400 Ounce Gold Bar (Good Delivery)
Weight12441.4 g
Spot (USD/oz)$3,970.20
Premium1.50%
Purity99.99%
Prices by Country
| Country | Currency | Price today | source | |
|---|---|---|---|---|
| Saudi Arabia | SAR | 6,044,634.01 SAR | auto | View |
| United Arab Emirates | AED | 5,915,681.82 AED | auto | View |
| Egypt | EGP | 78,177,266.51 EGP | auto | View |
| Kuwait | KWD | 499,689.74 KWD | auto | View |
| Qatar | QAR | 5,867,324.74 QAR | auto | View |
| Bahrain | BHD | 606,075.30 BHD | auto | View |
| Oman | OMR | 620,582.42 OMR | auto | View |
| Jordan | JOD | 1,144,450.71 JOD | auto | View |
| Lebanon | LBP | 144,265,265,006.99 LBP | auto | View |
| Iraq | IQD | 2,111,592,147.03 IQD | auto | View |
| Turkey | TRY | 52,386,828.08 TRY | auto | View |
| United States | USD | 1,611,902.40 USD | auto | View |
| United Kingdom | GBP | 1,273,402.90 GBP | auto | View |
| Germany | EUR | 1,482,950.21 EUR | auto | View |
| France | EUR | 1,482,950.21 EUR | auto | View |
| Italy | EUR | 1,482,950.21 EUR | auto | View |
| Spain | EUR | 1,482,950.21 EUR | auto | View |
| Switzerland | CHF | 1,418,474.11 CHF | auto | View |
| Libya | LYD | 7,817,726.65 LYD | auto | View |
| Belgium | EUR | 1,482,950.21 EUR | auto | View |
| Netherlands | EUR | 1,482,950.21 EUR | auto | View |
| Austria | EUR | 1,482,950.21 EUR | auto | View |
| Poland | PLN | 6,447,609.61 PLN | auto | View |
| Canada | CAD | 2,208,306.29 CAD | auto | View |
| Mexico | MXN | 29,820,194.44 MXN | auto | View |
| Brazil | BRL | 8,704,272.97 BRL | auto | View |
| Argentina | ARS | 1,587,723,866.28 ARS | auto | View |
| Chile | CLP | 1,531,307,282.20 CLP | auto | View |
| Colombia | COP | 6,608,799,849.48 COP | auto | View |
| Peru | PEN | 6,044,634.01 PEN | auto | View |
| India | INR | 134,271,470.11 INR | auto | View |
| China | CNY | 11,686,292.42 CNY | auto | View |
| Pakistan | PKR | 448,108,867.84 PKR | auto | View |
| Bangladesh | BDT | 188,592,581.07 BDT | auto | View |
| Indonesia | IDR | 26,112,818,917.47 IDR | auto | View |
| Malaysia | MYR | 7,575,941.29 MYR | auto | View |
| Singapore | SGD | 2,159,949.22 SGD | auto | View |
| Thailand | THB | 58,350,866.96 THB | auto | View |
| Vietnam | VND | 40,942,321,018.74 VND | auto | View |
| Philippines | PHP | 93,812,719.81 PHP | auto | View |
| Japan | JPY | 253,068,677.16 JPY | auto | View |
| South Korea | KRW | 2,224,425,315.19 KRW | auto | View |
| South Africa | ZAR | 29,659,004.20 ZAR | auto | View |
| Nigeria | NGN | 2,546,805,795.65 NGN | auto | View |
| Australia | AUD | 2,450,091.65 AUD | auto | View |
| New Zealand | NZD | 2,675,757.99 NZD | auto | View |
| Russia | RUB | 148,295,021.01 RUB | auto | View |
The 400 oz Good Delivery gold bar, often referred to as a 'London Good Delivery' bar, is the quintessential institutional gold asset, deeply embedded in the global financial system. Weighing precisely 12,441.4 grams (or 400 troy ounces), this bar represents the standard unit of trade between central banks, major financial institutions, and professional bullion dealers worldwide. Its significance extends beyond its sheer size; it embodies trust and liquidity, forming the bedrock of international gold reserves and derivative markets. When you hear about 'gold reserves' or 'gold holdings,' these 400 oz bars are typically what's being referenced. Understanding the dynamics of its price involves tracking global economic indicators, geopolitical stability, and the supply-demand balance, making its valuation a keen interest for serious investors and market analysts. Investing in such a substantial asset is a move towards ultimate portfolio stability and a hedge against economic uncertainties.
Tips
Understand Good Delivery Standards
Ensure any 400 oz bar you consider is from a Refiner accredited by the London Bullion Market Association (LBMA) 'Good Delivery' list. This guarantees purity (minimum 99.5% fine gold), weight accuracy, and responsible sourcing, ensuring global acceptance and liquidity.
Secure Storage is Paramount
Due to their high value and weight, 400 oz gold bars are not suitable for home storage. Utilize professional, insured, and allocated vault storage facilities offered by reputable bullion dealers or specialized third-party providers. This protects your asset and can simplify future transactions.
Verify Authenticity and Assay Marks
While Good Delivery bars are highly standardized, always verify the bar's unique serial number, refiner's stamp, fineness, and weight marks against official documentation. Reputable dealers will provide assay certificates and ensure transparent verification processes.
Monitor Global Gold Markets Closely
The price of a 400 oz gold bar directly reflects the spot price of gold (XAU/USD). Stay informed about macroeconomic data, interest rate decisions, currency fluctuations, and geopolitical events, as these heavily influence gold's value and thus the price of these significant bars.
Consider Transaction Costs and Spreads
While 400 oz bars typically have lower premiums over spot price compared to smaller denominations, be mindful of transactional costs including fabrication, shipping (if applicable), and dealer spreads. Compare offers from various reputable institutional dealers to ensure competitive pricing.
FAQ
What makes a 400 oz gold bar 'Good Delivery'?
A 400 oz gold bar is 'Good Delivery' if it meets the stringent specifications set by the LBMA, including a fineness of at least 99.5% pure gold, a weight tolerance between 350 and 430 troy ounces (with a standard of 400 oz), specific dimensions, and originates from an LBMA-approved refiner.
Who typically buys 400 oz Good Delivery gold bars?
These bars are primarily bought by central banks, large financial institutions, sovereign wealth funds, major institutional investors, and high-net-worth individuals or family offices due to their substantial value and role in global gold reserves and interbank trading.
Can I physically take delivery of a 400 oz gold bar?
While possible, it's generally impractical and highly risky for individual investors. Most buyers of 400 oz bars opt for allocated storage in secure, insured vaults with reputable third-party providers, often in major bullion hubs like London, Zurich, or New York, to ensure safety and liquidity.
How is the price of a 400 oz gold bar determined?
The price of a 400 oz gold bar is primarily based on the global spot price of gold (XAU/USD) at the time of purchase, with a small premium added for manufacturing, assaying, and dealer margin. Its value fluctuates with real-time market dynamics.
What are the benefits of investing in 400 oz gold bars?
Investing in 400 oz Good Delivery bars offers several benefits: the lowest premiums over spot price (due to their size), maximum liquidity in institutional markets, global recognition and acceptance, and a robust hedge against inflation and economic instability, forming a key component of foundational wealth preservation.