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How much is a brick of gold weigh?
Questioner：Madison Turner 2023-04-07 08:04:29
The most authoritative answer in 2024
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Lucas Allen——Works at the International Monetary Fund, Lives in Washington, D.C., USA.
As a subject matter expert in precious metals and their trade, I can provide you with information on the weight of a gold brick. A standard gold brick, often referred to as a "400 oz Good Delivery" bar, weighs approximately 12.4 kilograms (kg) or 400 troy ounces. However, gold bars come in various sizes, and a brick is not a standard unit of measurement for gold. The term "brick" is often used colloquially to describe a large, solid piece of gold.
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Oliver Smith——Works at the International Organization for Migration, Lives in Geneva, Switzerland.
The standard gold bar held and traded internationally by central banks and bullion dealers is the Good Delivery bar with a 400 oz (troy-ounce) (12.4 kg or 438.9 ounces) nominal weight. However, its precise gold content is permitted to vary between 350 oz and 430 oz. The minimum purity required is 99.5% gold.read more >>+119962023-04-07 08:04:29
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