The desire to own gold has accompanied people since ancient times. At the very beginning, when gold was just beginning to gain importance, it was treated as money. In later years its role was continually strengthened, and it was on gold that the global monetary system, commonly referred to as the gold standard, was based. In spite of a few unfortunate events, the system was in operation during a time of great economic prosperity - gold bars have their fair share in the financial pages of world history!
Gold investment bars – a classic form of capital investment
Looking at the overall development of forms of payment, we can conclude that the current monetary system is a relatively young creation. Moreover, unlike the system of the past, in which gold investment bars were commonly used for international settlements, the value of today's "paper" fiat money is based solely on an unwritten agreement between banks, governments and citizens.
Although we don't think of money in this way on a daily basis, a prolonged study of its function and history will lead us to think that this piece of paper is not really "real" money, but an empty means of payment - in contrast to the value that gold bars carry. At this point it is worth recalling the words of German economist Hjalmar Schacht: "Gold represents a purchasing power that is valued and accepted by all the nations of the world. It is an absolute impossibility to create money based solely on government guarantees and to make that money valued and accepted.
Physical investment gold - a brief introduction
One does not have to look far to find the truth of the above statement! Various financial crises, crashes, banking scandals, inflation - all of these are consequences of this excessive trust that people have decided to put in governments and banks. Unfortunately, a factor of human nature will always lead many people in the direction of the desire to get rich at any cost, so despite assurances about caring about the strength of paper money, the rulers act completely opposite, and as is commonly known, an increase in the money supply ultimately leads to growing debt. So how to secure your capital to avoid the side effects of the current monetary policy? Physical gold bars are the answer!
History is the best teacher. In fact, looking at its repetition, you can see that in uncertain economic times, investors mostly run to the only investment that always holds its value - that's physical investment gold.
Is it worth investing in gold investment bars?
If we analyze the entire history of the modern monetary system, we see that investing in gold investment bars is low-risk and "has no expiration date" as it were. One ounce of gold had its value 1000 years ago, 100 years ago, 10 years ago, and it will still have its value today - and it will also have its value in the next few years. Unfortunately, the same cannot be said about banknotes from the last century, which at this point in time can only in a few cases still have a collector's value - and otherwise are pieces of paper printed with colored ink. What conclusion can be drawn from this? Physical gold bars, regardless of economic conditions, will always be "in the money".
Gold bars - the classic gold investment option!
The most popular option for investing in precious metals remains gold bullion coins, such as the Australian Kangaroo, Vienna Philharmonic, South African Krugerrand or Canadian Maple Leaf. However, gold bars are an equally common, even classic, choice.
How much does a gold bar weigh?
Most people who have never dealt in precious metals before, when asked about investing in gold, most often equate the process with owning large 400-ounce bars - the kind you often see in bank vaults in movie productions - so investing in gold bars can be called "classic". With such notions it's no wonder that the first time you see a professional gold dealer you're surprised by the size of the investment
Not many people have the capital to invest several million zlotys - which is about what ONE such "movie" 400 ounce bar (about 12 kilograms) is worth. This is definitely "fun" for the world's largest banks or investment funds. Gold investment bars used by individual investors on a daily basis are products with weights starting at 1 gram, and going up to 1000 grams.
What are the advantages of gold bars?
Just as with bullion coins, in the case of investment gold bars it is worth choosing only those produced by mints with a worldwide reputation - products produced by LBMA accredited refineries deserve special attention, as this is the same as guaranteeing the highest quality.
Gold bars have several advantages that can make them superior to coins. The most important of these are:
- A wide range of products, i.e. of different weights, thanks to which you can buy a gold bar for as little as 250 zlotys or less.
- For products of comparable weight, the price per gram of pure gold is often better for bars than for coins - in other words, you can buy "more for less".
- Original packaging in the so-called Certipack, which is a plastic package that is also a certificate of authenticity of the product, which also has serial numbers
Which gold bar should I choose?
Following the golden rule of "buy as much as you can for as little as possible", i.e. choosing the most cost-effective offer per gram of gold bullion, our attention should primarily be drawn to 1-ounce bars and larger, such as Valcambi 1 oz - the most popular gold bars for pure investment purposes.
So who are the smaller products for? Due to the mentioned price, gold bars weighing from 1 to 10 grams, such as PAMP Fortuna 5g, are brilliant gift ideas - they are a great alternative to the old-fashioned, popular "envelope" with cash, as well as an unusual gift which will certainly surprise the recipient, and perhaps additionally instil in them a passion for investing. You can read more about why it is worth choosing gold as a gift in the article "Gold as a Wedding Gift". You can read more about why it is worth choosing gold as a gift in the article "Gold as a wedding gift".
How much does a gold bar cost? Price of a gold
Of course, smaller weight gold bars can also be successfully purchased as part of portfolio building. This is especially recommended for those who would like to invest regularly, but don't have several thousand zlotys to buy one ounce at a time every month, quarter, or year. An absolute revolution in this respect is the Tavex 1 gram gold bar, entirely designed by us and produced especially for us by the LBMA accredited Nadir Metal Refineri mint - probably the cheapest option of investing in physical gold on the Polish market. For more information on investing small amounts of capital in gold, see also the article "How to invest small amounts? "How to invest small amounts?
Where to buy gold bars?
Trust us! We are the largest precious metals dealer in Northern Europe and one of the leading players in Central as well as Southeastern Europe. Our group has existed for over 30 years and has nearly 35 exclusive branches worldwide.
First and foremost, however, we are a long-term partner of the largest Swiss mints, PAMP and Valcambi, which have the aforementioned LBMA accreditation and international recognition, and whose gold bars we offer - you can find information about us on the PAMP website, among others. Moreover, thanks to our good relations and direct cooperation with these refineries, we are able to offer their products at the most competitive prices in the country.
In Poland you will find our outlets in Warsaw, Katowice and Gdynia. However, you can invest without leaving your home! All you need to do is make a purchase through the online store you are in right now - we only sell products that are physically available in stock, and we dispatch orders within 24 hours:
- by Pocztex or Fedex courier to the indicated address (e.g. home),
- to a selected pick-up point (Żabka, Ruch and others),
- by priority registered mail,
as well as we offer free of charge personal collection in a selected branch.
Do not hesitate any longer - choose an investment with a shining future!