Is it illegal for the company to buy gold bars in cash?

It is not illegal for a company to buy gold bars in cash. The law does not prohibit enterprises from buying gold, so enterprises can buy gold bars, which does not constitute an illegal act. Gold bars come from ancient currency circulation and are more used in the fields of collection and investment. All the major banks and financial institutions in the world reserve and circulate their own signature gold bars, such as the standard gold bars of Shanghai Gold Exchange.