The denomination of gold bars can be as low as 5gm and also available in 10g, 50g, 100g even up to 1 kg. Opt for gold bars with lower denominations. Denomination: Choosing to invest in lower denominations helps to maintain liquidity when you need it. When gold is refined to a fineness level of 999.9 parts per thousand it is stated as 999.9.ĥ. Fineness is another way of expressing the precious metal content of gold jewellery, and represents the purity in parts per thousand. Fineness: Fineness shows the purity of precious metals by parts per thousand rather than karats. Some gold bars may have a +/- tolerance levels while some bars may come with NIL negative weight tolerance and NIL negative purity tolerance, thus assuring that the customer always receives right value for what is paid for.Ĥ. Tolerance level: Ask about the weight and purity tolerance level (variation in purity) while purchasing. Bangalore Refinery and MMTC-PAMP (a joint venture between public sector MMTC and Switzerland's PAMP SA) are two such refineries in India.ģ. Purchasing gold bars which have been refined at popular refineries ensures highest level purity. Refinery - While purchasing, it helps to know the refinery from where the gold bar has been refined.

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