Gold Bar Weight

That s 27 42 pounds which is about the weight of several red clay bricks.

Gold bar weight. Gold bars weights are highly variant and often are not even homogenous nor fully fungible. When people ask this question they re typically wanting to know the weight of the standard good delivery gold bar usually seen on tv or in movies. The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the 400 troy ounce 12 4 kilogram. Full troy ounce gold bars weigh approximately 31 1 grams and are one of the more cost efficient ways to gain exposure to gold.

Here we examine changing gold bar weight standards. This big bar weighs about 400 troy ounces or 27 428 pounds. By comparison it weighs about the same as a mountain bike. In other words often the largest gold bar weights are not exact and therefore cannot be traded without adequate record keeping weighing and assaying.

This is the standard gold bar that is seen in many movies and which many people think of when they think of gold bars. The smallest cast gold bar weighs 10 g and is commonly found in brazil. The troy ounce is an important measure. This is the same as 438 857 ounces or 12 441 kilograms.

438 9 ounce good delivery gold bar. These bars are usually available for lower premiums per ounce than gram sized bars and are produced with purities of 999 99 9 or 9999 99 99. Cast gold bar cast gold bars are also known as small gold bars and weigh between 400 and 500 g or less. This 400 oz gold bar is quite large weighing in at whopping 27 4 pounds with a single bar valued at roughly 500 000 u s.

The standard gold bar held as reserves at central banks weighs in at 400 troy oz 12 44 kg. The kilobar which is 1 000 grams 32 15 troy ounces in mass and a 100 troy ounce gold bar are the bars that are more manageable and are used extensively for trading and investment. The fine gold content can be anywhere between 350 430 troy ounces.