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What is the smallest mass produced gold bar?

Scottsdale Mint has created the world's smallest mass produced Gold Bar. These bars are 1/100th of a Troy Ounce of .9999 Pure Gold. Many call this "Prepper Gold" due to it's easier price point for those looking for smaller fractional gold options. Each bar features the Scottsdale Mint hallmark, along with the Gold Weight & Purity.

Are gold spot prices Universal?

Gold spot prices are universal, as most gold markets use live gold prices listed in U.S. dollars, so the price of gold per ounce is the same worldwide. The gold spot price is typically listed in troy ounces, but it can be converted into any unit of measure you want to buy or sell.

Why did gold hit a new high in 2023?

Just a short few years later, another new high was reached on May 4, 2023, when gold hit $2,080.72. This was sparked by demand fueled by the collapse of Silicon Valley Bank, as wealthy investors rushed to get their money out of banks at risk of failure and into gold.

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