Weigh Gold


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1926 US 20 ST GAUDENS BEZEL SET WITH 36 INCHES 24K GOLD CHAIN WEIGH 1005grams
$7,582.00
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ITALY GOLD NECK CHAIN 20 INCHENS WITH LOBSTER CLASP WEIGH 40 grams 14K GOLD LOOK
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Diamond Studded Heart with Ribbon Accent 10K Gold Pendant 1 10 carat total weigh
$65.00
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1976 KRUGERRAND ANS1987 PANDA GOLD COIN SET IN BEZEL WEIGHING 793 grams
$3,995.00
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1904 20 US LIBERTY GOLD COIN SET IN 18K GOLD BEZEL LG LOOP WEIGHING 40 grams
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$760.00
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$109.50
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$199.00
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$17.46
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$23.90
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$24.99
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$5.00
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$33.89
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Double Pearl Ring in 14k Yellow Gold Weighing 44 grams
$225.00
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Digital Electronic Weigh Scale 200 x 01g Measuring Gold Bars Silver Coins Metal
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Digital Electronic Pocket Weigh Scale Measure Scrap Gold Ring Jewelry Diamonds
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estate 14k yellow gold onyx ring size 7 3 4 weighing 66 grams
$249.00
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14k white gold diamond ring 18ctw size 7 weighing 57 grams
$279.00
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Digital Pocket Scale 1000g x 01g Gram Silver Metal Gold Jewelry Herb Weigh LCD
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1932 First National Bank of Central City Weighing GOLD NUGGETS Press Photo
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Digital JEWELRY 100 x 001g SCALE Weigh Gold Silver Platinum Diamonds Gemsto
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1000BZ DIGITAL SCALE 1000 x 01g Weigh Jewelry Dental Lab Scrap Metal Coins Gold
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10k Gold Ring 948g 10K Gold Cocktail Ring Red 10K Gold Ring Weighing 948g
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14k Yellow Gold Round Opal Studs Earrings 6mm And Weigh 127 Grams
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Portable Gold Test Kit 6 Test Acids + 2 Rub Stones Fast Weigh AWS Scale1000gr
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14 KARAT YELLOW GOLD BAND WITH 7 DIAMONDS WEIGHING 42 CARATS SIZE 9
$425.00
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TEST WEIGH FAST RESULTS SCALE 1000g GOLD TEST SET +
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Vial of Gold Flakes Gold and Vial Weigh 21 grams
$1.49
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$19.99
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01g 1000g Digital Electronic Balance Weigh Scale gold jewelry gems herbs EM01
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1 1 2 Carat Total Weigh Triple Stack 14K Yellow Gold Custom Ring VS Diamonds
$1,495.00
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Diamond Stud Earrings 14k White Gold 110 carat total weigh Round Shape
$979.04
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NEW AD HT 500GD Jewelry Scale Gram Scale Gold Scale 9 Weighing Units AC Adapter
$119.00
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Gucci Italy Antique 925 Sterling Silver Lighter Gold Plated Very Old WEIGH 12oz
$145.00
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My Weigh iBalance 5500 Jewelry Gold Silver Scale 5500g 01g i5500
$69.00
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BALANCE SCALE TO WEIGH GOLD PLUS 1 GOLD WEIGHT ASHANTI CULTURE OF WEST AFRICA
$69.00
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SALE 14k Solid Gold Multicolor 21ct Gemstone Designer Pendant total weigh 1680G
$645.00
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MINERS WEIGHING GOLD HILDEBRAND CA SAVINGS LOAN CO SF 8 3 4 X 11 14
$20.00
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Digital pocket scale 600g 01g Weigh Gold Silver Gram Jewelry Troy Ounce OZ DWT
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Gold Gym Weigh Lifter Belt 34 44
$6.00
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$3.48
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Mini Digital LCD Pocket Jewelry Gold Diamond Weigh 600g01g Scale Black US
$6.84
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Rare Antique 19th Century Two Sets of Weights for Weighing Gold
$175.00
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Original Renaissance Style Double Portrait Oil Painting Scientist Weighing Gold
$250.00
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Electronic 600g 01g Gold Weigh Diamond GN Gram Jewelry Troy Ounce OZ Scale CT
$17.99
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iGem Gold Testing Weighing Kit With GT 3000 Tester SPJ401 Digital Gram Scale
$329.95
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iGem Professional Gold Testing Weighing Kit With GT 4000 SPJ401 Gram Scale
$399.95
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American Weigh Scales Black Blade Digital Pocket Scale Mini Weight Jewelry Gold
$19.93
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Spray Pearl ITALIAN Gold Shank Dome Lt Weigh BUTTON SET Sew Trims 24 30 12 B
$22.00
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Antique Milk ScaleAmericanaChatillons Circular Spring Balance to Weigh 30 lbs
$65.80
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14K YG ITALIAN MADE BRACELET 65 LONG 1 WIDE WEIGHING 208 GRANS
$999.00
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ITALY GOLD NECK CHAIN 14K WITH MEXICO 50 PESO BEZEL SET WEIGH 943 grams GOLD
$5,988.88
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Weigh Gold

Selling gold jewelry - How to weigh your gold

Understanding the Importance of Gold Weights

Gold is used in many industries such as electronics, medicine and energy in addition to being used in many consumer products such as jewellery, cosmetics and consumer electronics. Aside from these uses it also plays an important role in economies throughout the world both historically and in the present. In the past it has been used by many countries as a form of currency and it is still very much traded as a commodity on the market.

Because gold has played an important role in the economies of the world and present day trading, how gold is weighed is very important. Having standard weights allows for easier trading and builds confidence in gold which is essential to a fluid gold market.

Gold Bar

The most common method of holding commodity gold is as a gold bar. The value of a gold bar depends on its weight which will be decided by whether the gold is going to be used as for trading or as a long term investment. Gold bars are ingots which are available in a variety of sizes and weights. Gold bars fall into two categories – cast gold bars and minted gold bars.

Cast Gold Bars

Cast gold bars are created by melting down the gold and pouring the gold into various different moulds to give the bars different shapes and weights.

Minted Gold Bars

Minted gold bars are created by hand cutting gold blanks to precise measurements.

Whether the gold bar is minted or casted the weight and purity is engraved on the top of the bar so that the value of the gold is known. In grams, there are sixteen international weight categories which can be used to create gold bars, which range from five hundred grams to a third of a gram. In ounces, there are eight weight categories, which range from twenty ounces to less than an ounce.

Banks and Traders Measures and Purity Levels

The most common bar which banks hold is the 400 ounce gold bar. It should be noted that these bars actually range from 350 and 430 ounces, but the exact weight is always engraved on the gold bar. Gold bars which are held by banks are almost always of a 99.5 percent purity level. In addition to these bars banks also store in 1 tonne bars, 1 tola bars or 10 tola bars.

The most commonly traded gold bar across the world is the kilogram bar. Traders and investors use this weight because it does not sell at a premium price and is cheaper than alternative.

Gold Standards

Bullion spot trading is a form of gold trading where the physical gold bars actually changes hands in a transaction. The standard gold bar which is used for this is the London Good Delivery gold bullion bar. This gold bar weighs 400 ounces and because is it so frequently traded it is the most important gold bar in the world.

Gold bars can be denominated in different weights around the world. Internationally, they are weighed in grams while in many English speaking countries including the UK; they are mostly weighed in ounces. In the Asian and Middle Eastern region, they are mostly weighed in tolas.

Nowadays, gold has become an increasingly attractive investment as gold prices are rising, and have reached their all time high this year. When prices rise, this brings profits to gold investors and sellers.

About the Author

www.grantsofcornwall.com specialise in buying scrap gold and pay excellent scrap gold prices. They offer a simple and quick service from start to finish for selling your gold.

If you are looking for a different item here are a list of related products on Gold And Precious Metals, please check out the following:

Weigh Gold

Frequently Asked Questions...

How much would a five-gallon pail of gold weigh?

Gold has a specific gravity of almost 20
a five-gallon pail of water weighs about 40 pounds


Answer:

a lot you would not be able to lift it if it was pure gold...

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