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Gold Certificate
(redirected from Gold certificates)

   Also found in: Dictionary/thesaurus, Wikipedia 0.01 sec.
Gold certificate
Certificate of an investor that shows proof of ownership of gold bullion.

Gold Certificate
A document entitling one to ownership of a certain, stated amount of gold. Most of the time, gold investors hold gold certificates rather than the physical gold itself in order to avoid the expense, security issues, and other difficulties associated with owning gold. However, the holder of the gold certificate can take possession of the gold he/she owns upon demand.

gold certificate
A receipt of ownership for a stated quantity of gold. A certificate, usually issued by a major bank, allows an investor to own gold without actually taking possession of the metal. A commission is generally charged at the time of purchase.


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— Len Ratzman The collection of 100 $10,000 gold certificates, encased in plastic and on public display, was first unveiled Dec.
These are gold certificates that buyers hold instead of actual gold, which is kept with the banks.
Gold can be bought as an investment in the form of coins and small bars, gold certificates, gold-backed securities or gold-oriented funds, in which investors can buy shares of mining companies.
 
 
 
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