Gold Coin

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Gold Coin

1. A coin of gold bullion that may be bought and sold for investment. Most gold bullion is at least 99.9% pure. Gold coins, like all gold bullion, are commodities that investors often use as a hedge against recession and inflation. Thus, while they are volatile like most commodities, they always maintain a relatively high value. Gold coins are measured by mass and purity rather than face value.

2. A coin of a currency that is minted from gold and intended for circulation. See also: Kruggerand.
References in periodicals archive ?
has already begun the distribution of mutual fund, bullion gold coin and portfolio management schemes and similar bouquet of financial products to all the customers across its network of branches.
The first edition of the UAE Bullion Gold Coins designs features a portrait of His Highness Sheikh Khalifa Bin Zayed Al Nahyan, President of the UAE and Ruler of Abu Dhabi, on one side; and the Burj Khalifa, the world's tallest tower on the reverse side.
The Dubai Multi Commodities Centre, or DMCC, has appointed award-winning jewellery retailer Pure Gold Jewellers as an approved retail distributor for its UAE Bullion Gold Coins series.
Investing in bullion: When most Americans hear about "investing in gold," they think of purchasing the actual metal, which means buying bullion gold coins or bars.