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 ...

"Limit of 1 transaction per membership, with a maximum of 2 units per 24 hours," Costco's website says, for two different 1 oz. gold bar products from Rand Refinery and PAMP Suisse Lady Fortuna ...

The wholesale retailer began selling gold online in September and 1 oz. gold bars on Friday were going for $2,069.99, with a limit of two bars per Costco membership.

The company has sold non-refundable 1-ounce gold bars from Rand Refinery and PAMP Suisse through its website, according to October reports. It instituted a 2-bar limit for Costco members.

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 ...