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Larger gold bars that are produced by pouring the molten metal into molds are called ingots
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[edit]DescriptionJPEG image 02.jpg |
English: A gold bar, also called gold bullion or gold ingot, is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping. Larger gold bars that are produced by pouring the molten metal into molds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets. The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the 400-troy-ounce (12.4-kilogram; 438.9-ounce) Good Delivery gold bar. 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.[1] The premium on these bars when traded is very low over the spot value of the gold, making it ideal for small transfers between banks and traders. Most kilobars are flat, although some investors, particularly in Europe, prefer the brick shape.[2] |
Date | |
Source | Own work |
Author | GOLD BARS1 |
Camera location | 34° 00′ 00″ N, 66° 00′ 00″ E ![]() ![]() | View this and other nearby images on: OpenStreetMap | ![]() |
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Based upon how they are manufactured, gold bars are categorized as having been cast or minted, with both differing in their appearance and price.[1] Cast bars are created in a similar method to that of ingots
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This file is made available under the Creative Commons CC0 1.0 Universal Public Domain Dedication. |
The person who associated a work with this deed has dedicated the work to the public domain by waiving all of their rights to the work worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law. You can copy, modify, distribute and perform the work, even for commercial purposes, all without asking permission.
http://creativecommons.org/publicdomain/zero/1.0/deed.enCC0Creative Commons Zero, Public Domain Dedicationfalsefalse |
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current | 00:11, 11 March 2023 | ![]() | 188 × 180 (10 KB) | GOLD BARS1 (talk | contribs) | Uploaded own work with UploadWizard |
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