Gold Price Per Kilo

note:
Kilogram - a mass unit
The kilogram is a base unit of mass in the International System of Units. Its SI unit symbol is "kg". Equivalently converted into other units, 1 kilogram is equal to 1000 grams, or 32.15075 troy ounces. The kilogram is a large unit of gold, which is often used to measure big gold brick. Such as London Gold, which is stored in the city of London underground vault in a purity of 99.5% with 12.4414 kilograms (400 ounces) of gold bricks.

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Gold is the most popular precious metal accepted by everyone. It is a soft, dense, malleable and ductile metal with a bright yellow color, and its lustre is maintained without tarnishing in water or air. Its chemical symbol is Au. Gold is one of the least reactive chemical elements, keeping solid state under standard conditions. Throughout history, gold has been sought after by people, used as money and made into jewelry. Nowadays, more and more people are glad to hold gold that is not only used for gorgeous jewelry, or used in industry, but more commonly trading as a popular investment product.

If you are investing for profit or retaining value, it is a wonderful idea to keep an eye on gold. Gold is a popular precious metal. Over many centuries it has been used as currency, jewellery and for keeping value. The currency code for gold per ounce is XAU.

Source: Gold Price OZ / [You must be registered and logged in to see this link.]