Entity: GOLDBAR
A gold bar is a block of refined metallic gold that can be traded on the gold market. It is used by individuals and banks as a way of storing and investing in gold.
GOLDBAR
Etymology
The term 'gold bar' originates from the combination of the words 'gold' and 'bar', referring to a block of refined metallic gold.
Definition
A gold bar is a valuable commodity in the form of a block of refined gold, often used for investment purposes.
Historical Context
Gold bars have been used throughout history as a form of currency and a store of value. They have played a significant role in international trade and finance.
Cultural Significance
Gold bars are often associated with wealth, luxury, and financial stability. They are used in various cultural contexts to symbolize prosperity and success.
Related Concepts
Gold bullion, gold ingot, precious metals, investment, finance.
See Also
A valuable commodity in the form of a block of refined gold, often used for investment purposes.