Rand Refinery Gold Bars

1 oz Rand Refinery Elephant Gold Bar (Black Assay)

1 oz Rand Refinery Elephant Gold Bar (Black Assay)

In Stock

AS LOW AS

$4,434.30
100 Gram Rand Refinery Gold Bar

100 Gram Rand Refinery Gold Bar

Out of Stock

Buy Rand Refinery Gold Bars 

Purchase authentic .9999 fine gold bars from BOLD Precious Metals struck by only seven refineries in the world that are given the highest status in the London Bullion Market Association's Good Delivery system, which is known as a London Bullion Refined Good Delivery. Gold has been processed at Rand Refinery since 1920 and a total of more than 50,000 tons has been refined, which is approximately a third of the total gold ever minted on Earth. 

 

We provide from 1 gram to 1 kilogram and each bar has a tamper-evident assay card with a matching serial number. With our Price Match Guarantee, if a bar offers a lower price on an identical bar, it will be matched without having to question them. 


Buy Rand Refinery Gold Bars Online — Authentic, Assay-Sealed, LBMA Accredited 

When purchasing Rand Refinery Gold Bars from a bullion dealer you can count on, BOLD sources all of its bars from legitimate and trustworthy sources—not the gray market. Whether you are looking to buy a gold bar weighing one gram gold bars, 5 gram gold bars, 10 gram gold bars, 1 oz gold bars or 1 kilo gold bars, then every gold bar for sale listing on this page is one of our authentic gold bars and assay gold bars, which are both sealed with the same serial number.

 

Purchasing gold bars online is completely safe, as they are genuine LBMA gold bars (LBMA referee level accredited .9999 gold bars and serialized gold IRA-eligible gold bars). Whether you're looking to purchase gold bars from a dealer that has their back on the assay or you're searching for gold bullion to buy online, BOLD's gold bar selection includes everything you can imagine.

 

Purchase gold online from BOLD, and you are actually purchasing a gold financial investment and a physical inventory to back it up, in addition to a gold buyback system in place in case you are ready to sell. Specifically, are you searching for gold bars that you can save for investment at an affordable price that's transparent and based on the gold spot price? 

Browse our full range of gold bars for sale, all verified authentic and ready to ship. 

Rand Refinery Gold Bar Specifications 

  • 1920 — Year Founded. Established in Germiston, South Africa, by the Chamber of Mines on 27 November 1920.
  • 50,000+ — Tonnes Refined. Roughly one-third of all gold ever mined on Earth has passed through Rand Refinery.
  • 99.99% — Gold Purity. Every bar tested by independent LBMA-appointed assayers, not self-certified.
  • 1 of 7 — LBMA Referee Refineries. The highest tier within the LBMA Good Delivery system. Only seven refineries worldwide hold this status.

Specification

Detail

Purity

.9999 Fine Gold (99.99%)

LBMA Accreditation

Good Delivery — Referee Status (1 of 7 globally)

Serial Number

Yes — every bar individually numbered

IRA Eligible

Meets IRS .995 minimum fineness under IRC 408(m)(3); confirm custodian acceptance (see IRA section)

Origin

Germiston, South Africa — founded 1920

Packaging

Tamper-evident assay card with certificate

Available Weights

1g, 5g, 10g, 20g, 50g, 100g, 1 oz, 1 kg

Refinery Heritage

Supplies blanks for the Krugerrand (1967); linked to the South African Mint

 

Available Weights — Which Size Is Right for You?

Rand Refinery produces bars across a full weight range. The right size depends on your budget, storage preference, and whether you're stacking for investment or buying as a gift.

Weight

Best For

Notes

1 gram

First-time buyers, gifts

Lowest entry cost; higher per-gram premium

5 grams

Gradual stackers

Good balance of affordability and per-gram cost

10 grams

Regular investors

Popular mid-range size; strong secondary market liquidity

20 / 50 grams

Experienced stackers

Lower premium per gram; less commonly stocked

100 grams

Serious investors

Near-spot premium; excellent for larger positions

1 oz (31.1g)

Most investors—highest liquidity

The most widely traded size globally, BOLD currently stocks the Elephant Black Assay

1 kilogram

Institutional buyers, large portfolios

Lowest per-gram premium; available by request

 

Why Buy Rand Refinery Bars from BOLD Precious Metals

 

  • BOLD Pricing Guarantee 

Price comparisons are made daily at APMEX, JM Bullion, Hero Bullion and Monument Metals. If a lower published price is found on a Rand Refinery bar, we will match it (no calls necessary; just give us the listing).  

 

  • Free, Fully Insured Shipping 

Domestic orders in excess of $199 are free of shipping charges and shipping is fully insured. No extra charge, no opt-in, and no hassle, as your bar is covered from our vault to your door. 

 

  • BBB A+ Accredited 

BOLD is a BBB A+ rated company. You can check this out first-hand at BBB.org before you purchase. 

 

  • 4.3 Stars, 873 Verified Reviews 

An average rating of 4.3 stars based on 873 verified Trustpilot reviews. Feedback is always detailed on speedy delivery and professional packing. 

 

  • Active Buy-Back Program 

We only stock what we would buy again and that is why we stock Rand Refinery bars. With their LBMA status, there is no need to have to have extra authentication before making an offer. 

 

  • IRA Integration 

Support for the purchase and transfer of IRA holdings in the name of the IRA and coordination with the transfer and rollover with IRS-approved custodians from the purchase of a Rand Refinery. 

 

Rand Refinery vs. Other Premium Refiners

All four competing refineries available at BOLD carry identical purity and LBMA accreditation. The differences come down to heritage, design preference, and what you're optimizing for.

 

Refinery

LBMA Status

Purity

Serial No.

Heritage

Rand Refinery

Referee (1 of 7)

99.99%

Yes

South Africa — 1920

PAMP Suisse

Good Delivery

99.99%

Yes

Switzerland — artistic design (Lady Fortuna)

Valcambi

Good Delivery

99.99%

Yes

Switzerland—minimalist; popular CombiBars

Argor-Heraeus

Good Delivery

99.99%

Yes

Switzerland — known for Kinebar hologram bars

Asahi Refining

Good Delivery

99.99%

Yes

Japan/USA — modern successor to Johnson Matthey



Rand Refinery Bars in a Precious Metals IRA

Rand Refinery gold bars meet the IRS's .995 minimum fineness requirement under IRC Section 408(m)(3) at 99.99% purity, comfortably clearing the threshold. That said, IRA custodians maintain their own approved-product lists, and not every custodian treats LBMA Good Delivery accreditation as automatically equivalent to NYMEX/COMEX accreditation, which some custodians require specifically. 

 

In practice, most major custodians accept Rand Refinery bars, but given that at least one established dealer lists this exact product as not IRA-eligible, the responsible step is to confirm acceptance with your specific IRA custodian before purchasing for a retirement account. 

 

BOLD's team can help coordinate that conversation directly.

  • .995 — IRS Minimum Fineness. Rand Refinery bars come in at 99.99%, comfortably above the IRS threshold.
  • 100% — Segregated Storage. Your specific bars are held separately from other clients' holdings at an IRS-approved depository.
  • Tax Advantages — Gains are tax-deferred in a Traditional IRA or potentially tax-free in a Roth IRA structure. 

 

BOLD works directly with leading IRA custodians to make rollovers from existing 401(k) or Traditional IRA accounts straightforward.

 

Storing Your Rand Refinery Bar After Purchase

 

  • Home Safe 

Practical for 1 to 5 bars. Use a bolted, TL-rated safe. Check your homeowner's insurance policy schedule for valuables (standard policies typically carry low limits on precious metals) and add a bullion rider if needed.

 

 

  • Bank Safety Deposit Box 

Low cost, accessible during business hours. Important note: FDIC insurance does not cover the contents of safety deposit boxes. Separate bullion insurance is advisable here too. 

 

  • Professional Bullion Vault 

Services such as Delaware Depository and Brinks offer allocated, segregated storage with full insurance. Contact them directly for current fee schedules, which vary by asset value and storage type. The right choice once you hold a significant amount of physical gold. 

 

Physical Gold Investment — Rand Refinery Bars in a Diversified Portfolio 

For buyers looking to buy physical gold outside the paper-asset system, Rand Refinery bars remain one of the most trusted forms of gold investment available—a genuine way to buy gold bullion backed by referee-level LBMA accreditation and over a century of refining history.

 

Related Products 

 

Frequently Asked Questions

 

Are Rand Refinery Gold Bars IRA-Eligible? 

Most major firms that offer IRAs accept them, and they are 99.99% pure, which satisfies the IRS fineness requirement of .995 in IRC Section 408(m)(3). At least one of the established dealers lists this product as not being IRA-eligible, and custodian-approved product lists differ, so check with your particular custodian before buying for an IRA. BOLD's team can facilitate that discussion. 

 

What Sizes are Available for Rand Refinery Bars? 

Between 1 gram and 1 kilogram. Currently BOLD only sells the 1 oz. Rand Refinery Elephant Gold Bar in the Black Assay card. Other sizes are available on request via the ‘Notify Me’ button, and you will be informed when they are back in stock. 

 

Are there Taxes on Gold Bars? 

Most states in the United States do not charge sales tax for investment-grade gold bars that are at the 99.5%+ purity level. Capital gains tax is a tax that will be levied on you if you sell something for a profit, depending on your income bracket and holding period. See your tax advisor for your situation. 

 

Are Rand Refinery Bars a Good Investment? 

They are also LBMA Good Delivery, which means that they are liquid, with no loss of value when sold anywhere in the world to any major dealer or exchange. Indeed, when combined with 99.99% purity and over 100 years of uninterrupted use, they are one of the simpler options to invest in physical gold. 

Will BOLD Buy My Rand Refinery Bar Back? 

Yes. BOLD buys Rand Refinery bars at a competitive buy-back price, depending on the live spot price. Their LBMA status means additional assay isn't required before making an offer. 

 

What is LBMA Good Delivery Status and Why does it Matter? 

The London Bullion Market Association's Good Delivery List is the benchmark of the international market for gold quality and bar traceability. Unaccredited refinery bars are freely traded between institutional vaults and exchanges and don't need further testing. The highest ranks of referee status are awarded to Rand Refinery, which also cross-verifies other refineries' bars, which directly equates to resale ease for buyers. 

 

How do Rand Refinery Bars Compare to PAMP Suisse or Valcambi? 

Each has the same 99.99% purity and has been accredited by the LBMA as Good Delivery. In practice this translates itself into design and heritage: PAMP Suisse has an artistic side with their Lady Fortuna series, Valcambi has a minimalist side with their CombiBars, while Rand Refinery is known for classic design and South African heritage. If you are looking to invest, you should purchase on price, and the liquidity of resale is similar. 

 

What is the Current Price of a Rand Refinery Gold Bar? 

The price is the live spot price of gold plus the dealer premium as shown in the product grid above and in real-time during market hours. BOLD's Pricing Guarantee is a daily comparison with APMEX, JM Bullion, Hero Bullion, and Monument Metals.

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