Gold Bullion

$5,800.00

Gold bullion refers to physical, investment-grade gold (or other precious metals) with a high degree of purity, typically in the form of bars, ingots, or coins. Its value is primarily determined by its metal content and current market price, rather than rarity or artistic design.

Description

Key Characteristics
Purity: Investment-grade gold bullion must have a minimum fineness of 99.5% (or 995.0 parts per thousand) fine gold, though many products are 99.99% pure (24-karat).

Forms: The most common forms are bars (also called ingots) and coins. Bars often range in size from as little as 1 gram up to 400 troy ounces or 1-kilogram bars, while coins are typically 1 ounce.

Purpose: It is used by central banks and investors as a reserve asset, a hedge against inflation, and a way to diversify investment portfolios.
Valuation: The price is closely linked to the global gold “spot price,” with a premium added to cover refining, manufacturing, and shipping costs.
Investing in Gold Bullion