A 1 oz gold bar from the RCM (Royal Canadian Mint) refers to a gold bullion bar produced by the Royal Canadian Mint, a reputable government-owned facility responsible for producing Canadian coins and precious metal products.
A 1 oz gold bar means that the bar weighs 1 troy ounce, which is equivalent to approximately 31.1 grams. Gold bars are commonly available in various weights, and the 1 oz size is a popular option for investors and collectors alike.
RCM gold bars are known for their high quality and purity. The standard gold bar produced by the Royal Canadian Mint has a purity of 99.99%, meaning it contains 99.99% pure gold. These bars often feature the RCM logo, weight, purity, and a unique serial number for identification.
