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What size gold bar is best for calculating live gold prices?

However, the one-ounce gold bar is the most popular size for calculating live gold prices. Note that an ounce of gold doesn’t typically equal the same weight as an ounce of most other things. For example, an ounce of gold likely wouldn’t weigh the same as an ounce of meat at the grocery store.

What is the size of the largest gold bar?

The largest gold bars are used at the institutional level. 100 oz gold bars are used to settle COMEX gold futures contracts in New York, while 400 troy oz Good Delivery bars trade in London.

Can you buy gold bars at a bank?

Yes, you might be able to buy gold bars at certain U.S. banks. However, not all banks provide this service, so contacting the bank first is important. If your bank offers gold bars, you must typically provide your government-issued ID to complete the purchase.

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