Gold bars provide a faster way to build up your gold portfolio. Institutions commonly use bullion bars for investment and trading because their more efficient size suits larger portfolios.

These bars are also referred to as ingots or bullion.  They are produced by pouring molten metal into molds, known as ingots.  Smaller bars, such as the one-ounce bar, can also be minted or stamped from sheets of gold.

• Gold bars are measured in ‘troy ounces,’ a system of weights specifically for precious metals and gems.
• A troy ounce is 31.1034768 grams or 0.0311034768 kilograms. The entire system is based on a pound being 12 ounces instead of the standard 16 ounces.
• Gold bars have a minimum purity requirement of 99.5%.
• Bars usually are stored in bullion vaults to maintain value and ensure maximum resale potential.
• Gold bars are commonly sold in the following weights: 1 gram, 5 grams, 10 grams, 20 grams, 50 grams, 1 ounce, 10 ounces and 1 kilogram.