1 Oz Gold Bar Size Comparison

Johnson matthey 999 gold bar.

1 oz gold bar size comparison. One factor to consider when purchasing gold bars is the premium added to the price of spot gold. 50mm x 28mm x 1 5mm. Perth mint 999 gold bar. Buy 1 oz gold bars online.

A 1oz bar is not too high a value. The 1 oz gold bar sits right in the middle of both the weight and price spectrum. 14 58 troy ounces oz t in gold is equal to one pound. Even though 1 oz gold bars are among the smallest bullion bars in the industry their size can be deceiving due to the massive value they carry.

Right now gold is around 1600 oz so a one ounce bar would be worth 1600. Full ounce gold bar sizes and pricing. The royal mint perth mint royal canadian mint johnson matthey pamp suisse credit suisse swiss bank metalor heraeus valcambi ubs baird mint and umicore. Perth mint 999 gold bar.

These stunning fine gold bars are manufactured by a variety of global mints and refineries including. 41mm x 24mm x 1 86mm. The 1 troy oz gold bar is the most common size traded around the world. Gold bars weights are highly variant and often are not even homogenous nor fully fungible.

As an example one gram is currently 63 69 but a. Perth mint 999 gold bar. We carry 1 oz gold bars produced by a number of different companies and even though these bars often have the same purity their prices can be quite different. So if buying a number of ounces of gold you can sell them later in tranches.

58mm x 37mm x 9 5mm. The 1 oz gold bar contains 1 ounce of 999 9 24 karat fine gold bullion. It depends on the size of the bar and on the current price of gold. Popular mints for gold bars of all sizes include pamp suisse the perth mint and the royal canadian mint.

A less common full ounce sized bar is the 10 oz variation. These are minted by a more limited amount of manufacturers though they are often slightly cheaper than the 1 oz gold bar. Here we examine changing gold bar weight standards. By far the most common size gold bar we sell is the 1 oz gold bar.

Bars that are smaller in size such as 1 to 5 gram bars will usually include a higher premium than a 5 or 10 troy ounce bar. Even countries that use the metric system still produce bars and coins in the 1 troy oz size since it is so popular. Most likely because the 1 ounce gold bar is the best combination of lower premium above spot price and resale ability. 25 8mm x 15 6mm x 1 5mm.