close
    What does a Gold Bar weigh?

    Does anyone know how much a Gold Bar weighs, are there different sizes?

    0  Views: 1609 Answers: 1 Posted: 12 years ago
    Tags: gold

    1 Answer

    A gold bar is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping.
    Larger gold bars that are produced by pouring the molten metal into molds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets.
    The standard gold bar held as gold reserves by central banks and traded among bullion dealer is the 400-troy-ounce (12.4 kg or 438.9 ounces) Good Delivery gold bar.
    The kilobar, which is to say 1000 grams in mass, is the bar that is more manageable and is used extensively for trading and investment. The premium on these bars when traded is very low over the spot value of the gold making it ideal for small transfers between banks and traders. Most kilobars are flat, although some investors, particularly in Europe, prefer the brick shape.


    Thank wiki.



    Top contributors in Business & Finance category

     
    ROMOS
    Answers: 97 / Questions: 0
    Karma: 4305
     
    Colleen
    Answers: 215 / Questions: 0
    Karma: 4020
     
    Benthere
    Answers: 1 / Questions: 0
    Karma: 1905
     
    Ducky
    Answers: 35 / Questions: 0
    Karma: 1890
    > Top contributors chart

    Unanswered Questions

    Nhà cái 9bet
    Answers: 0 Views: 6 Rating: 0
    81betcomco
    Answers: 0 Views: 13 Rating: 0
    King88
    Answers: 0 Views: 10 Rating: 0
    Nhà cái Ta88
    Answers: 0 Views: 11 Rating: 0
    vn88zacom
    Answers: 0 Views: 10 Rating: 0
    fancywindevcasio
    Answers: 0 Views: 10 Rating: 0
    > More questions...
    483844
    questions
    724166
    answers
    813308
    users