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Current Value and Costs of a 400-Ounce Gold Bar Explained

Originally: How much is a 400-ounce gold bar worth in today's market?

The article discusses the value of a 400-ounce gold bar, which is approximately $2.03 million at the current spot price of $5,073.51 per ounce. It highlights that the actual purchase price includes additional costs such as premiums, authentication, insurance, and storage. Factors like purity and the reputation of the refiner also influence the final cost. The piece emphasizes the complexities involved in buying such a significant investment.

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