Metalor 1kg Gold Bar

Metalor 1kg Gold Bar

The brand new 1kg gold bar is produced by Swiss refiners Metalor and recognised by the LBMA. The cast gold bar can be traded anywhere globally. Each bar contains 1kg of fine gold and comes with a unique serial number and certificate, for buyer confidence.

Our Expert Opinion

The 1kg gold bar is a popular choice for investors with substantial funds, seeking value and simplicity. As the biggest gold bar we offer, the 1kg Metalor can be purchased at the most economical price due to its large size. Manufacturing costs for one large piece of gold are lower than producing the equivalent gold in coins or smaller bars, so for those prioritising the lowest price per gram, this is a great choice. Metalor is a world-renowned gold producer so selling your bar will always fetch the maximum return. The brand name can be more important with bars of this size because in theory there are fewer buyers of a 1kg bar (people who can afford it), than those seeking 1oz gold bars. So if you compromise and buy an obscure 1kg bar, your sale price may well also be affected. Metalor strikes a perfect balance between having a premier Swiss reputation while offering far better value than the likes of Pamp.

How big is the bar

A bar of this size can also bring the unique satisfaction that holding physical gold can afford. Most people imagine brick-like gold bars like the gold in the movies, so when they end up purchasing some gold coins or 20g gold bars, many are left underwhelmed with the amount their money can buy. While the 1kg bar does resemble the brick size bars in films, it is more modest in proportions, while maintaining the same desired effect. Generally, bars featured in films and on TV, and those bought and sold by Central Banks are in fact 12.5kg bars (or 400oz)! For those able to afford the 1kg bullion bar, instant comfort and pleasure can be derived from simply handling the bar. Unlike the smaller 5g to 100g bars, the 1kg Metalor bar is a cast gold bar. This means the gold is produced by pouring molten gold into a set 1kg cast rather than cutting the bars from a sheet of gold. It’s only important for aesthetics that you understand the difference before you buy. There’s no difference in the value of a cast or minted gold bar, but the cast bars have more rounded edges and look more rugged. The fact the bar has a stamped serial number and accompanying certificate is all you need.

Any alternatives?

Individual circumstances and objectives will dictate whether the 1kg bar is the most economical choice for an investor. Certainly, the purchase cost is low. As part of a much larger investment, it can play the role of reducing the average cost of a gold portfolio, when combined with coins or smaller bars. If bought on its own, it can present the issue of divisibility for that investor, limiting liquidation choices. After all, if you wish to sell half your holding and you only own one gold bar, then the hacksaw needs to come out (joke!).

A compromise we see often with those focussed on gold bars is to perhaps make up 1kg from a combination of smaller gold bullion bars. You’ll only pay marginally more to buy 1x500g, 1x250g, 2x100g, and 1x50g for instance, but you’ll gain the advantage of the flexibility to sell part of your holding. Of course, many investors with £30k+ to buy gold will opt for tax-free gold coins. Price reductions are still achieved with coins by purchasing in larger quantity, although the price per gram will still be slightly higher than that of a 1kg bar. As well as the divisibility benefit we’ve already mentioned, the UK coins also benefit from being Capital Gains Tax-free.  The Gold Britannia, for example, can be bought at very low premiums as it’s mass-produced in a bullion finish and is 4 times the size of a Sovereign, and therefore cheaper to produce. However, as UK legal tender, any profits made are completely tax-free. Unlike owning lots of smaller bars (or coins), possessing a 1kg gold bar doesn’t enable you to sell your portfolio strategically between tax years to be tax efficient.