A typical gold bar as we think of it weighs in at 400 Troy ounces, or 27.5 pounds, according to the U.S. Gold Bureau. As of Friday around noon, a bar of that size sells for a little over $1.3 ...

For the first time ever, a single gold bar is worth $1 million, thanks to a surge in prices. Gold bars weighing 400 troy ounces hit the million-dollar mark after the price of the precious metal ...