bullion


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Related to bullion: bullion market

Bullion

Precious metal that may be bought and sold for investment. Most types of bullion are at least 99.9% pure. Bullion is a commodity that investors may use as a hedge against recession and inflation. Thus, while it is volatile like most commodities, it always maintains a relatively high value.

bullion

Refined gold or silver in bulk (that is, ingots) rather than in the form of coins.

bullion

precious metals such as GOLD, silver, platinum, etc., which are traded commercially in the form of bars and coins for investment purposes, and which are used to produce jewellery and as industrial base metals.

bullion

precious metals, such as GOLD, silver, platinum, etc., that are traded commercially in the form of bars and coins for investment purposes and are used to produce jewellery and as industrial base metals. Some items of bullion, gold in particular, are held by CENTRAL BANKS and are used as INTERNATIONAL RESERVES to finance balance of payments imbalances.
References in periodicals archive ?
He pointed out that the manufacturing of the gold bullion coin is more expensive than the manufacture of golden alloy, ranging between EGP 50-100.
Kundan Gold Refinery is already a name to reckon with for the purest form of gold & silver bullions. It is acknowledged as a major importer of gold and silver.
Aquino brought to the attention of Interior and Local Government officer in charge Catalino Cuy the modus operandi of Bullion Buyer Ltd.
Public Law 119-94 requires the Secretary of the Treasury to mint and issue palladium bullion coins weighing one troy ounce of .9995 fine palladium, with a face value of $25.00, in such quantities as the Secretary determines appropriate to meet demand.
Tom Smelker, the director of Treasury Operations in the Comptroller's office, will serve as the state's first Texas Bullion Depository administrator.
The growth of its bullion business follows the launch of its online precious metal trading website in 2014, which has close to 20,000 accounts.
Government has mandated MMTC Ltd., A Government of India Enterprise, under the Ministry of Commerce and Industry, Department of Commerce to launch the Indian Gold Coin and the Indian Gold Bullion. These will be minted by the Security Printing and Minting Corporation of India Limited (SPMCIL) and hallmarked by the Bureau of Indian Standards (BIS).
The Mint said it has seen a 57% increase in bullion sales since launching the website.
We are truly excited to be collaborating with Bullion Capital and to be the first broker in South America to offer investors such pioneering market solutions to help them achieve their financial goals".
Signature Gold joins The Royal Mint's current range of bullion products, which includes gold and silver coins and bars.
Padraig Seif, Finemetal Asia CEO, commented on the new partnership stating that, "Finemetal Asia is delighted to have established this new collaboration with Bullion Capital and we are excited at the new proposition Bullion Capital brings to the industry.
Gold Bullion proposes, subject to regulatory and TSX Venture Exchange approval, to distribute the units to shareholders of Gold Bullion.