THE PHYSICAL GOLD GUIDE

Understand what you own.

A practical introduction to gold forms, fine weight and the questions to ask before comparing offers.

Bars

Cast and minted bars come in different weights. Compare the fine gold content and full delivered cost.

Coins

Bullion coins and collectible coins can carry different premiums. Collectibility is a separate consideration from metal content.

See the checklist 03

Vaulted metal

Account terms determine your legal claim, custody arrangements and routes to sale or withdrawal.

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WEIGHT & FINENESS

Fine weight is the common language.

A troy ounce is approximately 31.1034768 grams. Gross weight includes the full product; fine weight measures the gold content. If you use gross weight in the calculator, enter the fineness too.

Fine grams = gross grams × fineness ÷ 1,000

For example, 100 gross grams at 999.9 fineness contains 99.99 grams of fine gold. A product quoted by fine troy ounces already states its fine gold quantity; do not apply purity twice.

Try a weight conversion ↗

BEFORE YOU COMPARE

Put the full terms next to the price.

Question	Why it matters
What is the price per fine ounce?	It creates a consistent basis across weights and purities.
Which premium and fixed charges apply?	Delivery, payment and minimum fees may change the total.
What can I receive when selling?	The exit spread and any selling charges affect the round trip.
Who holds title and who holds the metal?	Ownership and custody are separate questions.
Which local rules apply?	Tax and product treatment depend on the product and jurisdiction; obtain qualified advice.

Wholesale standards have a specific scope

LBMA's Good Delivery framework concerns qualifying wholesale bars. A refiner's listing should not be interpreted as accreditation of every retail product it manufactures.

LBMA: About Good Delivery ↗