Saturday, September 29, 2012

Casting Good Delivery Gold Bullion Bars

Characteristics of a good delivery bar of gold bullion for the London Bullion Market are the most widely known and followed standards because the London market is the world's primary market.


The process and technique of casting gold bars is fairly consistent. All that's important is making sure your product can pass the required tests to meet gold bullion good delivery standards. First the gold needs to be melted. To do so, pure scrap gold is collected and placed inside a vat or pan. After this, a specially made melting furnace is fired up to heat the gold and turn it into its molten form. The molten gold is then poured into the ingot (mold). The gold bullion bar is then cooled, either naturally by air or by using the quicker option of dropping the bar into cold water. Once cooled, the bars are carefully cleaned with a towel. This process must be done carefully because the gold bullion won't be completely solid at that point. Before it has solidified, the bar is stamped to show the date manufactured and the weight of the bar.

All gold bullion bars are subject to the same testing to determine their authenticity and acceptability standards. 

More information can be found online at http://www.goldbullionadvisors.com

1 comment:

  1. Great tips, I like the guidelines you've laid out here...helpful!

    Gold Bars

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