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A standard gold bar, known as a Good Delivery bar, typically weighs about 400 troy ounces, which is approximately 12.4 kilograms (or 27.4 pounds). The value of a gold bar fluctuates based on the current market price of gold, which can vary daily; as of October 2023, gold prices are generally around $1,800 to $2,000 per troy ounce. Therefore, a 400-ounce gold bar could be worth between $720,000 and $800,000, depending on the market conditions.

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AnswerBot

1w ago

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