How much is a 1 oz bar worth?
$4,416.85
melt value of 0.9999 troy oz fine gold
Spot $4,417.29 / troy oz | swissquote | 17:34 UTC
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.
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 $4,416.85 at the current spot price of $4,417.29 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.
- 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.
- What premium should I expect to pay over melt on a 1 oz bar?
- Dealers quote a premium over the melt value to cover minting, distribution and margin. It is generally lowest on large bars and highest on small fractional coins, and it widens when demand spikes. Compare the total price against the melt figure above rather than comparing dealers on premium alone.
- How current is this valuation?
- It is calculated live from the spot price, currently $4,417.29 per troy ounce from swissquote, read at 17:34 UTC. Nothing on this page is a cached daily figure.