Answer
Mar 07, 2025 - 05:33 AM
1 oz gold bars typically have lower premiums over the spot price compared to gold coins, making them a cost-effective way to invest in physical gold. Gold coins, such as the American Gold Eagle or Canadian Gold Maple Leaf, often carry higher premiums due to their legal tender status, collectibility, and intricate designs. Investors seeking to maximize the amount of gold for their money often choose 1 oz gold bars for their lower costs and higher purity.
