Gold Bullion

Bullion is gold, silver, or other precious metals in the form of bars, ingots, or specialized coins that is said to maintain its worth better than conventional currencies and is therefore kept as a form of emergency currency by both governments and private citizens alike.

Gold would include various forms of gold like coins, bars and other forms of the metal. When you talk of bullion, it also includes other precious metals like silver and platinum. ... Another difference between gold and bullion, is that you always say gold was traded in the bullion market.

In essence, gold parity standard is the modern version of the gold standard. It came into force with the establishment of the International Monetary Fund (IMF) in 1946. Under this standard, every member country has to define the par value of its currency in terms of gold in order to determine the exchange rate.

Gold Bullion For Sale!

Currencies come and go, but gold has been a store of value for more than 5,000 years. Gold is rare, but, thanks to Gutenberg, paper money is not. ... According to former Fed chairman Alan Greenspan: "There is no inherent anchor in a fiat-money regime [a currency not underpinned by gold].