GOLD BAR

Product Description

Key Characteristics:

• Material: Made of refined gold. The purity of the gold in a gold bar is important, and investment-grade gold bars typically have a high purity (e.g., *9.5% or higher).
• Shape: While the name suggests a "bar," gold can be shaped into different forms. However, rectangular bars are the most common.
• Size and Weight: Gold bars come in various sizes and weights. Common sizes include:
  • 1 troy ounce
  • **0 grams
  • 1 kilogram (kilobar)
  • **0 troy ounces
  • **0 troy ounces (Good Delivery bar)
• Production:
  • Cast bars: These are made by pouring molten gold into a mold and letting it solidify. They often have a more rustic appearance.
  • Minted bars: These are made by cutting gold blanks from a sheet of gold and then stamping them. They tend to have a smoother, more refined appearance.
• Markings: Gold bars usually have markings that indicate:
  • The manufacturer or issuer
  • The weight of the bar
  • The purity of the gold
  • A serial number (especially on larger bars)