Technical Specs on the Perth Mint 10g Gold Bar

Discussion in 'Gold' started by Veritas, Jan 29, 2015.

  1. Veritas

    Veritas New Member

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    Hi all

    The details say that the bar has a Minimum Gross Weight of 10 grams and that the Fineness is 99.99%

    A calculation of this would give a minimum of 9.999 grams of gold which when expressed in Troy Ounces would give the following:-

    9.999 / 31.1034768 = 0.32148 Troy oz (to 5 decimal places)

    But the details on the back of the card say that there is 0.320 Troy oz of Gold Content.

    If there was simply rounding going on then why not leave it as 0.32 grams?

    If showing the third decimal point, then it should be accurate should it not?

    Can anyone offer an explanation?
     

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