Which gold bars would be best to purchase?

There are two things to consider when choosing gold bars, namely the price per gram and flexibility for the future. Within the available budget, different sizes of gold bars are often available. Gold bars are produced in sizes ranging from 1 gram to 1 kilogram, so for less than EUR 100 it is already possible to buy a gold bar.
 
It is also important that you buy gold from a recognized producer. This way there is certainty about the origin of the gold, but also about the correct weight and content. Approved producers have Good Delivery Status, which makes it easy to sell the gold again in the future. Also, each gold bar then bears the weight, content, usually a serial number and the logo of the particular smelter.
 
The price of gold bars is linked to the current gold price. The premium you pay reflects how much you pay above the value of the gold. Included in this premium are production costs, in addition to profit margins for the smelter and the dealer where you buy the gold.
 
The most common gold bars are minted in 50 grams and 100 grams. With the current price of gold, these are denominations that are accessible to a mainstream budget. Gold bars of 1 troy ounce are also common and that equates to 31.1 grams - which is the standard for gold coins and gold bars worldwide.