Press release from the Royal Mint:
Marking the anniversary of a successful first year for its bullion trading website, www.royalmintbullion.com, the Royal Mint has
announced the addition of a new kilogram gold cast bar to its offerings.
With a 57 percent increase in bullion sales since the launch of the
trading site in September 2014, the 1,000-year-old
organization is expanding both the bullion range and that of its Royal
Mint Refinery brand.
While the Royal Mint remains a very British institution, its bullion
customers are truly international. With customers that span nearly 35
countries, including USA, India, China and Canada, the new kilo gold
cast bar presents a high-value purchase opportunity for serious
investors and those who wish to own and trade larger amounts of gold.
What is a bullion coin?
Revived earlier this year after an absence of 47 years, the
world-renowned bullion Royal Mint Refinery brand expanded the bullion
range to offer gold and silver minted bars bearing the historic
marque. The kilo bar, like all Royal Mint bullion bars, bears the
branded RMR logo, established trademark since 1852.
In today’s diverse and competitive bullion market, RMR branded bars
are a trusted and economical way of owning gold and silver with the
Royal Mint offering bullion bars of .9999 fine gold and .999 fine
silver in a variety of weights, from one gram to 100 grams.
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Customers will be given the option of having the bullion delivered
direct to their home through an insured postal service, or to store
their gold in the Vault, the Royal Mint’s on-site precious metal
storage facility — which is protected at all times by the Ministry of Defence.
By purchasing bullion direct from www.royalmintbullion.com and
storing it in the Vault, customers can benefit from a buy-back
facility, assured that their physical Bullion will be held securely
outside of the banking and London Clearing System. This means it can
be liquidated, at customer’s request, at any time.
The Royal Mint’s trading website provides constantly updated live prices
for gold and silver at a rate linked to the current precious metal
price so that customers can confidently buy at the best possible price.
Chris Howard, the Royal Mint’s Director of Bullion, says, “We
launched royalmintbullion.com a year ago, which opened up gold trading
to an audience that may previously have been put off by the perceived
complexities of the market. To date, we have already attracted more
than 12,000 customers from across the world. Our 1,000 year history
and world-renowned heritage means that we are globally recognised as a
reliable authority on precious metals. As royalmintbullion.com passes
its first anniversary and begins to mature, we wanted our offering to
reflect this and felt the Kilo Gold Cast Bar adds depth to our range
and will appeal to the serious investor.”
The kilogram gold bar measures 53 millimeters wide and 118
millimeters long, and is eight miliimeters thick.
The cost of the Kilo Bar, as with all bullion products, will vary
depending on the price of gold at the time of purchase.