fast becoming the most popular bullion bar for high net worth and institutional investors in China and Asia.
1kg gold bullion bars are conveniently sized, affordably priced, and are increasingly well-known and liquid in the international marketplace. They generally are sold for slightly lower premiums than gold bars (1 oz and 10 oz). In general UK investors investing sums in excess of GBP 100,000 on a long-term basis in professional storage opt for gold kilo bars. They are not suitable for delivery as the cost and bother involved when selling can make selling an expensive and cumbersome process.
How Much Gold is in 1Kg Gold Bars?
1 kilo gold bars have a minimum purity of 0.995 and are normally 0.999 pure or even 0.9999 pure. These bars contain exactly 10 troy ounces of gold. GoldCore only sells gold bars of recognised and widely-traded brands from LBMA-approved refineries such as Johnson Matthey, Credit Suisse, MKS PAMP, Heraeus, and government mints such as The Royal Canadian Mint and Perth Mint. Perth Mint gold bars remain our most popular bullion kilo gold bar.
How to Buy 1 Kilo Gold Bars in the UK From GoldCore?
You can buy gold bars online from GoldCore for delivery or storage using the BUY button or you can call our office to place your order over the phone.
We deliver gold bars and coins fully insured to our British clients throughout the United Kingdom from our depository partner vaults in London. We offer all major bullion bar and gold coin products for delivery and storage and you can pay by bank wire, credit card or debit card.
Many of our UK clients opt to store their gold bars in fully insured, offshore Secure Storage locations. We specialise in offering UK clients access to allocated and segregated bullion storage in secure non-bank vault partners in safer jurisdictions in the world such as Zurich, Hong Kong, and Singapore.
Insured delivery of gold bars to homes or offices is also popular and many clients do both - take delivery of a portion of their gold and own the rest in Secure Storage.
What Other Types of Gold Bullion Products Should I Consider Buying?
Investors buy 1 kg gold bullion bars normally to secure lower gold prices per unit. They normally keep them in Secure Storage and rarely take delivery. Investors also buy gold bars (10 oz and 1 oz) as an alternative to buying kilo gold bars as they prefer the divisibility and potentially increased liquidity in a systemic crisis of owning some smaller bars.
For investors investing on a long-term basis, we advise a mix of gold bar formats, thus allowing for most eventualities and on average lower premiums.
|£ 1,000 - £ 109,999||£ 52,900.71||2.40%|
|£ 110,000 +||£ 52,723.58||2.06%|
How Much is a Kilo Gold Bar Worth?
The price of a 1-kilo gold bar is shown in the upper right section of this page. The gold price of a 1-kilo gold bar is calculated using four factors:
- The gold spot price. The gold spot price is defined as the price of one troy oz of pure gold that is available for immediate delivery. It is typically determined by the best bid and offer for gold as offered by large bullion banks trading in real-time throughout the world
- The weight of gold. The weight of pure gold found in a gold bar that is being purchased. A one kilo gold bar has .999 or .9999 parts of pure gold. The 1 kilo ounce gold bar will weigh a little more than 32.1507 troy ounces in weight when impurities are accounted for.
- The gold price premium. The gold price premium is defined as a percentage adjustment that is added or deducted from the gold spot price value of the gold bar. The gold premium of a gold bar is determined by the costs of production, refining, fabrication, minting and the logistics of making the gold bar available for sale in the UK and in international markets.
- Supply and Demand. Gold bar prices are also impacted by the supply and demand in the market and the amount of gold that the client is seeking to invest - larger sums commanding lower gold premiums.
- The exchange rate. Gold is traded in U.S. dollars mainly. When you buy gold in a currency other than the USD you are likely to pay a small foreign exchange charge as part of your price.
In order to determine the gold price of a 1 kilo gold bullion bar, simply multiply the spot price of gold by the number of gold troy ounces in the gold bar (32.1507 oz) and then add or subtract the current premium for that gold bar.
Why Should an Investor Buy 1 Kilo Gold Bars?
1 kg gold bar typically commands premiums of between 1.4% and 2% with GoldCore who offer some of the most competitive premiums in the gold market in the UK for both delivery and storage. We advise clients to only choose kilo gold bars as part of a long-term investment in stored gold. They are not really suitable for delivery. Kilo bars offer lower premiums and liquidity should you wish to sell.
Please Note - Bar Brands
While all gold bars sold by GoldCore are from LBMA-approved refiners and mints, the bars that you will receive may not necessarily be identical to those pictured.