1 Oz Gold Bar Dimensions

4 1 2 x 2 x 3 8 or 117mm x 53mm x 8 7mm.

1 oz gold bar dimensions.

The london bullion market lbma defines london good delivery the international standard for a gold bar by weight. The dimensions of a one kilo gold rectangular bar are. Here in america we normally convert weights using pounds. Here we examine changing gold bar weight standards.

In other words often the largest gold bar weights are not exact and therefore cannot be traded without adequate record keeping weighing and assaying. One factor to consider when purchasing gold bars is the premium added to the price of spot gold. Popular mints for gold bars of all sizes include pamp suisse the perth mint and the royal canadian mint. Size is less important but the market recommends dimensions of about 10 by 3 1 5 inches for the top surface 9 3 10 x 2 1 5 inches for the bottom surface and 1 1 2 inches in thickness.

The 1 troy oz gold bar is the most common size traded around the world. Bars that are smaller in size such as 1 to 5 gram bars will usually include a higher premium than a 5 or 10 troy ounce bar. 1 oz gold bar dimensions friday 11 september 2020. 14 58 troy ounces oz t in gold is equal to one pound.