As many of you know my fortunes (or more specifically my families) are tied to Gold. Therefore I am commonly looked upon as some sort of "gold expert" regardless of the fact that I have almost no gold related expertise. Now this perception, while not actively encouraged, hasn't been hurt by the fact that I have a habit of speaking authoritatively on almost any subject I’m asked about, leaving an unfortunate trail of half truths and confusion.

This isn't intentional - were I privy to the total sum of human knowledge that's what you'd get, but as of yet I've come up a little short, as much of what I do manage to cram in seems to leak out almost as quickly (It’s difficult to be the repository of all human knowledge when most retirees seem to have an easier time remembering details than I do). Anyways, I’d setting the record straight:

A London Good Delivery cast bar weighs in at 12.5kg or 27.56lb (647.7cm3), which is equal to 401.89 troy ounces. Keep in mind that a troy ounce is slightly heavier (31.1g) than the standard avoirdupois ounce (28.35g) which you all know as 1/16th of a pound.

As of this posting gold is trading at 645.50$ US per (troy) ounce, which would make a gold bar worth 259,416.77$ US.

Glad I could clear that up for you.