gold bullion

gold bullion definition - finance
Gold that is in its purest form, usually in the form of ingots or bars, and is regarded as a raw material. It is investment-grade, pure gold, which may be smelted into gold coins or gold bars.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

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