Paper Gold


Also found in: Dictionary, Thesaurus.

Paper Gold

1. An option contract or other derivative in which the underlying asset is gold.

2. An informal term for Special Drawing Rights.
References in periodicals archive ?
The main danger could be the newcomer Paper Gold, who hails from a powerful yard and is nicely-bred.
The paper Gold Stud Bumping for High Density Flip Chip Interconnect details a robust flip chip solution using the Gold to Gold Interconnect (GGI) process for device packaging companies.
Speaking at a panel discussion, industry players and analysts said despite the higher import duties introduced by India, a key market for physical gold and large scale liquidation of paper gold (ETFs) in the West, gold demand has strong support from People's Bank of China which is adding bullion as reserve and consumption demand from India.
Contract award for Envelope bag craft, paper gold, 80 g / m2, dimensions 26 x 36 cm, with a variation of + / - 5%, with timbre uefs
But why Paper Gold instead of buying Physical Gold?
If you are considering an investment in paper gold, with the aim of converting it into real gold at a later date, stop right there.
Paper gold most commonly involves gold stocks or shares in gold mining companies.
According to Rolf Schneebeli, CEO of Gold Services AG, coins represent an excellent way to invest in physical gold for the average investor, as they allow anyone to own a protection directly rather than through a bank or a paper gold approach.