How Much Do Bars of Gold Weigh?
- Gold is highly valued for its beauty, malleability, and purity.
- Gold, a metal, is prized for its malleability, resistance to corrosion, and rarity.
- It is highly coveted for jewelry, as it does not tarnish or corrode, and for industrial applications, such as use in computers.
- Gold is widely used as a hedge against inflation.
Gold's purity makes it extremely valuable for both industrial and ornamental purposes. A troy ounce of this precious metal can be bought and sold for significantly more than an ounce of silver or platinum, which makes it desirable.
Density of Gold
Gold, in its purest form, is composed of 99.99% pure metal. About 10% of that is pure "gold atoms" (Au) and 90% is pure "gold ions" (Au3+). The rest are "gold compounds."
Gold has a density of 19.3 grams per cubic centimeter (g/cm3). That's almost the same as water and about half as dense as lead. Gold is denser than many other metals, so price per ounce isn't always a good indication of how much gold a product contains.
Gold Bullion
Gold bullion is the type of gold that is most recognizable from past years. Bars of gold come in various weights and sizes. Gold bullion is traded in troy ounces, which consists of 31.1035 grams. A troy ounce of gold bullion weighs .9145 pounds.
Gold Coins
Gold coins are minted in coin form. The most common sizes of gold coins are the 1-ounce, 1/10-ounce, 1/4-ounce, and 1/2-ounce. A 1-ounce gold coin weighs 31.103 grams, a 1/10-ounce gold coin weighs 3.1 grams, a 1/4-ounce gold coin weighs 7.7 grams, and a 1/2-ounce gold coin weighs 15.5 grams.
Gold is traded in troy ounces, which is the same as gold bullion. Gold coins are traded in grams, ounces, and troy ounces.
Gold Coins
When gold bars are being traded, their weight is quoted in Troy Ounces. One Troy Ounce is 31.1035 grams, which is equivalent to 1.09057 avoirdupois ounces.
Coins
Gold coins also have a decimal system to indicate their weight. Most gold bullion coins have a weight of 0.2354 troy ounces, and this weight is typically indicated on the coins' edge or on their labels.
Gold Bars
A 400 oz gold bar weighs approximately 32 pounds.
A 100 oz gold bar weighs about 4 pounds.
A 10 oz gold bar weighs about 1.7 pounds.
A 1 oz gold bar weighs about 1/8 of a pound.
Other Bar Sizes