12.5KG Gold Bar | 400oz Good Delivery Bar - From $818,283.
12.5KG Gold Bar | 400oz Good Delivery Bar - From £656,778.
A standard gold bar weighs 12.4 kilograms (which is 400 troy ounces, or 27.4 pounds).
The purchase price of a 1 Kilo Gold Bullion Bar is at the Monex Ask price. In addition, there are charges such as commission and shipping. There is no shipping charge if you choose to have your gold bullion bar delivered and store in a depository. Today's ask price per 1 Kilo Gold Bullion bar is: 63928.42.
400 troy ounce bars – If you opt for what's also a 12.4 kg bar of gold, expect it to be 10.7 inches in length with a width of 3.72 inches.
Each 400 oz gold bar has the following: 12.5 kilos (or 400 ounces) of pure, 24-carat gold.
Standard bar weight units
One avoirdupois ounce equals 28.349523125 grams. The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 ozt (12.4 kg; 438.9 oz) nominal weight.
12K Gold Jewelry
Price: 12K pure gold necklace chains range from $300-$800. 12K gold rings and bands average around $300.00. How to wear it: 12K gold is popularly used in gold-filled or gold-plated jewelry.
Gold is considered a hedge against inflation
Gold and other precious metals have long been considered a smart way to fight inflation. That's because it tends to hold its value and preserve your purchasing power over the long haul, despite fluctuations in the dollar.
Gold is often considered a good investment for diversification, as it may be less correlated with other assets such as stocks or bonds. This means that the price of gold may be less affected by movements in other asset classes, which can help to reduce overall portfolio risk.
Because it is pure gold, and not mixed with other alloys, the value of 24k gold is higher than gold alloys with lower karats.
Buy 1 Kilo Gold Bullion Bar
1Kg gold bars are investment-grade gold bullion bars weighing exactly 1 kilo or kilogram (1 kg), 1,000 grams or 32.1507 troy ounces. Gold bars 1 kilo have a fineness or gold content of between 0.995% and 0.9999%.
Your Emirates 1 Tola (11.66 grams) gold bar will be sealed within the manufacturer's original attractive and tamper-proof certicard packaging which will protect your purchase and provide additional verification of the product's authenticity for a future sale.
In summary, gold bars are generally pure gold, with at least 99.9% purity. They can be made through casting or minting, with cast bars generally being cheaper and having unique imperfections, while minted bars have smooth, even surfaces and traditionally higher premiums.
What is the size of a 1 kg gold bar ? The gold bar of one kilo is very small, due to the high density of gold. The size and dimensions of the new Royal Mint 1 kilo gold bar are : 11.8 cm long, 5.3 cm wide and 0.8 cm thick. This corresponds approximately to the size of an iPhone 5 !
In general, though, financial experts often recommend putting between 5 and 20% of your portfolio into gold or other precious metals, though some suggest an even greater allocation.