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Gold bars are worth a million dollars for the first time

Section: Daily Dispatches

But what are a million dollars worth?

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By Jack Wittels
Bloomberg News
via Yahoo News, Sunnyvale, California

Monday, August 18, 2024

For the first time ever, a bar of gold is worth a cool one million dollars.

The milestone was reached Friday, when the precious metal’s spot price surpassed $2,500 per troy ounce, an all-time high. With gold bars typically weighing about 400 ounces, that would make each one worth more than $1 million. ...

... For the remainder of the report:

https://finance.yahoo.com/news/gold-bars-worth-million-dollars-170501281.html


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