Want to add physical gold to your investment portfolio? If so, 1-ounce gold bars could be your best bet right now.

But you likely won't be paying just the spot price when you purchase 1-ounce gold bars. You can expect to pay a premium of about 3% to 5% over the price of gold, so be sure to factor that in, too.

January 25, 2024 / 12:51 PM EST / CBS News Before you invest in gold bars, it's important to understand whether 1-gram or 1-ounce gold bars make the most sense for your portfolio this year. Getty ...

The 1-ounce gold bar is the most popular option, and according to Brett Elliott, the marketing director at APMEX, Inc., it's almost always a better option than the 1-gram bar because it has a ...