Answer to Question #122542 in Inorganic Chemistry for Julian Staffieri

Question

Suppose you needed to have 500.0 Kg of gold, use five (5) of the words from the word bank above to explain how you would make sure that you were able to produce the required amount. Note, you should not be doing any calculations, explain what you would need to do.

Answer 1

Large gold bars are produced by pouring the molten metal into molds. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets. The standard gold bar held as gold reserves  by central banks and traded among bullion dealers is the 400-troy-ouncegood gold delivery gold bar. The kilobar, which is 1,000 grams bin mass, and a 100 troy ounce gold bar are the bars that are more manageable and are used extensively for trading and investment.