The Kilo Pamp Suisse Gold Bullion Bar weighs in at exactly 1000 grams, or about 2.
2 pounds.
What are the benefits to buying a gold bullion bar of this size? Here are two main advantages to consider when looking at this size over the other weights: Low Premium Heavier and bigger sized renditions of the gold bullion are indeed recognized and traded across global markets therefore making them liquid and divisible.
This is a wiser way to concentrate one's wealth but don't forget that you shouldn't concentrate all of your investments in gold bullion bars, or precious metals in general.
High Liquidity Investing in gold bars can result in a higher return of investment but you might have to wait awhile to see the appreciation.
It isn't correlated with paper shares of stock that have the bias to rise in value quite rapidly if you made the right trade.
The upside about this however is definitely all about the expectation of getting your hands on the brick of gold.
To balance off, there are disadvantages over purchasing massive sized gold bars and one of the explanations is the acquisition time.
You have to hang about for a couple of weeks to get hold of the smaller ones while the wait for the bigger ones usually is around 2 months at the maximum time.
Why is it tougher to ship the huge Kilo Pamp Suisse Gold Bullion Bar? Storage happens to be the problem.
The prices are based on spot gold price so follow the golden rule to get the best out of your acquisition and that is : the more bars to be purchased the lesser amount you have to actually pay.
Just say you would be coughing up enormous sums of cash if you were to transport around 10 pieces of these gold bars.
Given the pros and bad points, I believe it is still advantageous to buy the big Kilo Pamp Suisse Gold Bullion Bar.