Ranging from 1 troy ounce to even 32 troy ounces gold bars are available in various sizes.
Gold coins bullions.
The common perception is that rectangular bits of gold bars are the most cost effective and perhaps the only available form of gold bullion.
A flat bar struck using 999 usually pure gold is known as a gold bullion bar.
It is common for gold bullion coins to have a face value issued by their sovereign country.
This is the case for numerous reasons one being that gold coins not only contain the intrinsic value of gold but also carry the value of its weight and gold purity which both are backed by central banks throughout the world.
Basically this is a misunderstanding of what gold bullion is.
Finally gold bullion coins are often available in weights beyond simply 1 oz gold.
The same thinking has it that round bits of gold coins are not really gold bullion.
Gold bullion coin mints.
Gold coins can be struck with a variety of purity levels from the 9167 fineness of the gold eagle to the 9999 fine gold maple and some coins even have the 99999 fine gold designation.
The american gold eagle features fractional weights of 1 2 1 4 and 1 10 oz while the chinese gold panda is offered in 1 gram 3 gram 8 gram and 15 gram weights in addition to its standard 30 gram coins.
Each gold eagle features 22 karat gold for both bullion proof and burnished coins.
Gold bullion bars.
The bullion and proof coins include 1 oz 1 2 oz 1 4 oz and 1 10 oz coins while the burnished coin has just a 1 oz.
Bars rounds coins.