gold certificate

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Gold certificate

Certificate of an investor that shows proof of ownership of gold bullion.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
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President Sooronbai Jeenbekov congratulated the 66 best graduates and presented them "gold certificates", laptops and cash prizes.
Of those, 26 achieved gold certificates, and more than 100 Special Award entrants were awarded the gold standard - in a year when the competition is celebrating its golden, or 50th, anniversary.
During the last 12 months Park Hall has been working very closely with the Solihull Young Carers Service and has just been awarded Bronze, Silver and Gold certificates. The academy considers supporting young carers to be an absolute priority and signposts support available in Solihull and at Park Hall Academy.
Their activities are recorded in a Passport to Learning, and they can work towards bronze, silver and gold certificates, culminating in a graduation ceremony at QMU.
In principle, there was instead daily settlement across regional banks using gold certificates, but in practice "interclistrict accommodation operations" took place and balances did build up over time.
Gold can also 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.
Others said the SBV should issue gold certificates and establish a national gold trading floor.
Institutions would now issue only short-term gold certificates to pay customers upon request.
Gold Certificates were awarded to the participants who finished 108 rounds of 12 Suryanamaskar asanas and Certificates of Participation were awarded to others.
The gold certificates are worth 3 billion euros (4 billion dollars), the daily La Repubblica reported online.
An XPRESS survey revealed that while people are still keen on buying gold, they are keener on gold certificates as investments.
The products include Jersey offshore deposits, gold certificates, FlexiDeposit and regular returns fixed deposit, as well as premium credit and debit cards.