Gold guide

Forms of gold

Bars, coins, granules and jewellery are physical forms. A gram balance is an ownership record, not another shape.

Subject
Forms
Sections
02
Kind
Education
Product
GXLD Gold only
A bar, a plain coin and a few granules on a ledge, forms of gold, not stock
01

Physical forms

  • Bars

    Stated

    Weight and fineness are usually marked. Premiums still differ.

  • Coins

    Two values

    Face value and metal value are not the same price.

  • Granules

    Industrial

    Small pieces for manufacture, not a customer balance.

  • Jewellery

    Made

    Labour and alloy sit in the price. Resale is different.

02

Not a shape

  • Fraction

    A record

    Grams in an account are access to ownership, not a new object.

  • Delivery

    Not offered

    No coins, jewellery, redemption or choice of bar.

  • Named bar

    Not implied

    A balance is not a specific bar unless the terms say so.

These are ways gold is manufactured. A GXLD gram balance is not a coin, a jewel or a bar you select.

The product