The 1 oz gold bar contains one troy ounce (31.10 g) of 999.9 fine gold, the standard unit in which the gold price is quoted around the world.
Supplied by a recognised refiner of our choice. The brand and design of the bar you receive may differ from those shown, and depending on the brand it may or may not carry a serial number.
| Metal | Gold (Au, element 79) |
|---|---|
| Fine metal content | 1 ozt |
| Fineness | 999.9 |
| Premium over spot | 2.8% |
| We buy at (97% of spot) | £2,839.32 |
| Spot price used | £2,927.14 / ozt |
| VAT | VAT-free investment gold · United Kingdom |
| Price chart | Gold price chart → |
| Currency | Price | We buy | Exchange rate used |
|---|---|---|---|
| GBP | £3,009.10 | £2,839.32 | 1 GBP = 1.3381 USD |
| EUR | €3,605.69 | €3,402.25 | 1 EUR = 1.1167 USD |
| USD | US$4,026.47 | US$3,799.30 | — |
| CHF | CHF 3'322.44 | CHF 3'134.99 | 1 CHF = 1.2119 USD |
| CAD | CA$5,630.64 | CA$5,312.96 | 1 CAD = 0.7151 USD |
| AED | AED 14,787.21 | AED 13,952.91 | 1 AED = 0.2723 USD |
A bar is simpler to make than a coin, so a 1 oz bar usually costs less over spot than a 1 oz coin. That makes it a cost-effective choice for buyers who care mainly about the metal content.
Gold bars give you the most gold for your money, because their premium over spot is lower than that of coins. Buyers building a larger holding can combine several 1 oz bars, keeping the cost per ounce low while staying free to sell part of the holding when they need to.
A 1 oz gold bar is priced live from the gold spot price plus a stated premium of 2.8%, in any of six currencies. At checkout your price is locked for 10 minutes while you confirm your order. You then pay by bank transfer (UK Faster Payments, SEPA or SWIFT), quoting your order number. Any VAT for your delivery country is shown before you order.
Both hold one troy ounce of gold. A bar usually has a lower premium because it is simpler to make, so it is the cheaper way to own the metal. Coins are legal tender and carry a mint's design, which some buyers prefer.
A troy ounce is 31.1035 g, the standard unit for weighing precious metals. It is about 10% heavier than the everyday ounce of 28.35 g.
It is the live gold spot price for one troy ounce plus the stated premium, in the currency you choose. The price updates as the gold market and exchange rates move.
Yes. One ounce is the most common size in the gold market, so dealers buy 1 oz bars readily, especially from recognised refiners.
Yes. We buy bars like this back at 97% of the live spot value of their fine metal content, with no fees. Request a quote on our Sell to us page, and we pay by bank transfer once we have received and checked the item.