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Gold Bars

   Also found in: Wikipedia 0.03 sec.
Gold bars
Bars with a minimum content of 99.5% (two nines five in trader jargon; typically traded gold is four nines pure or 99.99%) gold, which may be held by central banks or traded by investors.

Gold Bars
Bars of gold bullion that may be bought and sold for investment. Most gold bullion is at least 99.9% pure. Gold bars, like all gold bullion, are commodities that investors often use as a hedge against recession and inflation; Thus, while it is volatile like most commodities, it always maintains a relatively high value. Gold bars are measured by mass and purity rather than face value.


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Byline: Siham Al NajamiStaff Reporter Dubai Five suspects have been arrested in connection with the theft of Dh6 million worth of gold bars.
The group said the business had benefited considerably from higher gold purchasing volumes from its 56 shopping centre-based Gold Bars.
H&T Group, which has 16 outlets in Merseyside, said the business had benefited considerably from higher gold purchasing volumes from its 56 shopping centre-based Gold Bars.
 
 
 
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