Buy 1 oz Gold Bars In NYC | Bullion Trading LLC (2024)

1 oz Gold Bullion Bars

We are proud to offer a wide selection of 1 oz gold bars that can be added to any investment portfolio. Each gold bar/gold ingot has been fully verified by an independent reputable assaying laboratory and is stamped with its exact purity by weight as well as the guarantee of at least one full troy ounce.

The 1 oz Gold bar is a popular and best gold bullion bars for investment. They are not only an excellent way to invest in Gold Bullion for sale but they are also easily recognizable and highly liquid [liquidity pertains to the ease with which an asset can be converted into cash]. Due to its high liquidity, many investors use this product as a standard means of creating a portfolio. However, when it comes to 1 oz Gold bars – not all are created equal.

There is plenty to choose from when it comes down to 1 oz. Bars of gold. We carry a variety of products from many companies around the globe. All one ounce gold bars are sold at lower premiums at Bullion Trading LLC and come with a .9999 purity and a 1 oz weight indication for authenticity.

In addition to the .9999 purity and 1 oz weight, most 1-ounce gold bars also feature markings that inform you of their fineness, origin, and content (i.e. 1 oz fine gold). The reason that they are stamped with these details is that these marked gold bars from world-renowned mints like PAMP Suisse have to comply with a number of international standards. And why? The reason is simple – you deserve the best when it comes to your investment purchases and we wouldn’t have it any other way.

Popular One Ounce Gold Bars Designs

More than two dozen different mints and refineries produce 1 oz gold bars for commercial sale, so there are many products to choose from. Here is a list of the most popular designs of 1 oz gold bars for sale that you will find on the market today:

PAMP Suisse Lady Fortuna

The Lady Fortuna 1 ounce gold bar from PAMP Suisse is a beautiful, intricately detailed work of art. Lady Fortuna is a Roman goddess believed to bring luck. She is engraved on one ounce of PAMP Suisse gold bars. Lady Fortuna, a Roman god believed to bring good fortune and bad luck to the Romans, is engraved on the obverse of one ounce of PAMP Suisse gold bars. This indicates that there is uncertainty about good fortune or bad.
PAMP Suisse’s logo is displayed on the reverse of the gold bar. Below the logo, you’ll find the gold purity and gold weight. Then there is an individual serial number that is attributed to each bar.

Credit Suisse Design

Credit Suisse 1 oz gold bars have a unique hexagonal design that is distinct from many other gold bar brands. In addition to the name of the issuing entity, the front side of each Credit Suisse Gold Bar features an engraved image of the Credit Suisse logo (the firm’s abbreviation), as well as the 99.99% purity and 1 oz weight markings. As beautifully rendered on all of their gold bars, the Swiss-based refiner has engraved its name in a serif font while adhering to industry standards for elemental values expressed in metric units. On the opposite side of the bar, the “Credit Suisse” emblem is in a repeated diagonal pattern.

Argos Heraeus Design

The company logo appears on the obverse portion of these 1 oz Argor Heraeus Gold Bars. A circle with the words Argor Heraeus SA engraved around its outermost rim is located at top of the design field. You will find the AH initials from the refinery in the middle of the circle. The side will also have the inscriptions of Switzerland and the weight, purity, and metal content. An assayer’s mark is also visible at the bottom. It has a 6-number coding scheme and a unique serial number. The reverse of Argor Heraeus Gold Bars displays a blank design.

Rand Refinery Design

The Rand Refinery’s logo, weight, fineness, and unique serial numbers are displayed on the front of each one of these 1 Oz Rand Refinery Gold Bars. On the reverse side, you will see a mother elephant and her child as well as the term “LOXODONTA”, the genus of the African Elephant.

Common 1 oz Gold Bullion Bars Mints

1 oz gold bar is one of the famous gold bullion products in the precious metal market and is produced by world-renowned mints. Examples include PAMP Suisse, Valcambi Suisse, Credit Suisse, Heraeus, Engelhard, Johnson Matthey, and Perth Mint–each with dozens of different 1 oz gold bars. Some of the renowned mints to buy an ounce of gold are:

PAMP Suisse

PAMP Suisse was founded in Ticino (Switzerland) in 1977. Officially known as Produits Artistiques Metaux Precieux (PAMP), PAMP is a major purifier of palladium, gold, silver, and platinum bars. The valuable metal items come in a variety of styles, with the majority offering.9999 purity for the metal. PAMP Suisse, which is part of the MKS PAMP Group, works with MKS Switzerland. It’s a global money-related administration and valuable metals company.

Credit Suisse

Credit Suisse, a highly respected institution that was established over 150 years ago, is an international symbol for the high quality and craftsmanship of its products. The most loved bullion product in the precious metals sector is their 1 oz Gold Bars.

Valcambi Suisse

Valcambi is a well-known and respected precious metals refinery in Switzerland. It is located in southern Switzerland. It opened its doors in Ticino, in 1961. Since then, it has been refining precious metals. Switzerland doesn’t produce precious metals. Instead, precious metals are exported to Switzerland by many countries. Switzerland is well-known because of the quality and demand for its metal products.

Rand Refinery

The Rand Refinery was established by the Chamber of Mines in 1920 to refine all of South Africa’s mined gold. The company has processed approximately 50,000 tons of precious metal or around a third of the world’s total gold.
Rand Refinery supplies all gold produced by the South African Mint Company. They are the only company that produces legal tender coins in South Africa. The South African Gold Krugerrands are the most highly-traded and loved coins worldwide, with the refinery being the sole supplier of coin blanks.

Benefits of 1 ounce Gold Bars

Owning gold bars comes with great benefits from diversifying portfolios to hedge against inflations. Since 1 ounce gold bars are cheap to purchase than other sizes of gold bars, it brings great investment opportunities, especially for beginners. Following are some of the benefits of investing in a 1 oz gold bar:

  1. With a purity of at least 99.9%, Gold is one of the least reactive elements on earth and thus has been valued for its beauty and longevity since antiquity. With an increase in the global gold supply over the last several decades, this metal has been utilized increasingly in the manufacturing of jewelry, electronics, and numerous other commercial endeavors.
  2. 1 oz gold bars are ideal for many investors who put little emphasis on portability but instead focus on security, as these bars are difficult to forge or otherwise tamper with once they have been formally registered by a reputable mint or refiner.
  3. These bars are also secure in that they can be stored at a variety of locations, including depositories managed by the issuing mint or even with one’s own bank.
  4. 1 oz gold bars possess liquidity that can make them ideal for investors who plan to sell their holdings in the short term, as it is relatively easy to purchase 1 oz gold bars from a number of dealers and then sell them back at a later date with minimal effort.
  5. Gold has been an important asset class for thousands of years and thus is likely to continue its role as a safe haven in times of turmoil or market volatility. 1 oz gold Bar is easy to buy and sell due to its liquidity. So, even if you are a beginner at investing in precious metals, you can quickly buy, hold, or sell the 1 oz gold bullion bars.
  6. Investors may also be able to buy ounce of gold at a relatively low premium, given that the cost of 1 troy ounce is often similar regardless of whether the bar has been issued by a private entity or an established mint.

Assay Cards

The assay card is a nontraditional but very important tool for 1 oz gold bar investors. It has not received much attention, but many who invest in gold bars absolutely love it because they see it as an added security and validation of their 1 oz gold bullion’s authenticity.

When you purchase a 1 oz gold bar with an assay card, it is always good practice to verify the details on this card against other sources of information. If these two things don’t match up or you’re not sure about the details mentioned in the card, then you may want to seek another 1 oz gold bar that does have an Assay Card.

1 oz gold bars with assay cards are available from almost all major mints and refineries, such as the ones featured on our websites, like the PAMP Suisse or Credit Suisse Gold Bar, for example. Overall, there is a good variety of 1 oz gold bars with assay cards.

Buy Ounce Of Gold From Bullion Trading LLC

Bullion Trading LLC is a bullion dealer that offers gold bars(gold ingots) in addition to several other precious metal options in New York City. We offer 1 ounce Gold Bars at extremely competitive prices and are always available for fast delivery of 1oz Gold Bars to anywhere in the United States.

If you have any questions about 1-ounce Gold Bars or our other products, please contact us at 646-362-3536and we will be happy to assist you. You can buy 1 oz gold bars from Bullion Trading LLC anytime during our business hours, which are Mon – Thu 8:30 AM to 4 PM EST and FRI 8:30 – 1 PM EST. Take a look through all of our 1 oz gold bars and pick out the one that suits your preferences best. You can also buy gold bars online. Our online checkout is easy to use and all transactions are secure, which means you never need to worry about anything when shopping with us online at Bullion Trading LLC. We hope you enjoy browsing our site!

Also, consider buying 1 Kilo Gold Bars.

Buy 1 oz Gold Bars In NYC | Bullion Trading LLC (2024)

FAQs

Can an LLC buy gold as an investment? ›

Tax Considerations

Tax wise you won't pay any extra taxes by using an LLC to hold gold and silver. Since the LLC is a flow through tax vehicle, taxes on gains will be taxed to you personally, just as if you held it in your individual name. The difference is with an LLC you have asset protection.

How much should I pay for 1 oz gold bar? ›

Gold Bullion Bar 1 Ounce
Weight:Spot Price:Buy Price:
1.00 oz$ 2,424.62$ 2,524.03

How to buy physical gold in NYC? ›

Some of the most popular gold dealers in New York City are Bullion Exchanges, the Manhattan Gold & Silver Exchange, and the Midtown Coin & Collectibles Exchange. Each of these locations offers a wide variety of gold coins, bars, and other items at competitive prices.

Can I buy gold bars from the US government? ›

You can buy or sell precious metal bullion and coins from private dealers. The Fed neither buys nor sells precious metals. The United States Mint offers bullion through dealers.

Does the IRS know when you buy gold? ›

Purchasing precious metals is typically done with cash, money orders, or cashier's checks. The dealer must use IRS form 8300 to disclose the transaction if it exceeds $10,000.

Do you pay tax on gold bars? ›

This is called the capital gains tax. And since gold is an investment asset, when you sell your gold and make a profit it is taxed as capital gains. Though, depending on how you held your gold, you will either have to pay taxes at the ordinary capital gains rate or at a general rate of 28%.

Which 1oz gold bar is best? ›

One standout option is the 1 oz Gold Bar from PAMP Suisse. Known for their exceptional quality and design, PAMP Suisse bars are highly sought after by investors worldwide. They come with a Veriscan® technology that provides a unique digital identity to each bar, ensuring authenticity and ease of verification.

Are Costco gold bars worth it? ›

Like all gold products, Costco's gold bars fluctuate in price. But it consistently maintains a low gold premium. Previous prices have been around $2,000 for one ounce of gold with a markup of about 2.5%. Most people won't find a better price for gold than what Costco charges.

Is it worth buying 1 oz of gold? ›

There are several reasons to add 1-ounce gold coins to your investment portfolio, so it may be worth considering for you. Start by comparing your gold investing options to tap into the safety and stability gold investments while taking advantage of the other benefits this type of investment asset offers.

Is gold taxed in NY? ›

Bullion Sales Tax in New York

Under New York law, www.tax.ny.gov, there is a statewide sales tax of 4%, with additional local sales tax which can increase it to as high as 8.875%. In New York, there is a small exemption for the purchase of precious metal bullion.

Who is the owner of bullion Trading LLC? ›

Yitz Kahan - Owner - Bullion Trading LLC | LinkedIn.

Who is the most reputable gold dealer? ›

Best Online Gold Dealers for May 2024
  • Best Overall: APMEX (American Precious Metals Exchange)
  • Best Customer Experience: JM Bullion.
  • Best for Gold Coins: BGASC.
  • Best for Buybacks: Money Metals Exchange.
  • Best Low-Price Option: SD Bullion.
  • Best Reputation: Golden Eagle Coins.

Why is it illegal to own gold bars? ›

As mentioned before, the ban on private ownership of gold in the United States was implemented as an emergency measure to combat the Great Depression. The U.S. was on a gold standard at the time, meaning that the value of the U.S. dollar was tied directly to a specific amount of gold.

Can you take a gold bar to a bank? ›

Some Central Banks will allow customers to sell gold bars or coins, but not all. Some will let you trade gold that is legal tender — but only at face value. However, it's important to consider the market value of your gold before trading it for face value.

When you buy gold, is it tracked? ›

Reportable Purchases

Often, promoters will claim that the coins they offer are not subject to “reporting.” Such statements imply the government requires gold transactions be reported. However, no government regulations require the reporting of the purchases of any precious metals, per se.

Is buying gold a tax write-off? ›

For instance, if you just bought some gold bars and coins and stored them away, this isn't a valid write-off. But if you sold some of the gold you bought and experienced a loss as a result of doing so, you then have a valid write-off.

Can I invest through my LLC? ›

Yes, an LLC can invest in stocks, bonds, ETFs and mutual funds. This is usually done through a brokerage account.

Does buying gold count as an investment? ›

Through the years, gold has served as a hedge against inflation and the erosion of major currencies, and thus is an investment well worth considering.

Can a business hold gold? ›

A person purporting to hold coins or bullion solely for resale in the regular course of business must be able to prove that they actively engage in business as a seller of coins and bullion.

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