Gold bullion(redirected from Gold as an investment)
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Copyright © 2012, Campbell R. Harvey. All Rights Reserved.
Pure gold that may be bought and sold for investment. Most gold bullion is at least 99.9% pure. It is usually smelted into either gold bars or gold coins. Gold bullion is a commodity that investors often use as a hedge against recession and inflation; Thus, while it is volatile like most commodities, it always maintains a relatively high value. Gold bullion is measured by mass and purity rather than face value.
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