Gold breaks new high
For the first time ever! The price of the gold bar reaches $1 million. Last Friday, spot gold prices exceeded $2500 per ounce, extending to a new all-time high, while gold bars typically weigh around 400 ounces, meaning the price per gold bar hit the milestone of more than $1 million. Of course there are slight differences in the data. According to the London Gold and Silver Market Association, in the global precious metals trading hub of London, gold bars typically weigh about 400 ounces of gold, but the pure gold content can also range from 350 to 430 ounces. In addition, there are smaller, lower-priced gold bars for personal purchases, such as those sold at Costco.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
