LemonTrades
TL;DR
- A kilo of pure gold holds 32.15 troy ounces. Its live value is shown below.
- A kilo bar is about the size of a smartphone and weighs about 2.2 pounds.
- Kilo bars have among the lowest dealer premiums per ounce, but they’re expensive and harder to sell in part.
- LemonTrades follows the gold price for you and tells you what moved it, and why, within seconds.
A kilo of gold is one of the most traded bar sizes in the world. Here’s what one is worth right now.
How big is a kilo of gold?
Gold is very dense, so a kilo is small. Sizes vary by maker, but a cast kilo bar is about 12 cm long, 5 cm wide and 2 cm thick: about the size of a smartphone, though far heavier than it looks.
What a kilo bar really costs
Dealers sell kilo bars for about 1–2% over spot, one of the lowest premiums on the market. Smaller bars and coins cost more per ounce. See the cost of gold. All sizes: how much does a gold bar weigh?.
Should you buy a kilo bar?
- For: a low premium per ounce, and easy storage for the value.
- Against: a large sum in one item, which you can’t sell part of, plus insurance and storage costs. Buying 1-ounce bars or coins gives more flexibility.
- An alternative: a gold ETF, with no storage to worry about. See the best gold ETFs.
- Taxes: in the US, gains on gold are taxed as collectibles, at up to 28% for long-term holdings.
Want to know if a bar is genuine? See how to tell if gold is real.
Sources
Education, not financial advice. See our disclaimer.
