A guide to 400 oz gold bars, how to buy, where to store, and what to consider when buying.
The 400 oz gold bar is the largest commercially produced gold bar in the world. 400 oz gold bars are the bars that central banks hold, and they are used in transactions on the London Bullion Market.
While the 400 oz gold bars are associated with gold stored by central banks, they can be bought by individual investors.
About the 400 oz gold bar
400 troy oz gold content
400 oz gold bar dimensions
Where to buy 400 oz gold bars
Buy gold bars at BullionStar
Buy gold to convert into gold bars at BullionVault
Where to store 400 oz gold bars
Store gold at BFI Bullion
400 oz gold bar price
The million-dollar gold bar
Where to see a 400 oz gold bar
About the 400 oz gold bar
1 troy oz is equivalent to 31.1035 grams, and 400 troy oz is equivalent to 12.441 kg.
400 troy oz gold content
Despite this precise definition, there are some variations in bar weights. London Good Delivery gold bars are cast according to the standards set by the London Bullion Market Association (LBMA).
The London 400 oz bars are also referred to as 12.5 kg bars, and the fine gold content can range between 350 and 430 troy ounces with a minimum gold purity of 99.5%.
Bar manufacturers specify the weight and gold purity, with 99.99% being the standard.
400 oz gold bar dimensions
There are variations in god bar dimension between the manufacturers.
A 400 oz gold bar from Heraeus Hong Kong has the dimensions of: 252 mm x 84 mm x 38 mm.
A 400 oz gold bar from the Royal Mint has the dimensions of 272 mm x 94.5 mm x 51.5 mm.
Most manufacturers quote the dimensions in millimetres, even though the gold world still uses the troy ounce as the pricing standard. US gold dealers will quote the dimensions in inches.
Where to buy 400 oz gold bars
400 oz gold bars are the largest gold bar you can buy. Anything larger than that would be a custom-cast bar that would be impractical for trading and investment.
Buy gold bars at BullionStar
BullionStar is a gold bullion dealer based in Singapore, offering a complete offshore bullion solution. BullionStar ship to most countries worldwide.
Vault storage is available in Singapore, the United States, and New Zealand.
Buy 400 oz gold bars at BullionStar.
Buy gold to convert into gold bars at BullionVault
You can own 400 oz worth of gold by storing gold at BullionVault. All gold bought through BullionVault is part of a good delivery bar. BullionVault is the cheapest way to store gold, and the easiest way to buy gold in increments.
One of the defining features of BullionVault is that you can sell any amount of gold, so you don’t need to sell an entires coin or bar. The proceeds of the trade are deposited into your BullionVault account, which can then be withdrawn back to your bank account.
BullionVault also allow physical gold withdrawals, including standard 400 oz gold bars. The cost for withdrawing gold as a 400 oz bars is 2.5% plus insured shipping.
Open an account at BullionVault.
Where to store 400 oz gold bars
The 400 oz gold bar is the most cost-efficient way to hold large quantities of gold, but privately storing large gold bars comes with risks and inconveniences.
The main risk is not having a place to securely store your gold bar.
The main inconvenience is that once a 400 oz gold bar leaves an accredited gold dealer, the bar loses its “good delivery” status. If you were to sell the gold bar to a gold dealer, the bar needs to be re-accredited.
Store gold at BFI Bullion
BFI Bullion offer storage in high-security, professional-market vaults in Switzerland, and other international locations of your choice. All storage locations come with full insurance coverage and regular auditing.
In addition to their Zurich storage, BFI Bullion offer storage in:
– London
– New York
– Miami
– Toronto
– Hong Kong
– Singapore
Gold holdings at BFI Bullion are 100% physically allocated. Your gold is at your full disposal at all times. You can have BFI Bullion deliver your gold to you, and without delay. Or, you can visit and pick your gold up personally.
Contact BFI Bullion about gold storage.
400 oz gold bar price
The value of a 400 oz gold bar can be calculated by the current gold price in ounces multiplied by 400.
1 oz gold price x 400 = value of 400 oz gold bar
The actual price of the gold bar will depend on the seller, but expect up to 1% on top of the current market rate.
If you want to work out the percentage difference you can use a percentage calculator and use this formula”
The million-dollar gold bar
The gold price crossed a historical landmark in 2024 when the price reached $2,500 USD for the first time.
This milestone also meant that 400 oz gold bars are worth a million dollars for the first time.
Where to see a 400 oz gold bar
While most gold investors are never going to buy a 400 oz bar, you can see and even hold one in Singapore. The BullionStar retail store has a 400 oz gold bar on display in a secured box. You can put your hand in the box and lift the bar.
[BullionStar store in Singapore.]
[Goldscape.net is a partner of BullionStar, BullionVault, and BFI Bullion.]
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