What bars are traded in Europe?
European Investors more typically buy bars using the metric system (with an exception being the ever popular 1oz bar) and the most commonly traded bars are kilobars, 500g, 250g, 100g and 50g bars alongside the 1oz.
How many troy ounces are in a 1000g bullion?
In the US the most popular sizes bought and sold by investors are the 1oz and 10oz bullion bars, although the 1000g or Kilobar (32.15 troy ounces) is growing in popularity thanks to it’s low premium and international appeal especially by investors with at least some offshore presence.
What is the RCM?
Although mostly a producer of bullion coins, RCM sells 1/10oz, 1oz, 10oz, 1kg and 400oz gold bars either cast or minted in .9999 fine gold. Royal Mint. Established in 886 The Royal Mint is the oldest refinery still in existence and is a government-owned mint producing coins for the United Kingdom.
What is the size of Austrian bullion bars?
Although best known for it’s coins, Austrian Mint produces a wide range of bullion bars in metric sizes (1g, 2g, 5g, 10g, 20g, 50g, 100g, 250g, 500g and 1kg) which are either cast or minted depending on size and produced from 0.9999 fine gold. Credit Suisse.
What is the difference between minted and cast bullion bars?
While cast bars are simply molten metal poured into a mold and then struck with a makers mark and other legal details , minted bars are made in a multi-step process.
Where is the Scottsdale Mint?
Scottsdale Mint. Arizona based Scottsdale Mint is a very popular private mint, best known for their silver but increasingly selling gold with 1g, 2g, 5g, 10g, 1oz minted bars aimed at retail buyers and a 1kg cast bar for larger scale and institutional buyers – all produced in .9999 fine gold. Sunshine Minting.
Where is the Austrian Mint located?
Founded in 1194 the Austrian Mint is located in Vienna and is responsible for minting Austria’s coins. Since 1989 it has been a public limited company and a subsidiary of Austria’s central bank Oesterreichische Nationalbank. Although best known for it’s coins, Austrian Mint produces a wide range of bullion bars in metric sizes (1g, 2g, 5g, 10g, 20g, 50g, 100g, 250g, 500g and 1kg) which are either cast or minted depending on size and produced from 0.9999 fine gold.