How much is a brick of gold weigh?
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William Thompson
Works at Amazon, Lives in Seattle, WA
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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Works at the International Labour Organization, 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.
2023-04-12 08:04:29
Harper Lee
QuesHub.com delivers expert answers and knowledge to you.
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.