Can You Invest With 5 Gram Gold Bars?

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The gold price is currently near $1,300 per ounce and will only go higher over time if history is a guide. And if the US dollar should weaken dramatically, it will go a lot higher. One-ounce gold coins and bars are already difficult to afford for many people. That is why the popularity (and availability) of gold in smaller units is rising.

5-gram gold bars are a good example. These bars, the equivalent of just 0.16 troy ounces, cost a fraction of what a standard 1-oz bar does. That makes them accessible to investors with very modest budgets.

Some argue that in periods of very high demand for metal, smaller units may outperform by virtue of this broader appeal.

In any event, it makes sense to include a variety of sizes in any gold holding. When it is time to sell metal, the investor will be able to choose exactly the quantity needed. In the event metal is needed for barter and trade, having the right denomination to trade with may be important.



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