How many ounces of gold are in a standard gold bar?

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Standard Gold Bar Sizes

Gold Bars come in a variety of sizes - all of which have been standardized over the centuries. Modern gold bars are stamped with a purity (usually .999 or .9999 fine or pure) along with the weight of the bar and the manufacturer or mint that produced the bar.
Standard Gold Bars come in the following sizes:

• 1 gm Gold Bars
• 1 oz Gold Bars
• 10 oz Gold Bars
• 1 Kilo (32.15 oz) Gold Bars

Gold Bars are priced based on a "spot price" per ounce of gold (which can be easily located on various stock or commodity exchanges around the world) plus any premium cost for the various sizes of bars you purchase. This premium is based heavily on availability of supply and demand for specific bar sizes, manufacturers and/or other factors.
Gold is fairly expensive for it's weight, which is one of the reasons people like to own gold as an investment. It is a very compact "store of wealth", meaning you could literally have well over $100,000 in small gold bars that would take up less space than a small shoe box and can easily be stored in a small home safe.
In times of financial (like we are seeing now in late 2008) or societal (like war zones or destabilized governments) turbulence, people often turn to gold to store their wealth for the following very good reasons:

• Gold is very compact - taking up very little space for the value of money
• Gold is easy to store - it doesn't rust, decay or dissolve
• Gold can easily be traded - gold has long been used as currency, being traded for other goods or services
• Gold is independent - it can be transferred into any other currency in the world
• Gold maintains a steady value - the price of gold may change but this is more a reflection of the inflation or deflation of a given currency. Gold maintains a very stable value - where modern paper currencies fluctuate greatly and can become worthless very quickly (See Argentina Hyper-Inflation of 1980-2000)
• Gold is not traceable - it doesn't have micro chips, serial numbers that are tracked, etc
• Gold is not taxed - while you may pay sales tax to purchase it, it is not taxed as property (like your home or real estate)
• Gold has no inheritance tax either - because it is untraceable and is a simple possession

You can purchase gold bars online at reputable dealers like APMEX (http://www.APMEX.com) to gain the advantage of gold as an investment and protection against inflation and troubled times. You can also purchase gold on online auction sites like EBAY, however, great caution should be used to avoid being defrauded. With the high prices of gold and other precious metals, it is better to make your purchases from trustworthy companies with excellent reputations.

First answer by Dmccarty. Last edit by Tina233. Contributor trust: 1 [recommend contributorrecommended]. Question popularity: 9 [recommend question].