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If you have ever held gold bullion in your hands, you would first notice how heavy it is even in small 1 oz gold coin sizes.
The reason for this is that fine physical gold is one of the most dense precious metals in the world.
In other words, gold bullion takes up very little space, yet has a real hefty weight to it.
The density of pure gold is 19.32 grams per cubic centimeters at 68 °F or 20 °C.
- 22k American Gold Eagle Coin: 17.45 grams per cubic centimeter
- 22k Gold Krugerrand Coin: 17.45 grams per cubic centimeter
- Any .999+ fine gold bullion coin: 19.32 grams per cubic centimeter
A bullion buyer years before the 2008 Global Financial Crisis, James Anderson is a grounded precious metals researcher, content creator, and physical investment grade bullion professional. He has authored several Gold