Gold Bullion Bar 10 Ounce
Weight: | Spot Price: | Buy Price: |
---|---|---|
10.00 oz | $ 26,451.30 | $ 27,377.10 |
10 Oz Gold Bars for sale
10 oz gold bars are investment grade gold bullion bars weighing exactly 10 troy ounces (10 oz), or 311.034768 grams. 10 oz gold bars have a fineness, or gold content, of at least 99.9%.
10 oz 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 10 oz gold bar can vary.
Why buy 10 oz gold bars?
10 oz gold bars are sought after by both investors adding bullion to investment portfolios and by a store of value buyers alike. 10 ounce gold bars are conveniently sized, affordably priced, and are well-known and liquid in the international marketplace. They generally are sold for slightly lower premiums than 1 ounce gold bars or gold coins (1 oz).
How much gold is a 10 Ounce gold bullion bar?
Each 10 oz gold bar has a minimum purity of 0.995 and is normally 0.999 pure or even 0.9999 pure. These bars contain exactly 10 troy ounces of gold. GoldCore only sells gold bars of recognized 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 bar.
Live Prices
Order Value | Price | Premium |
---|---|---|
$ 1,500 - $ 169,999 | $ 27,377.10 | 3.50% |
$ 170,000 + | $ 27,319.23 | 3.28% |
How to buy gold bars 10 oz from GoldCore?
You can buy 10 oz 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 American clients throughout the United States from our depository partner vaults in Delaware. We offer all major bullion bar and coin products for delivery and storage and you can pay by bank wire, by credit card or by debit card.
Many of our U.S. clients opt to store their gold bars in fully insured, offshore Secure Storage locations. We specialize in offering U.S. clients access to allocated and segregated bullion storage in secure nonbank vault partners in safer jurisdictions in the world such as Zurich, Hong Kong, London 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?
American investors or bullion buyers buy 10 oz gold bars normally to secure lower gold prices per unit. They normally keep them in Secure Storage and rarely take delivery. Investors also buy 1 kilo gold bars for storage as well as buying 10 oz gold bars. 1 kilo Gold bars have 32.1507 of pure gold or a little over three times the weight of a 10 oz gold bar.
Many investors prefer buying 10 oz gold bars which allow for increased divisibility when selling your gold. For investors investing on a long-term basis we advise a mix of gold bar formats, thus benefiting from on average lower premiums and allowing for most eventualities. GoldCore also allows clients to swap in and out of some gold bar formats without cost in certain circumstances.
How much is a 10 oz gold bar worth?
The price of a gold bar (10 oz) is shown in the upper right section of this page. The gold price of a 10 oz gold bar is calculated using three components:
- Gold spot price. The gold spot price is defined as the price 1 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 and quoted by data providers such as Thomson Reuters and Bloomberg.
- The weight of gold. The weight of pure gold found in a gold bar that is being purchased. A 10 oz gold bar has 0.999 or 0.9999 parts of pure gold, as such the 10 oz gold bar will weigh in gold terms a tiny bit more than 10 troy oz 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 U.S. and in international markets. 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.
In order to determine the gold price of a 10 ounce gold bar, simply multiply the spot price of gold by the number of gold troy ounce in the gold bar (10 ounces) and then add or subtract the current premium for that gold bar.
Should investors buy 10 oz gold bars?
10 oz gold bars typically command premiums of between 3% and 4% with GoldCore who offer some of the most competitive premiums in the gold market both for delivery and storage. 10 oz gold bars are great stores of value, are easy to store and if produced by a reputable refiner are easy to sell. Most clients buy 10 oz gold bars for secure storage and for the long haul.
Please Note - Bar Numbers and 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.Additionally, if you are buying bars for storage, only gold bars with a weight greater than one ounce and silver bars with a weight greater than 100 ounces will have their bar numbers recorded on the vault system automatically. For all other bar sizes and formats, you can request for serial numbers to be added to your account. There will be an additional 1% charge added to the bar premium for this service.The brand names of the bars will continue to be added automatically.