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GOLD CONVERSION TABLES - Gold Bars Worldwide

BAR WEIGHTS AND THEIR AGREED FINE gold CONTENTG ross Fine gold content in ounces kilo (1000 grams) (500 grams) (250 grams) : London Bullion Market Association. table reproduced with permission. gold CONVERSION TABLESThe gold weight CONVERSION procedures of the London Bullion MarketAssociation(LBMA) are used for trading on the London bullion market,and accepted CONVERSIONSThe LBMA records its basis for converting the weight of gold bars fromgrams (metric) to ounces troy(imperial), and vice versa, as follows:1 gram= ounces troy1 kilogram= troy1 tonne=32, troy1 ounce troy = grams= kilogramBAR WEIGHTS AND FINE gold CONTENTFor trading on the London bullion market, the LBMA also records the finegold content of a range of bar weights, denominated in grams, ouncestroy, tolasand taels, at thr

BAR WEIGHTS AND THEIR AGREED FINE GOLD CONTENT Gross Fine gold content in ounces troy Weight Bars Bars Bars 995.0 999.0999.9 Assay Assay Assay 1 kilo (1000 grams) 31.990 32.119 32.148

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Transcription of GOLD CONVERSION TABLES - Gold Bars Worldwide

1 BAR WEIGHTS AND THEIR AGREED FINE gold CONTENTG ross Fine gold content in ounces kilo (1000 grams) (500 grams) (250 grams) : London Bullion Market Association. table reproduced with permission. gold CONVERSION TABLESThe gold weight CONVERSION procedures of the London Bullion MarketAssociation(LBMA) are used for trading on the London bullion market,and accepted CONVERSIONSThe LBMA records its basis for converting the weight of gold bars fromgrams (metric) to ounces troy(imperial), and vice versa, as follows:1 gram= ounces troy1 kilogram= troy1 tonne=32, troy1 ounce troy = grams= kilogramBAR WEIGHTS AND FINE gold CONTENTFor trading on the London bullion market, the LBMA also records the finegold content of a range of bar weights, denominated in grams, ouncestroy, tolasand taels, at three precise millesimal gold purities: , and OUNCET anakaJapanGRAME miratesUAETOLA2 REFERENCES TO OTHER gold WEIGHTSR efer to disclaimer on website: Grendon International Research Pty Ltd 2014.

2 All rights CONVERSION Source of InformationWeight1 ouncesGolddealers Luxembourg grams1 tael* ouncesThe Chinese gold & Silver Exchange gramsSociety, Hong Kong1 gramsGold Traders Association, ounces1 gramsSaigon Jewelry Company, Vietnam1 cay or grams1 gramsLS-Nikko Copper Inc, South Korea1 gramsThe Central Bank of the Islamic Republic of Iran* In Taiwan, it is reported that the tael can be traded at a different weight: 1 tael = grams. Source: UBS (Switzerland).CALCULATING THE WEIGHT OF FINE gold gold bars are normally traded according to the precise weight of theirfine is calculated by multiplying the bar s gross weight by its gold purity (orfineness).

3 Examples1000 g bar with a millesimal purity of 995 has a fine gold weight of 995 g(1000 g x ).London Good Delivery bar weighing oz bar with a millesimalpurity of has a fine gold weight of oz ( oz x ).It can be noted that markets tend to vary in the way that they round decimal points up or Hua HengThailandBAHTS aigonVietnamLUONGWing FungHong KongTAEL


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