What sizes do gold bars come in?
Gold bars, like other precious metal bars, are typically measured in units of weight as opposed to their linear or physical dimensions. Precious metal bars are “assayed” or evaluated by professionals to determine their exact weight, and this value is generally stamped on the obverse or front of the bar itself. Although the metric system is commonly used to identify denominations for gold bullion bars traded throughout the world, the Troy ounce is a widely recognized standard unit of measurement. One Troy ounce is equal to approximately 1.1 ounces. Standard denominations for retail gold bullion bars are 1.5 and 10 Troy ounces. Smaller gold bars (weighing less than 1 Troy ounce) are often measured in grams.
