explain and also tell the meaning of ingot.
-please
2007-04-02 15:46:16 · 5 answers · asked by manuawal 2 in Business & Finance ➔ Personal Finance
.9999 is refined gold (highly refined---that means very little impurities like silver, iron and copper are in the total mix)...it's really pure, only a few mints in the world make such Gold bullion/bars with that purity. (Canada is one of them).
I have never heard of 999.9 purity gold. If you see it on the bar itself, it may mean something completely different.
Check with the bank that issued the bar/ingot with that number and find out what it really means...or go to a reputable gold/silver dealer and that person should be able to tell you what it means.
Ingots are large bars of metal. They usually weigh (based on the type of metal) quite a bit and are usually much larger than a smaller bar. Sizes vary from bank to bank.....but ingots can be as small as six by 3 by 4 inches in volume...and they can get larger.
2007-04-02 16:17:33 · answer #1 · answered by Charlie Bravo 6 · 0⤊ 0⤋
An ingot is simply a bar of gold; it may have some standard specification as to size or weight, but I am not sure about that.
2007-04-02 15:53:12 · answer #2 · answered by Devildoc432 2 · 0⤊ 0⤋
umm 4 real? ok 999.9 means its worth hella and .9999 is fake dude sorry lol
2007-04-02 15:49:40 · answer #3 · answered by Ally 2 · 0⤊ 3⤋
MATH MAJOR?
2007-04-02 16:19:55 · answer #4 · answered by cork 7 · 0⤊ 1⤋
errr. DUH! The decimal point!
2007-04-02 15:48:27 · answer #5 · answered by Anonymous · 0⤊ 1⤋