Platinum continues to grow in stature as an investment alternative to gold and silver. Authenticity is arguably the most important factor in establishing its value. The biggest bullion dealer in the United Kingdom, Baird & Co., has produced an increasingly popular option for precious metal collectors and investors: the 1-ounce platinum bar.
London-based Baird & Co. is a lot more than a bullion dealer. It’s also a refinery and LBMA-approved manufacturer. Precious metal experts around the globe laud Baird & Co. products for their top-rated precision and purity.
Baird & Co.’s 1oz platinum bars are minted with .9995 fine platinum. This makes them great options for long-term investment vehicles like IRAs and diversified portfolios. Platinum bars for sale through Baird & Co. usually feature the company’s logo and a unique serial number to enhance security.
Investors who prioritize value favor platinum bars because their premium over spot is generally lower than coins. Their smaller size makes them easier to store. Baird & Co.’s premier reputation as a mint means their 1-ounce platinum bar is always in high demand, and therefore more liquid. It’s a prime target for both resale and long-term investing.
How much is a platinum bar worth? Its value can fluctuate according to market conditions. However, the primary drivers of 1oz platinum bar prices include:
Depending on market sentiment, investors can expect the 1oz platinum bar price< to hover just above the current spot price. Platinum’s emerging popularity as a rarer alternative to gold and silver makes it a great choice for portfolio diversification. Whether they’re for long-term precious metal IRAs or portfolio investments, platinum bars for sale are flexible and efficient options for long-term investment growth.