30.9 C
Bangkok
Saturday, May 4, 2024

Biggest gold bullion now worth $17m

The 250-kilogramme gold bar is recognised as the world’s largest by Guiness World Records in 2005. (AFP photo)

SHIZUOKA: As the Ukraine crisis fuels instability and causes commodity prices to skyrocket, the world’s largest gold bar has increased in worth to over 2.2 billion yen ($17.1 million) — more than five times its value when it first went on display at a central Japan theme park in 2005.

The 250-kilogramme gold bar is exhibited at the Toi Gold Mine theme park in Izu, Shizuoka Prefecture. It was smelted by the park operator’s parent company in 2005, and Guinness World Records certified it the world’s largest in the same year.

The bar went on public display in July of 2005, when it was valued at around 400 million yen.

As of…

Read more…

Latest Articles