Bullion
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Bullion refers to , such as gold, silver, platinum, or palladium, that are typically in the form of , or and are valued primarily for their intrinsic metal content rather than their (collectible) value.
Bullion is often used as a store of value, a means of investment, and a hedge against economic uncertainty or . It is typically traded in the global commodity markets and can be bought or sold based on its weight and purity, with prices determined by supply and demand dynamics in these markets. Bullion is often considered a reliable and tangible asset because its value is not dependent on the financial stability of a particular issuer, as is the case with paper currency or stocks.
The most common sizes of precious metal/bullion bars include:
1
These are small and convenient bars for individual investors. They are often used as a way to buy or sell small quantities of precious metals. They are popular for their affordability and ease of storage.
100 Gram (3.215 )
The smallest of the metric bars available, these bars share similar traits to the smaller 1 troy-ounce bars in terms of affordability and ease of storage.
5
Slightly larger than the 1 troy-ounce bars, these offer a bit more value for investors while remaining relatively compact and easy to store.
10
These bars are a popular choice for investors who want to acquire a larger quantity of precious metals while maintaining a manageable size. They are often used for both investment and collection purposes.
1 Kilogram (32.15 )
These bars are considerably larger and are typically preferred by serious investors or those who want to accumulate a significant amount of precious metals. They offer economies of scale in terms of price per ounce but are less liquid than smaller bars.
100
These larger bars are often used by institutional investors, banks, and those looking to store a substantial amount of precious metals. They are less common among individual investors due to their size and cost.
400 ()
These are the standard bars used in international trade and held in central bank reserves. They are rarely owned by individual investors due to their substantial size and value.
Custom Sizes
Some mints and refiners produce bars in custom sizes to cater to specific preferences or market demands. These may include odd weights, commemorative bars, or specialty sizes.
It's important to note that the availability of specific bar sizes can vary depending on the mint or refiner. Additionally, the premium (the price above the spot price of the metal) may vary for different bar sizes, with smaller bars often having higher premiums.
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