1 Kilo Gold Bar (Random Hallmark) Key Highlights:
- 1 Kilo of pure .9999 fine Gold
- Product Type: Bar
- Mint: Hallmark Varies
- Grade: Raw
Each bar contains 1 kilo (32.15 oz) of pure (.9999 fine gold) 24 karat gold. Kilo bars are an exceptionally convenient way of storing gold bullion. A 1 kilo bar is roughly the same size as an iPhone. If you're serious about owning raw gold, there's no better way to do it. Your order will be fulfilled with hallmark based on availability.
A common question is how many ounces or grams is included in a single kilo. The answer is a 1 kilo gold bar has 32.15 ounces of gold or 1000 grams. The advantage of the 1 kilo gold bar is that you get a larger quantity of gold for a lower premium above spot price. Gold has a positive correlation with cost of living. This makes gold a hedge against inflation.
Since the beginning of civilization, gold has been a symbol power and used as a storage of wealth. While paper currencies continue to come and go, gold has withstood the test of time. It has survived the fall of the Egyptian, Roman, Greek, Spanish and English empires. Even today most nations have a gold coin in circulation. The face value of these coins is symbolic and not reflective of the value of the gold in the coin.
Here are some more interesting facts about gold:
- In 1869, the largest known gold nugget was found. It was over 2,300 Troy ounces or about 158 pounds
- Just one ounce of gold can be stretched into a wire that would extend 50 miles or be hammered into a single sheet of more than 10 square yards
- You are more likely to find a five-carat diamond than a single ounce gold nugget
- Gold retains the title of being the most malleable element
- It is Christian folklore that sailors wore gold earrings so they could afford a proper burial if their bodies washed up on the beach of a foreign country
- The visor of an astronaut has a thin layer of gold to filter the harmful radiation of the sun
- Probably the most interesting fact about gold is that it is indestructible. You can heat gold and it will turn into a liquid but it remains gold. When gold cools it would form a solid shape. Gold could be dropped in the ocean and left for years but when it returned to the surface it would still be gold.
