Wednesday, January 15, 2014

Isa Bullion - Different Bars in Different Regions


Gold bars are made all over the world, in various countries and continents. Gold bars from different regions usually differ from eachother because many countries have different standards when it comes to manufacturing gold bars. Below is a list of types of different gold bars that exist: 

Kilogold Bar: The Kilogold bar is the most popular gold bar in the world. It is widely used by European private investors and is about 32.5 oz in weight.

Tola Bar: The Tola is a weight unit used for gold in various Asian countries like India and Pakistan. Tola Bars come in 10tola bars and 1 tola equals 3.75oz. The Tola Bar is very popular worldwide with private investors. 

London "Good Delivery" Bar: This is the most well known type of gold bar in the world, it has the standard "gold bar look" you see in the movies. It is 400oz(12,4 kilograms) in weight and is mainly used by banks. 

Tael Bar: The Tael bar is a Chinese gold bar. The name comes from the weight unit the Chinese use to measure gold; Tael. The Tael weight unit is used in China, Hong Kong, Vietnam and Taiwan. The Tael gold bar is usually manufactured in biscuit form.

Mitsubishi Bars: Mitsubishi is a Japanese company and produces rainbow gold bars since 1990 in different kind of forms and shapes. Unlike other gold bars, the Mitsubishi bars only have a 75% purity. 

Baht Bar: The Baht bar is an Thailand bar. These gold bars are weighted in the Baht weight unit that's used in Thailand. Baht bars come in 10baht form. 1 baht equals 4.9oz. 

Ornamental Gold Bars: Ornamental bars are special bars and are often produced in limited edition versions. They are sold with a higher premium because of their rarity. 

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