Gold Coin

(redirected from Gold bullion coin)

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 ?
Amir Rizk, a gold trader, said that the gold bullion coin is a common savings tool among citizens.
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.
They include: | A numbered Royal Mint 1oz gold bar; | A Britannia 2018 1/4oz gold bullion coin in 24ct gold; | A Sovereign 2018 gold bullion coin in 22ct gold; | A sterling silver money clip with gold Half Sovereign in 22ct gold; | An 18ct gold diamond necklace featuring a 0.14ct diamond.
The DMCC earlier revealed plans to make the gold bullion coin as the first legal tender in the UAE and the Middle East as a whole.
In 2006, the United States Mint began production of the American Buffalo gold bullion coin with a purity of 99.99 per cent.
The 100-kg, 99999 pure gold bullion coin with a $1 million face value was originally conceived as a unique showpiece to promote the RCM's new line of 99999 pure one-ounce Gold Maple Leaf bullion coins.
The lion will feature on a one ounce fine gold bullion coin, a quarter ounce fine gold bullion coin and a two ounce fine silver bullion coin.
In addition to its Visions of Dubai series, the DMCC unveiled its first gold bullion coin in August 2011.
Our sponsorship of conference reflects our strategy to support initiatives that are aimed at enhancing gold trade through the emirate, such as our recent unveiling of the UAE's first Gold Bullion Coin."
Following the success of its 'Visions of Dubai' gold coins initiative, the Dubai Multi Commodities Centre Authority (DMCC) has unveiled the prototype of the first gold bullion coin in the UAE.
The Dubai Multi Commodities Centre Authority (DMCC), the Government of Dubai entity for enhancing commodity trade flows through Dubai, has unveiled the prototype of the first gold bullion coin in the UAE.
DUBAI -- Following the unveiling of its first UAE gold bullion coin prototype in August, the Dubai Multi Commodities Centre, or DMCC, the licensing authority for the Jumeirah Lakes Towers, or JLT, Free Zone, announced the release of the first impression of the design of the second UAE bullion coin, in honour of His Highness Shaikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai.