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Gold Bar

Written By Unknown on Tuesday, 4 December 2012 | 01:57

There are 1 gram gold bars available today in the market which is identified as a novelty gift.Let us first talk about the basic information about what are gold bars, there types, and its standard weight. What is a gold bar?These are refined metallic gold that comes in any shape made by a bar producer which in turn follows the standard conditions such as manufacture, labeling,and record keeping. Larger bars are called ingots which are produced by pouring the molten metal into a mold while the smaller bars are made by stamping rolled gold sheets.Gold reserves that are kept in Central Banks are standard gold bars and traded by a bullion dealer weighing about 12.4 kilograms or 438.9 ounces.A kilo bar consisting of 1000 grams is the extensively used in trading and investment and are mostly shaped flat although there are some investors who prefers the brick shape.These are refined metallic gold that comes in any shape made by a bar producer which in turn follows the standard conditions such as manufacture, labeling, and record keeping. Larger bars are called ingots which are produced by pouring the molten metal into a mold while the smaller bars are made by stamping rolled gold sheets.Gold reserves that are kept in Central Banks are standard gold bars and traded by a bullion dealer weighing about 12.4 kilograms or 438.9 ounces.A kilo bar consisting of 1000 grams is the extensively used in trading and investment and are mostly shaped flat although there are some investors who prefers the brick shape.



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