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Gold
Bullion
Gold Bars
Gold Coins/Rounds
Gold Nuggets/Scraps
Gold Jewelry
Silver Bullion
Silver Bars
Silver Coins/Rounds
Silver Nuggets/Scraps
Silver Jewelry
Platinum Bullion
Platinum Bars
Platinum Coins/Rounds
Platinum Nuggets/Scraps
Platinum Jewelry |
Gold Bars
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gold bar is usually a gold ingot (a precious metal cast into a
specific shape for the purpose of resale) made of nearly or
completely pure gold. The primary intention of such a
work is to create a easily identifiable weight of gold for
resale or for investment. Storage of such a shape of
usually more efficient than simply gold nuggets or gold
scraps, which can cause issues with their unusual and variable
shapes. |
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Gold bars usually
come in two different shapes, casted and minted. Casted
means the gold was melted down and poured into a mold which was
then hardened into a metal bar. Minted are gold blanks,
usually into the shape of coins that have been hand cut to a
specific shape for the purpose of a specific denomination.
Minted gold bars usually carry more of a premium value compared to
cast gold bars because more attention to detail is taken when
creating a minted gold bar or coin because of additional aesthetic
features have been added to increase resale value to collectors.
Cast gold bars are usually most common form when dealing with
investors as the premium over market value is much less due to
lack of detailing.
Weight of gold
bullion and gold bars are usually measured in troy ounces.
One troy ounce equals 31.103 grams. Implying that if gold
was currently valued on the open market at $800 per troy
ounce, gold would then have a value of around $25 per gram.
Gold bars and coins usually come in 100 gram, 1 troy ounce, 1
kilogram, and 400 troy ounce bars. Gold bars are a great way
to buy bullion.
Where To Buy Gold
Bars
Monex Precious
Metals - Gold Bars
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