What Is Bullion?
Is it the big geometric shaped gold bars we’ve seen stacked in a James Bond movie? Is it pirate ship gold fished from a shipwreck at the bottom of the ocean? Gold bullion is physical gold—typically bars and coins—with a minimum purity of 99.5% for gold bars and typically no less than 90% purity for gold coins. Investors normally seek gold bullion because of its ability to: Store value Diversify a portfolio Serve as an inflation hedge Provide a safety net as a safe haven... Continue Reading