A compact unit of precious metal, typically .999 fine gold, weighing ten grams. It represents a tangible asset valued for its inherent worth and global recognition. These ingots are commonly produced by reputable mints and refineries, often bearing hallmarks indicating their weight, purity, and manufacturer. They are often acquired by individuals seeking a manageable entry point into gold ownership.
The significance of such a physical gold holding lies in its role as a store of value and a potential hedge against economic uncertainty. Throughout history, gold has maintained purchasing power, serving as a reliable asset during periods of inflation or financial instability. Its relatively small size provides ease of storage, portability, and divisibility, making it a convenient option for diversification and potential future liquidity.