Gold bar

Gold bar

:"Gold brick" redirects here. For other uses, see Gold brick (disambiguation)."A gold bar is a gold ingot which may be produced in many different types, weights and categories.

Types

Gold bars are classified into two different types — cast and minted — based on their method of manufacturing ref|1. Cast bars are made by pouring molten gold into an ingot mold to help the gold to take a form. Minted bars are made from gold blanks that have been hand cut to the required dimensions from a flat piece of gold. Markings are almost always applied by presses. ChipGold is a relatively new form of gold bar consisting of a small ingot (1-20 grams) in a sealed and certified package the size of a credit card.

Weights and values

One troy ounce = 31.1034768 grams. Thus if gold were at US$850 per ounce, a gold gram would be worth just over US$27.

Note where gold is measured in ounces, these are troy ounces, not the much more common avoirdupois ounce which is used for measuring weights in food etc. An avoirdupois ounce is lighter than a troy ounce. One avoirdupois ounce = 28.349523125 grams.

* One tonne = 1000 kilograms = 32,150.746 troy ounces (value US$27,617,490 as of Oct. 10, 2008).
* One kilogram = 1000 grams = 32.15074656 troy ounces (value US$27,617.49 as of Oct. 10, 2008).
* One tael = 50 grams (value US$1,218.03 as of Oct. 15, 2007).

This is the official rate of taels in mainland China since the country went metric. In Taiwan and Hong Kong today a tael is equivalent to 37.429g. Gold is very dense (19.3 g/cm³), to the extent that ten million U.S. dollars' worth occupies less than one cubic foot.

References

The International Gold Bars Collection [http://www.gold.org/pr_archive/html/bars/Types.htm "Bar Types, Weights and Purities"] URL accessed on December 24 2005.

See also

* Precious metal
* Fort Knox Bullion Depository
* Gold as an investment
* Gold coin
* Millesimal fineness
* Official gold reserves
* Dore bar
* Bullion
* Ingot
* ChipGold

External links

* [http://www.gold.org/pr_archive/html/bars/Categ.htm Categories of gold bar]


Wikimedia Foundation. 2010.

Игры ⚽ Нужна курсовая?

Look at other dictionaries:

  • Gold Bar — Gold Bar, WA U.S. city in Washington Population (2000): 2014 Housing Units (2000): 769 Land area (2000): 1.067215 sq. miles (2.764074 sq. km) Water area (2000): 0.009653 sq. miles (0.025002 sq. km) Total area (2000): 1.076868 sq. miles (2.789076… …   StarDict's U.S. Gazetteer Places

  • Gold Bar, WA — U.S. city in Washington Population (2000): 2014 Housing Units (2000): 769 Land area (2000): 1.067215 sq. miles (2.764074 sq. km) Water area (2000): 0.009653 sq. miles (0.025002 sq. km) Total area (2000): 1.076868 sq. miles (2.789076 sq. km) FIPS… …   StarDict's U.S. Gazetteer Places

  • gold bar — UK US noun [C] (also gold brick) FINANCE ► a block of gold that can be traded on a gold market and is used by people and banks as a way of investing money: »Private individuals, worried by a turbulent economic climate, have once again started to… …   Financial and business terms

  • Gold Bar — Original name in latin Gold Bar Name in other language State code US Continent/City America/Los Angeles longitude 47.85677 latitude 121.69706 altitude 60 Population 2075 Date 2011 05 14 …   Cities with a population over 1000 database

  • Gold Bar, Edmonton — Gold Bar is a residential neighbourhood in south east Edmonton, Alberta, Canada.The neighbourhood s west boundary is 50 Street. The northern boundary follows a zig zag path running north east from 50 Street until it reaches the Gold Bar Ravine.… …   Wikipedia

  • Gold Bar (Washington) — Gold Bar Ciudad de los Estados Unidos …   Wikipedia Español

  • Gold Bar, Washington — Infobox Settlement official name = Gold Bar, Washington settlement type = City nickname = motto = imagesize = image caption = image imagesize = image caption = image mapsize = 250px map caption = Location of Gold Bar, Washington mapsize1 = map… …   Wikipedia

  • Gold Bar Recruiter — A Gold Bar Recruiter (GBR) is a newly commissioned second lieutenant who has been ordered to active duty on Permissive Temprorary Duty Orders (PTDY) to assist the Professor of Military Science and the Recruiting Operations Officer (ROO) with… …   Wikipedia

  • gold bar — noun : a bar of gold; specifically : assay bar …   Useful english dictionary

  • Edmonton Gold Bar — Infobox Canada electoral district name =Edmonton Gold Bar province =Alberta caption =2004 boundaries prov rep =Hugh MacDonald prov rep link =Hugh MacDonald (politician) prov rep party =Liberal prov rep party link =Alberta Liberal Party prov… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”