At least 55 different categories for gold bullion
bars trade globally, according to research conducted by Grendon
International Research in Australia.
The most common bars encountered are the London Good Delivery
400-ounce bar and the COMEX Good Delivery 100-ounce bar, both of which
are at least 99.5 percent pure gold.
The LGD bar, according to Grendon International Research, is the
standard bar used in transactions on the London Bullion Market. The weight is not stamped
on each bar and the weight can vary between 350 and 430 troy ounces.
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The CGD bar is the standard bar used in transactions on the COMEX
Division of the New York Stock Exchange. The weight of each varies
between 95 and 105 troy ounces.
Another bar that seems to be generating considerable worldwide
interest, according to metals market analysts, is the doré bar.
A doré bar a semi-pure alloy of gold and silver, usually created at
the site of a mine. It is then transported to a refinery for further
purification. The proportions of silver and gold can vary widely, but
is usually at least .800 fine gold. Doré bars weigh as much as 25 kilograms.
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