Gold Dealers value the gold bar on the prevailing market price of gold at a particular point of time. Prices always vary as dealers cost and profit with some tax if applicable are added up to the manufacturing cost.



On larger and heavier gold bars, Gold Dealers add fewer premiums on an ounce or kilogram of gold as the higher the price, the premium goes down. Most common gold bars weigh about 400 troy ounces which should not be confused with the food grade weight.

Gold bar has a volume of around 39 cubic inches and the heightened density of gold makes it look something like a brick.

Gold Dealers measures the weight of gold bars in troy ounces, the purity is determined by carats different form they way diamonds weights are calculated. Over the years inflation has taken its toll, currencies have gone down in value leading to the upward prices for gold and gold bars.

Gold retains its value even when the value of currency will fluctuate. An ounce of gold would get similar goods and services got fifty or sixty years ago. Value of an ounce has not changed but gold was much cheaper in earlier times...

So whenever Gold Dealers discuss gold prices are discussed the value of gold at a particular time automatically comes to mind. Purchasing power for gold has not changed much in the last 200 years with a few exceptional high seasons of big buying. Only the value of dollar has changed over the years and went down with a rising inflation.

Smaller gold bars cost 2% to 4% more than the price of gold or the value of gold content.

Gold bar ensures diversification of investment, protection of wealth and purchasing power.

Value of a gold bar can be easily calculated after taking into account the purity and fineness and weight on counter scale to the nearest ounce. Where gold forms most of the value but just short of half the weight, they are known as 'dore' bars and they come stamped with value of gold and the other metal.

Those who participate in the professional gold bullion market like gold dealers, refiners, bullion banks, big investment organizations and government agencies have access to the best prices in value and money available in newspapers and online.