A substantial quantity of refined precious metal, measured by troy ounces, formed into a single, easily handled shape defines the topic. This physical asset represents a significant store of value and is a common denomination in the international gold market. Its weight and purity are standardized to facilitate trading and investment.
The significance of possessing such an asset lies in its inherent worth and liquidity. Historically, these large bars have served as a hedge against economic uncertainty and inflation. They are favored by central banks, institutional investors, and high-net-worth individuals seeking to diversify portfolios and preserve capital. This form of gold bullion has been a cornerstone of international finance for decades.