What purity of gold is a BullionVault gram of gold?
BullionVault gold is 100% pure gold. We add gold quantities into our accounting records by multiplying the gross bar weight by the assayed bar purity. Both of these are measured by professional assayers, independently of BullionVault, when the bar is first manufactured. London Good Delivery Bar – stamped with purity 9976 (99.76%) The resulting 100% pure gold content of a bar is known as fine gold. Professional gold markets only trade fine gold. Each gram of gold on your BullionVault account is fine gold – i.e. 100% pure gold – forever. Gold which has been structured to be traded on a stock exchange usually has a weight discount applied, which reduces the gold backing over time. It’s something to watch out for.
