Bullion

What Does Bullion Mean?
Gold and silver that is officially recognized as high quality (at least 99.5% pure), and is in the form of bars rather than coins.

Investopedia explains Bullion
Traditionally, bullion has been a good hedge against inflation.

Filed Under: Derivatives, Futures

Related Terms

Bimetallic Standard
Fool's Gold
Gold Bug
Gold Bull
Hard Money
Hedge
Inflation
Ingot
Precious Metal
Unparted Bullion
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