A gold bar, also called gold bullion or a gold ingot, is a quantity
of refined metallic gold of any shape that is made by a bar
producer meeting standard conditions of manufacture, labeling, and
record keeping. Larger gold bars that are produced by pouring the
molten metal into molds are called ingots. Smaller bars may be
manufactured by minting or stamping from appropriately rolled gold
sheets. The standard gold bar held as gold reserves by central
banks and traded among bullion dealers is the ***-troy-ounce (*2.4
kg or **8.9 ounces) Good Delivery gold bar. The kilobar, which is
***0 grams in mass (*2.*5 troy ounces), is the bar that is more
manageable and is used extensively for trading and investment. The
premium on these bars when traded is very low over the spot value
of the gold making it ideal for small transfers between banks and
traders. Most kilobars are flat, although some investors,
particularly in Europe, prefer the brick shape. Asian markets
differ in that they prefer gram gold bars as opposed to Troy ounce
measurements. Popular sizes in the Asian region includes *0 grams,
**0 grams and 1,**0 gram bars.
