Glossary Background

Bullion refers to precious metals like gold, silver, platinum, and other non-ferrous metals that are refined to a high degree of purity. These metals are typically shaped into bars, coins, or ingots for trading or investment purposes. Bullion is valued based on its weight and purity, and it is often seen as a store of value or a hedge against inflation and economic uncertainty. Investors and collectors may buy bullion for its intrinsic value, rather than for its form as a coin or bar.