With gold at $3,000 per ounce, bars offer secure investment options. From 1-ounce to 400-ounce, the value of a gold bar ...

Because the 400-ounce bars are already “fine gold” — referring to the 99.99 per cent purity requirement for investment-grade bullion — they do not need to be further refined, just reshaped.

Because in London gold trade is conducted in large 400-ounce bars, but on the SGE, the private sector only trades in 1-kilogram bars, any gold moving directly from the U.K. to China is destined ...

The American gold rush has kept Kolvenbach very busy, thanks to a quirk in global bullion markets: the two markets use different size bars. In London, most trading is in 400-troy-ounce bars ...

The price of gold broke the $2,900 per troy ounce barrier for the first ... Track all markets on TradingView With bars of gold bullion typically weighing about 400 troy ounces, the current gold ...

not the 400 oz bars of good delivery standard today. In practice, this means Fort Knox gold would not be accepted without additional processing. But, until a proper audit takes place, this is all ...

Plus, we take a look at a weird quirk that’s upending the global gold ... bars, and for some reason this persists despite the obvious inefficiency. In London, the standard size is a 400-ounce ...

At the heart of this trade are Swiss refineries, which are working 24 hours a day to resize massive 400-ounce London gold bars into the 100-ounce bars required by U.S. financial institutions. However, ...