Gold & Silver that is at least 99.5% - 99.9% pure & in the form of bars or ingots can be considered Bullion. Because of its purity, Bullion is often kept as a reserve asset by governments and central banks. As an asset, it is often referred to as "Sound Money" due to its resistance to inflation.
Regardless of how much fiat is printed, a Bullion will always hold its value based on its weight.
◼️ Bullion refers to physical gold and silver of high purity that is often kept in the form of bars, ingots, or coins.
◼️ Bullion can sometimes be considered legal tender, and is often held as reserves by central banks or held by institutional investors.
◼️ Investors can buy or sell bullion through dealers who are active on one of several global bullion markets.
◼️ Investing in gold and silver bullion can more easily be accomplished via exchange-traded funds (ETFs) or futures contracts.
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