After much consideration i have decided to check in to buying some Gold and yes i realize that there are costs involved but when i went Into look about buying a 5oz bar i was told there would be a $50 an Oz add on sounds kind of high to me maybe half of that is more Realistic, So what is acceptable?
Spot prices (or close to it) apply to purchases of 100 oz and 400 oz gold bars. Everything smaller has more of a premium on it due to carrying/manufacturing costs. On your 5 oz bar this is a 50 bucks is 0.7% premium so it's pretty low.
I'm personally not a fan of bars in any size just because of the liquidity issues. If I ever decide to liquidate my holdings I know I can do so an ounce at a time and if I sell to the right dealer I may be able to get above spot on my coins. I have not seen any bullion dealer advertising above spot for bars.
