How much is a 24kt 1gram gold bar worth?

Answer 1

A properly stamped 1 gram gold bar is useful as a long term, tangible investment. The value depends on the reputation of the bar's source, the current market value of gold, and the fineness of the gold bar (i.e., 0.9999 is more fine and pure than 0.9995). A hallmarked bar from Credit Suisse is worth more than a bar from some lesser known assayer. To find the minimum base value, get the current value for a troy ounce from a place like Kitco, and divide by 31.1034768. I hope this helps someone.