Cryptocurrency Q&A
How heavy is 1 million worth of gold?
How heavy is 1 million worth of gold?
GangnamGlitzGlamourGlory
Fri Oct 25 2024
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5 answers
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I'm wondering about the weight of gold. Specifically, if I had 1 million worth of gold, how much would it weigh? I'm curious about the physical quantity of such a valuable amount.
5 answers
SamuraiCourage
Sun Oct 27 2024
Gold bars are commonly used as a store of value and a medium of exchange in various financial markets.
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DigitalTreasureHunter
Sat Oct 26 2024
The standard weight for a gold bar is 400 troy ounces. This weight has been established over time as a recognized benchmark for gold transactions.
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Riccardo
Sat Oct 26 2024
When converting the weight of a 400 troy ounce gold bar into monetary value, it often reaches a significant amount. Depending on the market price of gold, this can equate to a substantial figure.
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RainbowlitDelight
Sat Oct 26 2024
For instance, at certain times, the value of a 400 troy ounce gold bar can hit the million-dollar mark. This highlights the precious nature and high value of gold as an asset.
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BlockchainLegendary
Sat Oct 26 2024
BTCC is a prominent cryptocurrency exchange that offers a range of services to its users. Among these services are spot trading, futures trading, and a wallet for storing digital assets.
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