What We Sell
Gold Bullion bar is one of the ways used since time immemorial to store gold. They must not be confused with the Doré lingots.
Its manufacture consists of melting the metal and pouring it into a mould (casting), usually in the form of a truncated pyramid with a rectangular base, thus facilitating its storage. Ingots used as a gold reserve by some central banks and other large operators have a weight of 400 troy ounces (12.4 kg), with a minimum purity of 99.5% (although pure gold is almost always used at 99.99%), and are part of The Good Delivery standard.1 this standard of the London Bullion Market Association allows ingots of between 350 and 430 ounces of weight, but those of 400 ounces are the most widely used internationally, such as those stored at Fort Knox.2 at the average price of approximately 2016-2018 of about 1,250 dollars / ozt or 1,100 euros / ozt, its value is around $ 500,000 or € 440,000. An ingot similar to those of the standard Good Delivery but which does not meet any of its specifications must be marked with the “NGD” (non-Good-Delivery.)