400 Ounce Gold Bar Size

A troy ounce is the industry standard for weighing and pricing precious metals based on the ancient unit of weight developed by the romans.

400 ounce gold bar size.

A standard gold bar measures 7 x 3 5 8 x 1 3 4 inches according to the united states mint. Gold bar sizes gold bars are sold in a range of sizes from 1 gram to 1 kilogram. Bars larger than 1 kilogram including 100 ounce and 400 ounce gold bars are also made however these are typically reserved only for institutional investors banks and funds. First it should be mentioned that gold bars are also sold in different denominations.

London good delivery gold bars c. These gold bars are held and traded internationally by central banks and bullion dealers and are not typically sold to the general public. Here we examine changing gold bar weight standards. This 400 oz gold bar is quite large weighing in at whopping 27 4 pounds with a single bar valued at roughly 500 000 u s.

400 oz have a fineness or gold content of at least 995 0 parts per thousand fine gold. While still far shy of the 400 troy oz good delivery bar that is traded on the commodities exchange the kilo bar is quite hefty and feels amazing in your hand. The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the 400 troy ounce 12 4 kilogram. 55 85 mm 2 2 3 3 inches.

It weights about 400 ounces or 25 pounds. Gold bars weights are highly variant and often are not even homogenous nor fully fungible. Since they are manufactured by a variety of refineries and government mints the look and feel of a 400 oz bar can vary but the recommended dimensions are. Buy 400 oz gold bars.

It is quite common for central banks and high net worth investors to buy 400 oz gold bars as a great way to own physical gold bullion at a low premium or price per ounce compared to the fluctuating gold spot price. The internationally accredited standard dictates it must weigh between 350 and 430 ounces. In other words often the largest gold bar weights are not exact and therefore cannot be traded without adequate record keeping weighing and assaying. All rmr gold bars are vat free for non vat registered private individuals.

438 9 ounce good delivery gold bar. The 400 ounce gold bar from the royal mint refinery contains 400 troy ounces of 999 9 gold and is the largest gold bar available in the rmr range. A troy ounce is 1 09714 standard ounces. That means 400 troy oz gold bars weigh around 27 pounds or 12 4 kilograms each about the same weight as a dumbbell.

400 oz are normally rectangular in shape and are produced as cast bars. Updated april 24 2017. 210 290 mm 8 3 11 4 inches width top.