How much is a 1 oz bar worth?
Specification
| Gross weight | 31.10348 g |
|---|---|
| Fineness | 999.9 (99.99%) |
| Fine gold content | 31.1 g |
| Fine gold, troy oz | 0.9999 |
About this bar
The benchmark bar and the one to price everything else against. A one-ounce bar almost always carries a lower premium than a one-ounce coin, because there is no mint, no legal tender status and no design to pay for.
The card is part of the product
A modern one-ounce bar from PAMP, Valcambi, the Royal Canadian Mint or Perth arrives sealed in a tamper-evident assay card: serial number, fineness, assayer's mark, often a hologram or the famous Lady Fortuna relief. That card is not packaging. It is the bar's passport, and the single most expensive mistake with this product is opening it. A bar in its sealed card sells in one look; a loose bar invites testing, discounting, and the polite question of where exactly it came from.
Why choose the bar over the coin
Price. Bars carry no face value, no legal-tender engineering and usually a premium one to three percentage points below a comparable coin, which is real money at four-figure spot. The trade-off is on the exit: bars are the form counterfeiters target most, so buyback counters scrutinise them harder than they scrutinise Eagles, and unknown-refiner bars can be quoted under melt pending a test. Stick to the major names, keep the card sealed, keep the receipt, and the discount you captured on the way in survives the way out.
How this size compares
| Fine gold | 31.1 g |
|---|---|
| In troy ounces | 0.9999 ozt |
| In pennyweights | 20 dwt |
| Equal to | 4.25 gold sovereigns |
| Bars per kilo | 32.15 of these make one kilo of gold |
Questions people ask
- How much is a 1 oz bar worth today?
- Its gold content is worth $4,124.98 at the current spot price of $4,125.39 per troy ounce. That is the melt value - it contains 0.9999 troy ounces of fine gold. A dealer will pay under this figure when buying and charge over it when selling. A one-ounce bar is the cheapest mainstream route to an ounce, provided its card stays sealed.
- How much does a 1 oz bar weigh?
- 31.10348 grams gross at 999.9 fineness, which is 31.1 grams of actual gold. The gross weight is what your scale reads; the fine weight is what it is worth.
- Should I ever open the assay card?
- No. The sealed card is the fastest authentication a private seller can offer, and bars out of card routinely get quoted a little under sealed ones to cover verification. There is no upside to opening it - the gold is visible through the window.
- Minted bar or cast bar at this size?
- At one ounce nearly everything sold is minted - stamped from rolled blanks, mirror-finished, carded. Cast ounce bars exist (poured, matte, slightly irregular) and are fine gold, but they lack the sealed card, so they trade closer to the scrutiny of loose bars. For resale ease, minted-and-carded wins at this size.
- How current is this valuation?
- It is calculated live from the spot price, currently $4,125.39 per troy ounce from swissquote, read at 18:45 UTC. Nothing on this page is a cached daily figure.