A gold bar is a piece of high-quality, pure gold that comes in a variety of sizes. Gold bars may also be referred to as bullion. Gold bars can be as small as one gram or 400 troy ounces.

Gold bullion is gold in its purest physical form fashioned into bars, coins, rounds or ingots. It is typically 99.5% to 99.99% pure. So, its value is mainly determined by the current market price ...

Gold bullion coins: ... has a purity of 99.99 percent and is legal tender with a face value that varies based on the size of the coin. 7. British Gold Britannica.

Gold coins and gold bars both meet high purity standards but differ in size. Bars usually start around 1 ounce but go up to 1 kilogram (around 32 ounces) or larger.

Gold bullion ranges in size from quarter-oz. wafer to a 430-oz. brick, bars. Ingots are stamped with purity, origin, weight, and where the bullion was minted.

The gold bullion market is set to witness a sharp surge over the next few years, increasing from its current value to a staggering size of $142.07 billion by 2029.

Costco was selling one ounce bullion bars on Sept. 28 for a 1.6% premium to spot gold’s price — below what precious metals retailers charge. Add a potential 4% in rewards, and Costco members ...