Gold bar
A gold bar, also known as gold bullion or a gold ingot, refers to a quantity of
Types
Gold bars are classified based on their production process into
Minted bars are made from gold blanks, which are precisely cut from a flat gold sheet to achieve the desired dimensions. These bars are characterized by their smooth and uniform surfaces, reflecting a more refined and labor-intensive manufacturing process.
Security features
Manufacturers have developed measures to ensure the authenticity of gold bars and to protect them against
In contrast to cast bars, which may be handled directly, minted bars are typically enclosed in protective packaging or equipped with tamper-evident technology to deter tampering and prevent damage. Additionally, a security feature known as a Kinegram, a type of hologram, can be embossed directly onto a gold bar. Bars containing this feature are referred to as Kinebars.[4]
-
1 oz diffractive kinebar
-
Bar in protective casing
Standard bar weight units
Gold is measured in
The standard gold bar held and traded internationally by central banks and
- One tonne = 1,000 kilograms = 32,150.746 troy ounces.
- One kilogram = 1,000 grams = 32.15074656 troy ounces.
- One tola = 11.6638038 grams = 0.375 troy ounces.
- One tael = 50 grams.[notes 1]
Manufacturers
Manufacturer | Bar sizes | |||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Grams | Ounces | Taels | Tolas | |||||||||||||||||||||||
1 | 2 | 2.5 | 5 | 10 | 20 | 50 | 100 | 250 | 500 | 1,000 | 1⁄10 | 1⁄4 | 1⁄2 | 1 | 2.5 | 5 | 10 | 100 | 400 | 1 | 1 | 2 | 3 | 5 | 10 | |
Baird & Co.[7] | ||||||||||||||||||||||||||
Emirates Gold[8] | ||||||||||||||||||||||||||
Heraeus[9] | ||||||||||||||||||||||||||
Metalor[10]
|
||||||||||||||||||||||||||
PAMP[11][12] | ||||||||||||||||||||||||||
Perth Mint[13] | ||||||||||||||||||||||||||
Royal Canadian Mint[14][15] | ||||||||||||||||||||||||||
Royal Mint[16] | ||||||||||||||||||||||||||
Umicore[17] | ||||||||||||||||||||||||||
Valcambi[18][19] | ||||||||||||||||||||||||||
UBS[20] |
Largest gold bar
The world's largest gold bar stands at 250 kg (8,038 ozt), measuring at the base 455 mm × 225 mm (17.9 in × 8.9 in) and 170 mm (6.7 in) high with 5 degree draft angle (equal to 15,730 cm3 or 960 cu in). It was manufactured by the
See also
- Bullion
- Doré bar
- Gold as an investment
- Gold coin
- Inflation hedge
- Ingot
- Millesimal fineness
- Official gold reserves
- Platinum
- Precious metal
- Silver
- United States Bullion Depository
Explanatory notes
- ^ This is the official rate of taels in mainland China since the country implemented the metric system. In Taiwan and Hong Kong, a tael is equivalent to 37.429 g.
References
- ^ "US and European Gold Trading".
- ^ "What is a gold bar?". Archived from the original on 19 June 2010. Retrieved 31 July 2010.
- ^ "Frequently Asked Questions". PAMP. Retrieved 24 April 2019.
- ^ "KINEBARS®" (PDF). Gold Bars Worldwide. Archived (PDF) from the original on 4 March 2016. Retrieved 15 May 2017.
- ^ Topi (1 June 2024). "1 Ounce". Topi.vn. Retrieved 28 October 2016.
- ^ "Full List of Official Good Delivery Rules". lbma.org. Archived from the original on 30 March 2012. Retrieved 11 April 2012.
- ^ "Baird & Co | Gold Bars". Baird & Co. Archived from the original on 1 December 2017. Retrieved 10 May 2017.
- ^ "Investment Bars : Rectangular Gold Bar". Emirates Gold. Archived from the original on 19 May 2017. Retrieved 10 May 2017.
- ^ "Gold bars". Heraeus. Archived from the original on 19 October 2016. Retrieved 10 May 2017.
- ^ "Metalor Gold Bars". BullionByPost. Archived from the original on 23 June 2016. Retrieved 10 May 2017.
- ^ "Cast Bars". PAMP. Archived from the original on 6 June 2017. Retrieved 10 May 2017.
- ^ "Minted Ingots". PAMP. Archived from the original on 6 June 2017. Retrieved 10 May 2017.
- ^ "Perth Mint Spot Prices". Perth Mint. Archived from the original on 16 April 2017. Retrieved 10 May 2017.
- ^ "Gold Wafers | The Royal Canadian Mint". www.mint.ca. Retrieved 21 August 2019.
- ^ "The Mint's Refinery Services | The Royal Canadian Mint". www.mint.ca. Retrieved 21 August 2019.
- The Royal Mint. Archivedfrom the original on 17 June 2017. Retrieved 10 May 2017.
- ^ "Investment Bars Gold". Umicore. Archived from the original on 13 May 2017. Retrieved 10 May 2017.
- ^ "Good Delivery Gold bar". Valcambi. Archived from the original on 10 June 2017. Retrieved 10 May 2017.
- ^ "1 g Minted Gold bar". Valcambi. Archived from the original on 8 May 2017. Retrieved 10 May 2017.
- ^ "UBS Gold Bars - Suisse Gold - Precious Metals Dealers".
- ^ "Historical Exchange Rates". OANDA Services. Archived from the original on 2 February 2011. Retrieved 14 January 2010.
- ^ "Three Diamonds Cast Gold-Medal Gold Bar". The Japan Journal. November 2005. Archived from the original on 22 July 2011. Retrieved 10 March 2010.
- ^ "Mitsubishi makes record-size gold bar". Japan Times. 17 June 2005. Archived from the original on 31 May 2015. Retrieved 10 March 2010.
- ^ "Gold Spot Price". GoldHub. World Gold Council. Retrieved 18 August 2020.
External links
- Media related to Gold ingots at Wikimedia Commons