Who Certifies Gold Bullion Bars?

Certified gold bullion bars originate at the COMEX, or Commodities Exchange division of the NYMEX, which is the New York Mercantile Exchange. The COMEX handles aluminum, copper, gold, and silver, and distributes 24-karat, “bulk” gold bullion to various global bullion bar manufacturers worldwide. The gold is thoroughly purified and tested by COMEX, as well as by each individual bullion bar manufacturer/distributor, who in turn, also checks their newly processed bullion bars for weight, and purity. Some of the world’s most reputable bullion bar manufacturers are Engelhard, Johnson Matthey, Credit Suisse, and PAMP Suisse, and precious metals buyers are advised to rely on these brand names for their certified gold bullion bars.

Prices for certified gold bullion bars should most certainly not be confused with those for rare gold coins, since bullion bars are completely devoid of the inherent numismatic value that rare coins possess. For this reason, bullion commands prices that are only slightly higher the current gold “spot price”, which represents the cost of one troy-ounce of pure gold.

Household investors typically purchase one-ounce, and/or ten-ounce bullion bars, and use these bars as either short-term profit vehicles, as diversifications for far more expensive certified rare gold coin holdings, or as U.S. government-approved, long-term, gold-backed IRA contributions. They are easily and discretely carried or stored, and are also superb candidates for physical possession and quick, convenient liquidation in the event of an emergency.

Investors can avoid paying extortive retail prices for their certified bullion, and rare coin by contacting one of our friendly specialists, who offer institutional discounts on these, and other precious metal items to household investors like you.