the.com/ingot
wealth at its most honest: a brick that refuses to pretend it's anything else
means a mass of metal — typically gold, silver, or steel — cast into a convenient block or bar for storage, transport, or later working.
from From late Middle English, likely built from the prefix 'in-' plus the Old English 'goten,' the past participle of 'geotan,' meaning 'to pour' or 'to cast.' So an ingot is, quite literally, the thing 'poured in' — molten metal tipped into a mold and left to harden. The French 'lingot' is the same word borrowed back across the Channel, having swallowed the 'l' of 'le' along the way.
- word origin
- likely from Old English for a casting mold
- gold standard
- Good Delivery bars must weigh about 400 ounces
- shape logic
- tapered sides exist so bars slide out of molds
- fort knox
- holds roughly 147 million ounces in stacked gold
- silicon too
- computer chips start as giant grown silicon ingots
gold bar fort knox — 147.3 million troy ounces stored in the u.s. army's depository in kentucky
platinum ingot russia — norilsk nickel produces over 2 million ounces annually, world's largest
silver ingot comex — comex futures contracts standardized at 1,000 troy ounce ingots traded on nyse