Weight | 1 kg, 1 oz, 5 oz, 10 oz, 100 oz |
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Gold bars are rectangular-shaped pieces of gold that are produced by a variety of private mints and government mints around the world. Gold bars are typically made of .999 or .9999 fine gold, which means they are at least 99.9% pure gold.
Gold bars are produced in a range of sizes, from small bars weighing just a few grams to larger bars that weigh several kilograms. The most common sizes for gold bars include 1 oz, 10 oz, 1 kilogram, and 400 oz.
Gold bars are a popular investment for those who want to invest in gold. They are considered a convenient and cost-effective way to own physical gold, as they generally have a lower premium over the spot price of gold compared to other forms of gold such as coins.
Gold bars are also highly liquid and easy to buy and sell. They are widely recognized and traded around the world, which makes them a convenient way to invest in gold.