Gold bullion

Gold bullion

Investment-grade, pure gold, which may be smelted into gold coins or gold bars.

Gold Bullion

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.
References in periodicals archive ?
ARMED robbers struck at the Brinks Mat warehouse near Heathrow Airport on November 26 1983, escaping with over pounds 25 million worth of gold bullion.
Gold bullion trader Brett Trevillian was fined pounds 10,000 and nightclub owner Tom Combrinck was given an pounds 18,000 fine.
Purchasing gold bullion coins is one of the traditional and common tools of savings as they preserve the value of money at the time of inflation.
The BCT said that "the stock of gold bullion deposited in the Bank of England was invested in international banks in 2018.
A GOLD broker transported the largest movement of gold bullion from London to Dublin in decades, as Brexit concerns deepen.
Keith Weiner, CEO of Monetary Metals, said, 'Quantum Metal is the biggest gold bullion distributor in Malaysia.
Driz said the operation was prompted by complaints from one Merlina Maer of Taytay, Rizal, the supposed buyer of the bogus gold bullion.
The crackers include: A numbered Royal Mint 1oz gold bar; a Britannia 2018 1/4oz gold bullion coin in 24ct gold; the sovereign 2018 gold bullion coin in 22ct gold; a sterling silver money clip with gold half sovereign in 22ct gold; a 18ct gold diamond necklace; 9ct gold cufflinks; and a traditional hat and trivia card.
The third award was the "Best Gold Bullion Dealer of the year 2017-18" that RSBL won at the India International Gold Convention 2018 held at the IIGC Excellence Awards from August 3-5 at Le Meridien, Kochi.
It will be responsible for the safekeeping of the gold bullion bars delivered to GLDM in its own high-security vault, the largest commercial vault in London.
Under the terms of the partnership, customers who purchase a minimum of USD 1000 worth of TPX tokens in the Totipay Network will be offered a bonus of 10% of their purchase value in gold bullion.
Summary: The value of Bank's gold bullion balance reached Dh1.17b at the end of February 2018, compared to Dh1.152b in December 2017