Do you want to buy 24K gold bars gold online and do it safely — avoid being sold poor quality or even fake gold? If yes, then this guide is for you.
3 things to look for when buying 24K gold bars online
When looking for genuine, high-quality 24K gold bars to purchase online, there are 3 things to look for:
Look for reputable gold bars brands
Look for reputable gold bullion dealers that carry reputable gold bar brands
Finally, look for bars that are LBMA accredited. See why you want your bars to be LBMA accredited.
Now, what are those reputable gold bars brands and reputable gold bullion dealers?
You don’t need to search for these as I compiled them below.
8 Reputable gold bars brands
In this list I included only those companies that:
- Carry 24K gold bars
- At least 40 years old (except Karatbars)
- Recognized worldwide
- And gold bars of which are LBMA accredited
Majority of these companies are Swiss.
Note, usually you will see ‘999.9’ stamped on a gold bar, not 24K. As you probably know 999.9 gold is pure as 24K gold. These are just two different systems to denote the purity of gold.
1. Karatbars International
Karatbars came to existence in 2011 and is based out of Stuttgart, Germany.
The company’s very goal is to offer common people an opportunity to acquire gold in small amounts.
Harald Seiz, the founder of Karatbars, says:
My mission is to produce the highest quality gold available in the market, make it easily accessible to the masses of honest people around the world at a price point everyone can afford.
My goal is to help millions find financial freedom from the current system of debt with Karatbars.
Unlike other companies listed here, the company only focuses on small gold bars.
The bars come in 0.1 gram, 0.2 gram, 0.4 gram, 0.6 gram, 1 gram, 2.5 gram and 5 gram weights.
UBS was found in 1862 and is headquartered in two Swiss cities: Zurich and Basel.
‘UBS’ stands for the Union Bank of Switzerland.
In the present day, UBS is the largest bank in Europe and is the second largest bank in the world.
3. Credit Suisse
Credit Suisse was established in 1856 and is based in Zurich, Switzerland.
Like UBS, Credit Suisse is a bank and is the second largest in Switzerland.
4. PAMP Suisse
PAMP was established in 1977 and is centered in the Swiss city of Ticino.
‘PAMP’ stands for Produits Artistiques Métaux Précieux. This translates as Artistic Precious Metals Products.
PAMP gold products are known for their elaborate design.
5. Argor Heraeus
Argor-Heraeus was found in 1951 and is based in Mendrisio, Switzerland.
Argor-Heraeus gold products are a symphony of technology and art.
6. Valcambi Suisse
When established in 1961 in the Swiss city of Balerna, Valcambi was originally known as Valori & Cambi.
The company is notable for its diverse selection of gold products. In addition to bars and coins, it carries gold grain and round gold bars!
7. Austrian Mint
Its roots go back to the 12th century! However, Munze Osterreich was officially founded in 1989, in the Austrian city of Vienna. In that same year, Austrian Mint became owned by the National Bank of Austria.
Munze Osterreich is translated as Austrian Mint.
Heraeus was found in 1851 and is headquartered in Hanau, Germany.
Heraeus is one of the largest family-owned companies in the world.
Note: Apart from Karatbars, none of the above gold bar brands are sold on their websites.
That’s why you have to buy the bars from gold bullion dealers. I list reputable gold bullion dealers below.
3 Reputable gold bullion dealers
Each dealer carries at least four bar brands listed above.
Depending on a dealer, the bars are available in grams, ounces or kilos.
Apmex was established in 1999 and is the world’s largest online retailer of precious metals.
BGASC was found in 2012 and is one of the largest bullion and coin dealers in the US.
3. Money Metals Exchange
Money Metals Exchange was found in 2010 and is one of the most trusted bullion dealers in US.
Now, how to buy 24K gold bars
Given what you’ve just read above, it’s easy.
Let’s say you want to buy a 5 gram 24K gold bar.
Decide on the reputable brand. Let’s say you like the design of PAMP Suisse gold bars.
Then pick a reputable dealer. Let’s say you like Money Metals Exchange because it offers low premiums.
Now, go to Money Metals Exchange website and in the search box type ‘Suisse’. And voila, on the left, you will see 24K, internationally recognized, LBMA accredited, 5 gram PAMP Suisse gold bar!
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