How Many Types of Gold Bars Are Available Globally?
There are many approved manufacturers of cast and mint bullion bars. They stamp them with their markings. These markings tend to demonstrate the purity, weight and the serial number of the gold bars. These manufacturers tend to produce many types of ingot bars that you may get hold of all across the globe. They serve many different functions in the global bullion market. The LGD Bars are generally known as London Good Delivery Bars. These are large bullion bars and are traded all across the globe on an international level by traders, dealers, central banks, investors and financial institutions. The second name that they have is 400-ounce bars since they have a gold content that varies between 350 and 430 ounces of refined bullion. The minimum purity level that these bullion bars inculcate can be estimated as 99.5 percent. The LGD gold bars were initially traded in 1919 on the London Gold Market. Then, the Kilogold Bars that are available in Europe tend to be the most favoured ones by p
