What are Bullion Bars?
Gold bars are called gold bullion bars or ingots. Gold bars range in weight from one gram to 400 ounces or 12 kilograms.
Alison
Last Update 2 年前
Bullion refers to any form of gold whose value is based only on the quantity and quality or purity of the coin or bar. This value is specified in terms of weight — troy ounces, grams, or kilograms — and purity. To benefit from grade bullion bars, they have to have a minimum acceptable fineness of 995.0 parts of fine gold per thousand, as defined by the London Good Delivery List. The list is overseen by the London Bullion Market Association (LBMA)