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General information about gold bars
Gold bars are often called also gold bricks and bullions Cast or stamped The majority of gold bars are divided into two types depending on their production methodology: cast or stamped. In the case of cast bars, the melted gold is cast in a special mould and the markings are pressed into the gold later by hand or with a press. Stamped bars are made from specially cut gold panels. Images are transferred to the panels with special stamping presses (similarly to those used on gold coins). Standards of stamped gold bars There are four accredited producers of stamped gold plates in the world, all of which are located in Switzerland. They produce 35% of all stamped gold bars in the world. · Argor-Heraeus · Metalor · Valcambi · PAMP SA Bar weights Gold bars are measured in different unit weights according to geographic location: · Gram – international · Ounce – mostly English speaking countries: USA, UK, Australia · Tola – mostly India, Pakistan, Middle East, Singapore · Tael – mostly Chinese speaking countries: Hong Kong, Taiwan, China · Baht – Thai · Chi – Vietnam · Don – Korea
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