Gold is a precious metal looked upon as a source of investment by many people from around the world. One of the best things about gold – which makes it an investment option – is that it does not depreciate in value. You can get its money back several times over because as gold is becoming rarer and rarer in the world, its value is only increasing. More importantly, gold is a usable metal. It is the number one metal choice of the world for making jewelry and in some cultures, when weddings and festive occasions are to happen; people go all out on gold shopping. There is no other metal as gold for a small and secure investment option to have within the house.

This concept of gold being a precious metal has made it necessary to formulate various weighing measures for it. There are special methods used by goldsmiths and other gold professionals around the world. Since the use of gold dates quite far back in history, various civilizations formulated their own methods of gold measurement too. There were methods used by the ancient Greeks, the Aztecs, the Egyptians and the Romans, who considered gold to be a precious commodity and even used it in their trade. Gold coins have been a legacy of ancient times. Weighing methods for gold have existed since those times. Throughout history, gold bars have been known by various names such as minted brick, chi, tael, gold fillet, bullion watch, etc.

A gold bar is a solid block of pure gold. It is gold of the highest value because it has been shaped in the simplest possible way. Hence, selling a gold block can give the seller the highest amount of money. An equivalent weight of gold jewelry would be a comparative loss because the person will stand to lose the money spent on fabrication of the ornament. Today some online gold stores do give good value for gold jewelry too, such as Cash4Gold, but even so, investors in bullion prefer the rawest form of gold, which is in the form of gold bars. Cash4Gold is a gold refining company that buys any kind of gold from you, right from jewelry to solid gold bars. Their evaluation process includes stringent weight tests for the gold you are selling them.

The weight of a single gold bar can be anything from 1 kilogram (2.2 pounds) to 12.5 kilograms (27.5 pounds). The weight of the kilobar can be from 200 grams (400 ounces) to 1 kilogram (2.2 pounds). Most people like to invest their money in kilobars as they are quite convenient. The unit of measuring the weight of gold bullion bars is the troy ounce. 1 troy ounce of gold is a little over 31 grams (31.1034768 grams to be precise). Another unit used commonly is the tael, which is simply 50 grams. In India, the tola is a common unit, which is equal to 10 grams, which is approximately 0.375 troy ounces.

Here is a table of gold bar weights for your quick reference:-

1 troy ounce of gold = 31.1034768 grams = 1.09714 ounces

1 tael of gold = 50 grams = 1.76369 ounces

1 tola of gold = 10 grams = 0.352739 ounces