That is, you will get more ounces of gold for the same amount of money. That's why companies such as large institutional investors, central banks and exchange-traded funds trade in 400-ounce ingots. Bars denominated in ounces and fractional ounces are the most common in North America and around the world. The most common sized gold ingot available worldwide is the 1-ounce gold ingot.
For those looking for the best 401k Gold IRA Rollover option, this is an ideal choice. This is equivalent to approximately 31,105 grams of gold. Fractional ounce gold bars are rare, but are available. However, the most popular sized gold bars are 1-ounce gold bars followed by 10-ounce gold bars. Most European precious metals refineries that produce gold ingots in gram denominations will also release 1-ounce gold ingots.
These include Argor Heraeus and Valambi. Investors in precious metals, especially those who have just invested in physical ingots, often wonder which gold ingot is the best size to invest in.