Tuesday, June 30th, 2009 | Posted by

What is Gold Bullion

Gold bullion is a term used to describe gold which has been minted and made into gold coins.

Gold bullion is nominally issued as legal tender, in other words you could use it to purchase goods and services but the value of the bullion is far greater than the face value of the coinage.

So in reality this would never happen and investors buy gold bullion and buy gold bar for the potential of its speculative value.

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Link to this article: : http://www.goldmadesimplenews.com/gold/what-is-gold-bullion-464/

Posted by on Jun 30 2009. Filed under Gold News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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