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corrected for gold bar

Gold bars are produced in many different types, weights and categories.

Contents

  • 1 Types
  • 2 Value
  • 3 References
  • 4 See also
  • 5 External links

Types

Gold bars are classified into two different classes — cast and minted — based on their method of manufacturing [1]. Cast bars are made by pouring molten gold into an ingot to help the gold to take a form. Minted bars are made from gold blanks that have been hand cut to the required dimensions from a flat piece of gold. Markings are almost always applied by presses.

Value

The current value of gold places a price of approximately $225,000 on a 12.5 kg (400 troy ounces) London Good Delivery bar of gold. As of January 2006, gold has been trading at a value of close to $570 per troy ounce.

References

^ The International Gold Bars Collection "Bar Types, Weights and Purities" URL accessed on December 24, 2005.

See also

  • Bullion
  • Gold
  • Gold as an investment
  • Gold coin
  • Millesimal fineness
  • Official gold reserves

External links

  • Categories of gold bar
  • London Good Delivery
  • Gold bar live prices
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