Gold bullion bars are typically the lowest gold buying price option when investing in physical gold bullion.
Pure gold bar.
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The large bar itself is marked as a 50 gram 9999 pure gold bar on one side with 50 individual reverse designs marking 1 gram 9999 pure gold for the individually separated bars.
Also called ingots or bullion a gold bar in the most simple terms is gold of certain purity that has been formed into the shape of a rectangular cube.
A good delivery gold bar is the standard 400 troy ounce gold bar held as gold reserves by central banks and traded among bullion dealers.
However there are a lot more terms that can be applied to better describe a gold bar.
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It is reserved for investment purposes to use in gold bullion bars and coins.
Almost all the available pure gold bars are sold in special packages that contain assay cards that confirm their authenticity mintmark weight purity and in most cases feature a unique serial number.
A common option is the 50 gram combibar which is sold as a solid 50 gram gold bar capable of being easily divided into 50 individual 1 gram bars.
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Gold bars can refer to a multitude of different things.
Fine gold has little or no impurities.
Because fine gold is so soft it is not used for everyday products such as jewelry.