You may wonder:
Are 1g gold bars worth buying?
After all, they’re super small in size compared to many other options you can invest in.
But this pocket-sized powerhouse is making some serious waves in the investment pool, especially if you’re just starting to dip your toes.
So, should you ride the waves too? That’s exactly what we’ll discuss in this guide.
Today, we’ll uncover:
- Are 1 g gold bars a good investment?
- Factors to consider before purchasing one
- How it stacks up against other precious metal investments
By the end, you’ll be able to tell whether this little nugget is right for you.
Note: Gold & Silver Central is for informational and educational purposes only, and does not offer any personal financial advice. Please consult with a professional before making any decisions.
The Case for 1g Gold Bars
One of the most commonly asked questions by beginners is “what is the smallest amount of gold you can buy?“
I’m sure there was a time when you felt like the Gold Club was a bit exclusive and that you needed big bucks to get in.
Well, times are changing, and guess what?
This precious yellow metal is no longer just for the big spenders.
With the snazzy 1g gold bars making an entrance, it’s like the golden gates are now wide open for everyone!
Making Gold Accessible to All
Back in the day, getting your hands on it meant you were probably splurging a fair bit.
But now? 1g gold bars are flipping the script.
Think of them as the cool mini-versions of yellow metal that are shaking up the investment scene.
If you’re just thinking of giving precious metals a go, these little bars are a sweet spot.
They will let you taste the world of gold investments without going all in.
Gold’s not just for the big leagues anymore.
Thanks to these 1g champs, you can jump into the pool, no matter the size of your floatie!
But what exactly can you expect when you own these little nuggets? Well, here are some of the benefits you’ll get:
- Flexibility in Purchasing and Selling
That’s the beauty of these 1g gold bars is that you can just dip in and out of things and test the waters a bit.
They’re like the tapas of the gold world.
Instead of diving in for the big feast, you can just nibble, adding a little bit of gold to your stash whenever you feel like it. Perfect for those who like to take things slow or add bits here and there.
- Ease of Storage and Transportation
Let’s be real. Most of us don’t live in mansions with vaults.
So, the idea of lugging around massive gold bars or stressing over where to hide them isn’t appealing.
These pocket-sized bars though are super easy to handle and stash. They’re like the USB drives of gold – small, convenient, and don’t take up half your living room.
- Lower Entry Point for New Investors
I’m sure that you ever thought about jumping into the investment world, but the deep end looked a tad intimidating.
So these cute little bars are the perfect starter pack for newbie investors.
Without burning a hole in your pocket, you get a taste of the gold buzz.
The Investment Potential
Okay, so 1g gold bars might look tiny, but it’s about the opportunities they bring to the table.
They’re literally making the gold world more accepting.
So, if you’ve been eyeing this precious metal as the shiny new addition to your investment mix or just like the idea of having something real and valuable you can hold, these little bars might be your best bet.
5 Factors When Buying 1g Gold Bars
There’s no denying that this cute-sized yellow metal is appealing, especially for new investors.
But before you jump in head first, there are certain things you need to consider to make sure that your investment aligns with your goals and financial circumstances.
Here are 5 of them:
- Navigating Premiums and Pricing
So, you know how when you buy concert tickets, there’s that annoying service charge on top?
It’s the same with 1g gold bars. They come with a little extra on top of the gold’s actual price – that’s the premium.
Just like service charges, these premiums can vary.
It’s all about who’s selling it, the brand, and even where it was made. Always a good idea to shop around a bit and see who’s giving you the best bang for your buck.
- Liquidity and Resale Potential
Now, let’s talk about selling.
You might be thinking, “It’s gold! Who wouldn’t want it?”
But with these tiny bars, it might be a tad more challenging than selling bigger ones. Imagine trying to offload a bunch of tiny items compared to one big one; it can be a bit more of a hassle.
- Storage and Security Considerations
If you’re jumping into this pool, you have to think about where you’re going to stash your shiny new metals. It’s gold, after all.
While they’re easy to store thanks to their size, you want to make sure they’re safe and sound. Might be worth thinking about a little safe or even a bank box.
- Making Informed Decisions
You know how you always check online reviews before trying out that new pizza joint or any restaurant?
The same thing applies here.
(Actually, even more due diligence is required when it comes to money and investments.)
Talk to your financial advisor and dive deep into some research to find out where’s best to buy from. No one wants a dodgy gold bar, right?
Also, we often publish reviews and guides on our website and YouTube channel, so be sure to subscribe today!
- Aligning with Your Financial Goals
Last, but not least, think about your big picture.
How does this fit into what you want for your money and future?
Maybe you’re all about that tangible investment life, or perhaps you’re still eyeing some stocks or even crypto.
You do what works for you and your current position.
1g Gold Bars vs Other Gold Investments
The truth is:
When it comes to the gold game, it’s not just one-size-fits-all.
There’s a whole world of gold investments out there!
While we have an in-depth guide on the best gold investments today, let’s have an overview of your other options and how they stack up to this little nugget.
Larger Gold Bars and Coins
Think of these like family-sized pizzas.
Bigger chunks like 10g, 1 oz bars, or even 100 g bars.
They can be a better deal per gram than the little guys, especially if you’re looking to go big on gold.
Don’t get us started on gold coins – some of them are collector’s items!
Pros: Better deals in bulk and just right for those looking to make gold a big thing.
Cons: Requires more money upfront and might be a bit much if you’re just looking to test the waters.
Gold ETFs (Exchange-Traded Funds)
If you don’t want to actually hold gold but still wanna get in on the action, Gold ETFs are where it’s at. They move with the gold price, and you can trade them like stocks.
Pros: Super convenient, no need to worry about storage.
Cons: You don’t get the joy of holding real gold, and there are some fees in the mix.
Paper Gold and Derivatives
This is for the daredevils out there! It’s all about betting on where gold prices are headed without having the real stuff in hand.
But be warned: the thrill comes with its fair share of risks.
Pros: Big rewards for those who know the game.
Cons: Not for the faint of heart. There’s a good chunk of risk involved.
This is a quite popular investment choice people who prefer to buy precious metals in a self-directed IRA, without having have to worry about storage and other details.
To help you further understand this topic, be sure to check out our comparison guide on Gold IRA vs physical gold here.
The good news is that you don’t necessarily have to make cash purchases, you may simply rollover your other 401(k) or other accounts into a Gold IRA.
The Gold IRA companies to consider:
All in all…
Before diving into the precious metals world, think about what floats your boat. Do you want something tangible or are you more of a digital investment person?
Remember, diversification is the name of the game. A little bit of this, a little bit of that will certainly help.
Buying 1g Gold Bars – Worth It?
Is it worth buying 1g gold bars?
Totally! It’s like getting a piece of that gold magic without going all-in.
Whether you’re looking for something solid you can touch, want to play it safe against those wild market rides, or just want to sprinkle some variety into your money game, these little bars can help.
But remember: everyone’s money journey is their own trip.
Just because it’s the cool thing for one person doesn’t mean it’s the right vibe for everyone.
Be sure to do your homework. Dive into some research, weigh the pros and cons, and get a feel for the gold scene.
It’s also important to consult financial advisors and keep learning yourself to stay clear about what you’re aiming for and make the right decisions.
Whether you want to take possession of your physical coins and bars, or looking to buy them in an IRA, check out our #1 recommended Gold IRA company in the US, Augusta Precious Metals.
They will educate you on diversifying with gold and silver, will hold your hand through every step of the process, and do 95% of the paperwork with you.
If this is something that interests you, give the Augusta team a call at 833-989-1952 to learn more.
You can also grab their guide here and get a FREE GOLD coin when you open a gold IRA account with them. How’s that for a sweet deal?
Now, we’d like to hear from you:
- Is it worth it to buy 1 gram gold bars?
- What is the smallest amount of gold you bought?
Share your thoughts in the comments below!