You know the gold bar weight of your bar? Here: gold bar price and value!
Gold bars vary in their shape, weight and gold content. This is often determined by the country where they are manufactured. The gold that is used in the bars is refined and the standards of production and labelling have to be maintained. The gold bar weight of bars traded by banks and bullion dealers like Royal Gold Buyers is 400 ounces. The gold bar weight of kilobars is 1000 grams and this is used by smaller dealers and individual investors. If you have such kilobars that you would like to sell, you should come to us, Royal Gold Buyers.
The cast gold bar weight varies from kilos, grammes, twenty ounce bars and even smaller ones like the ten grams bar produced in Brazil. The gold bar price is obviously dependent on the price of gold in the current market. But the actual gold bar price that you would have to pay on the spot includes the price of gold, the cost of manufacturing the bar and also the profit margin of the dealer.
At Royal Gold Buyers, we endeavour to ensure that you get a price that is the most competitive. The gold bar price further takes into account the charges of shipping, insurance and sometimes even taxes that have to be paid in some countries. The gold bar price is lessened when the bars are larger. The gold bar value for a larger bar becomes more economic because you can purchase more pure gold content in a single bar. The premium per ounce of a gold bar is reduced in large gold bars thus bringing down the gold bar price.
Gold bar weight and the current value
| gold bar weight | fineness | gold bar value* |
|---|---|---|
| 1 gram |
999/1000 | £ 30.725 |
| 2 grams |
999/1000 | £ 61.450 |
| 2.5 grams |
999/1000 | £ 76.813 |
| 5 grams |
999/1000 | £ 153.625 |
| 10 grams | 999/1000 | £ 307.250 |
| 1 tola = 180 grains = 11.66 grams | 999/1000 | £ 358.254 |
| 1 oz = 31.10 grams | 999/1000 | £ 955.548 |
| 50 grams | 999/1000 | £ 1,536.250 |
| 5 tolas = 58.30 grams | 999/1000 | £ 1,791.268 |
| 100 grams | 999/1000 | £ 3,072.500 |
| 10 tolas = 116.60 grams | 999/1000 | £ 3,582.535 |
| 250 grams | 999/1000 | £ 7,681.250 |
| 500 grams | 999/1000 | £ 15,362.500 |
| 1.000 grams | 999/1000 | £ 30,725.000 |
| 400 oz = 12.440 grams | 999/1000 | £ 382,219.000 |
* our purchase price
If you have gold bars that you want to sell, you can contact Royal gold buyers. We give you the optimum gold bar value by calculating the exact purity level of your gold bars. Since we have been in this business for years, you can completely trust us to extract a good gold bar value. Selling gold bars to our company is so easy.
gold bar price & weight & value