I want to buy a unit of gold, how large/heavy is it?

Question

I want to buy a unit of gold (the type that's at $926.00 per right now) but I want it shipped to me. I think I'm looking for the .995 type. How large is this gold bar? How heavy is it?

Answer 1

a full sized gold bar weighs about 27 pounds (400 troy ounces) and would cost you about $350,000 or more at current prices

Answer 2

thats per ounce.

Answer 3

dear sir

we have the antique silver gold platinum 9999 32 ounces troy 24 k 1 kg.so we want to sell this item.if you want to buy this item you can come to our place at indonesia at :

ds.pasucen rt 7 rw 3 trangkil pati jawa tengah indonesia

or you can contact us at :

email : [e-mail]

mobile : [phone]

we open the prize 300000 us dollar.if you really want to buy this item we wait the contact from you.

thanks for responding.

                                                                            indonesia

                                                                             dr.susilo

Answer 4

Wouldn't it be cheaper and safer to buy the ETF "GLD"?

Answer 5

It is a troy ounce.  Think of a big fingernail for this.

Bars (ingots) are usually 10 oz or more.

Personally I would buy silver before gold.  You get more for your money (17 bucks an ounce) and most silver gets burned up for industrial uses, where gold does not.

Everyone is hot for gold right now, that should make you think twice before going after it.

Answer 6

It weighs one ounce and is about the size of a quarter.  Gold bars are huge and cost hundreds of thousands of dollars.

Answer 7

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