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What is a gold bar

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What is a gold bar

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A gold bar can come in many forms, sizes and weights. A gold bar is actually defined as any gold product made by a recognized bar manufacturer, regardless of shape. On the bar is recorded the name of the manufacturer, the exact weight and purity. A gold bar is sold with a premium above the value of the gold at the time of sale. The amount of this premium is dependent on the size of the gold bar. The larger the bar the less the premium in proportion. The one kilo gold bar is the most popular investment purchase with our customers. We can handle all cash transfers with no upper limits. All investments treated with confidentially. One Kilo Gold Bar 24 carat – 0.9999 Fine. Weight 1000g = 32.15 troy ounces.

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A gold bar is a gold ingot which can be bought, sold, or traded as an investment. Gold bars are also sometimes used to transport gold for manufacturing, since they are designed to be easy to handle. Gold’s status as a commodity waxes and wanes with the market, but some people feel that gold is a very solid investment, since gold always has at least some value. Like other commodities, the value of gold shifts in response to supply and demand, with very wealthy investors controlling the supply of gold by purchasing enough to influence the market. Ingots are chunks of metal of a precise weight and size which may be cast by pouring liquid metal into molds, or minted by cutting metal to size. The resulting gold bar are usually stamped with markings to indicate its weight, so that the value of the metal is clear, and many ingots also include ornamental and heraldic decorations which provide information about where the ingot was produced and when. A gold bar may be square, rectangular, round,

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Gold bars come in a variety of forms sizes and weights. The definition of a gold bar is considered to be, ‘a bar of gold made by a recognized bar manufacturer regardless of shape and size and upon which is reported the exact weight and purity of the gold as well as a registration number. All gold is measured in troy ounces and the purity is measured in karats (not to be confused with the weight measurement of carats for diamonds).

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