Glossary

Bullion

DEFINITION

Bullion is highly pure gold or silver, usually made into bars or coins. Its value is based on its weight and purity, and investors often use it to diversify their portfolios.

ELI5

Bullion is real gold or silver in simple shapes like bars or coins. People buy it because it can hold value and add variety to their investments.

Other related terms

LIBOR

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Balance Transfer

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Buyer's Stamp Duty (BSD)

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Savings Insurance

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