400 Oz Gold Bar
All the 400 oz gold bars we offer are crafted in fine 9999 gold bullion bar.
400 oz gold bar. The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the 400 troy ounce 12 4 kilogram. As such the 400 oz gold bar will weigh 398 troy ounces of pure gold. This is in part because government mints charge more than private refiners for producing the coins. 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.
It weights about 400 ounces or 25 pounds. 438 9 ounce good delivery gold bar. The larger unit size also helps. The gold price premium is defined as a percentage adjustment that is added or deducted from the gold spot price value of the gold bar.
The gold price premium. Each bar is imprinted with a unique serial number and the rmr logo. 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. A 400 oz gold bar has minimum 0 995 parts of pure gold.
A standard gold bar measures 7 x 3 5 8 x 1 3 4 inches according to the united states mint. The largest commonly available gold bar for individual investors is the 1 kilo bar. Here we examine changing gold bar weight standards. 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.
Gold bars come with a lower premium than gold bullion coins. Gold bars weights are highly variant and often are not even homogenous nor fully fungible. 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.
Call us at 1 888 319 8166 for available hallmarks and current pricing of 400 oz gold bars. The cost of manufacturing a 10 oz bar is nowhere near 10 times the cost of producing the equivalent weight in 1 oz bars. The 400 oz gold bar also known as a good delivery bar is the single largest physical gold investment you can make today.