The universal first purchase
1oz Gold Bar: Price, Premiums and Buying Guide

| Spec | Detail |
|---|---|
| Fineness | 999.9 (24 karat) |
| Weight | 1 troy oz = 31.1035g |
| Format | Minted bar, tamper-evident assay card |
| Makers | PAMP Suisse, Valcambi and other LBMA refiners |
| Reference band at $4,298 spot | $4,350 to $4,600 (premiums from about 1.3% at sharp online dealers to about 5% boutique) |
One troy ounce, 31.1035 grams, 999.9 fine: this is the size most private buyers actually start with, recognized at a dealer counter in Dubai, Singapore or Hong Kong without anyone needing to be a bullion expert first. PAMP Suisse and Valcambi are the two names you will see most, both LBMA refiners, both selling this weight with a tamper-evident assay card.
It is the default first purchase at private desks across all three hubs we cover, the size a dealer suggests when someone asks where to begin rather than how much to allocate, and the easiest size to compare honestly between two dealers on premium alone.
Where it fits
This suits a first purchase, a top-up to an existing holding, or simply the most internationally fungible small format available, recognized and resold everywhere without anyone needing the coin expertise a numismatic piece demands. If you want lower percentage premiums and are prepared to hold more value in fewer pieces, our 500g bar gets there.
999.9 fineness clears every purity threshold across the three hubs. Zero-rated at 5 percent UAE VAT, exempt from Singapore's 9 percent GST as an Investment Precious Metal since IPM only asks for 99.5 percent purity, and outside VAT, GST and capital gains tax altogether in Hong Kong. A coin at the same 1oz weight, like the Krugerrand, does not automatically clear that bar, its fineness is only 91.67 percent.
Price and premium in 2026
Spot sat near $4,298 an ounce on 25 Sept 2026, and our range for a 1oz bar is $4,350 to $4,600: premiums run from about 1.3 percent at the sharpest online dealers up to around 5 percent at boutique counters, for the same weight and fineness. That is a wider spread in percentage terms than a wholesale bar carries, because this size holds proportionally more of the refiner's fixed minting and packaging cost per gram.
We do not post a fixed number for the same reason nobody honestly should, spot moves every day. We quote live on WhatsApp against that morning's price, and the dealer's premium on top should always be stated as a clear percentage, not folded into the total. A useful rule of thumb: if two dealers quote the same spot but land more than about 3 percent apart on this size, ask exactly what the second dealer is charging for, since the metal itself is identical.
Prefer to just ask? Send a short message, we reply the same day.
Get today's rateHow to verify before you buy
This is a widely counterfeited size precisely because it is the most commonly traded one, high volume attracts effort from the wrong people too.
A magnet test catches nothing useful, tungsten-filled fakes exist precisely because tungsten's density sits close to gold's. An ultrasound or XRF scan is the real test. Full method: how to verify a gold bar is real.
- Check the sealed assay card for a QR code or Veriscan verification.
- Confirm the refiner is on the current LBMA Good Delivery List.
- Cross-check the serial number online before you pay.
- Verify weight and fineness against the refiner's published spec.
- Buy only from an authorized dealer.
- Compare the quoted premium against live spot before agreeing a price.
Buying and selling both ways
We buy 1oz bars back on the same terms we sell them: XRF or ultrasound confirmation, serial checked against the card, a quote against that day's spot. In Hong Kong specifically, bank counters and heritage jewellers post live buyback prices for exactly this kind of bar, and on-island LBMA-accredited refining means assay-to-settlement can happen without the metal ever leaving the territory.
Send photos of the bar and its assay card on WhatsApp for a same-day first-pass quote, buying or selling.
Buying or selling a 1oz bar?
Tell us the refiner and whether the assay card is sealed. We quote live the same day.
Get today's rate