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Gold Bullion
A gold bar, also called gold bullion or gold ingot, is a quantity of refined metallic gold of any shape that is made by a bar producer meeting standard conditions of manufacture, labeling, and record keeping. Larger gold bars that are produced by pouring the molten metal into molds are called ingots. Smaller bars may be manufactured by minting or stamping from appropriately rolled gold sheets. The standard gold bar held as gold reserves by central banks and traded among bullion dealers is the Good Delivery gold bar. The kilobar, which is in mass, and a 100 troy ounce gold bar are the bars that are more manageable and are used extensively for trading and investment. The premium on these bars when traded is very low over the spot value of the gold, making it ideal for small transfers between banks and traders. Most kilobars are flat, although some investors, particularly in Europe, prefer the brick shape. Types Based upon how they are manufactured, gold bars are categorized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bullion
Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. The term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French , "boiling". Although precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality. As investment The specifications of bullion are often regulated by market bodies or legislation. In the European Union, the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Avoirdupois
The avoirdupois system (; abbreviated avdp.) is a measurement system of weights that uses pounds and ounces as units. It was first commonly used in the 13th century AD and was updated in 1959. In 1959, by international agreement, the definitions of the pound and ounce became standardized in countries which use the pound as a unit of mass. The ''International Avoirdupois Pound'' was then created. It is the everyday system of weights used in the United States. It is still used, in varying degrees, in everyday life in the United Kingdom, Canada, New Zealand, Australia, and some other former British colonies, despite their official adoption of the metric system. The avoirdupois weight system's general attributes were originally developed for the international wool trade in the Late Middle Ages, when trade was in recovery. It was historically based on a physical standardized pound or "prototype weight" that could be divided into 16 ounces. There were a number of competing me ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Perth Mint
The Perth Mint is Australia's official bullion mint and wholly owned by the Government of Western Australia. Established on 20 June 1899, two years before Australia's Federation in 1901, the Perth Mint was the last of three Australian colonial branches of the United Kingdom's Royal Mint (after the now-defunct Sydney Mint and Melbourne Mint) intended to refine gold from the gold rushes and to mint gold sovereigns and half-sovereigns for the British Empire. Along with the Royal Australian Mint, which produces coins of the Australian dollar for circulation, the Perth Mint is the older of Australia's two mints issuing coins that are legal tender. History Perth Mint, as a business entity, was established during the 1890s, as a subsidiary of the Royal Mint in the United Kingdom. The foundation stone of the Mint building was laid in 1896 by Sir John Forrest. The building was officially opened on 20 June 1899. At that time, the population of Western Australia (WA) was growin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BullionByPost
BullionByPost is a British online bullion dealer based in Birmingham, which delivers gold and silver bars and coins to customers through the post. It is the UK's biggest online gold dealer. History The company was founded by entrepreneur Rob Halliday-Stein in 2009. In the 2012–2013 financial year, sales hit £87million with profits of £2 million. BullionByPost is a trading name of Jewellery Quarter Bullion Limited. In 2016 BullionByPost was described as Britain's biggest online gold dealer. At one point it had £5.6 million of sales in one day, beating its previous record (in 2014) of £4.4 million. Halliday-Stein ascribed the increase in sales to the possible election of Donald Trump as President of the United States, which had led to uncertainty in the market. BullionByPost was getting towards £10 million of sales per day later in 2016. Service Bullion By Post offers live product pricing based on the live metal prices, and the ability to order online, and have bullion del ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Métaux Précieux SA Métalor
The Metalor Group, previously Métaux Précieux SA Metalor, founded in 1852, is a subsidiary of Japan's Tanaka Kikinzoku Group. Metalor has become one of the major world suppliers of precious metals related products & procedures. It makes a wide array of alloys, especially for the watch and jewellery industry, supplying many of the Swiss watch brands, although it has expanded its activities far beyond its primary sector. History The roots of the company go back to the "preparatory rolling mill" founded in 1852 by Martin de Pury & Cie in Le Locle. This specialized in smelting gold and manufacturing watch cases. In 1864, the plant, which had five employees at the time, was taken over by the Banque du Locle. In 1918 the company became the property of the Swiss Bank Corporation Swiss Bank Corporation was a Swiss investment bank and financial services company located in Switzerland. Prior to its merger, the bank was the third largest in Switzerland with over CHF300 bi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heraeus
Heraeus is a German technology group with a focus on precious and special metals, medical technology, quartz glass, sensors and specialty light sources. Founded in Hanau in 1851, the company is one of the largest family-owned companies in Germany in terms of revenue. Heraeus employs approximately 16,200 people in 40 countries worldwide and generated a total revenue of 29.5 billion euro in 2021. History 1851 – 1895 In 1851, at the age of 24, the pharmacist and chemist Wilhelm Carl Heraeus took over his father's " Einhorn Apothecary" in Hanau. The business had been in the ownership of the Heraeus family since 1660, acting as an official court apothecary to local counts. Wilhelm Carl Heraeus began laying the foundations for a global family business, which has now been headquartered in Hanau, east of Frankfurt, for more than 150 years. At the time, Hanau was a town of goldsmiths. Since the end of the 18th century, platinum had been processed in the town for the production of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Emirates Gold
Emirates Gold is a precious metal refinery, bullion manufacturer, and dealer based in Dubai, United Arab Emirates. Working primarily with gold and silver, the company produces its own bullion (such as 995 and 999.9 purity kilobars) which is recognized internationally, as well as other products such as investment bars in sizes ranging from 1 gram to 100 grams, and customized coins and medals. Founded in 1992, it is one of the largest refineries in the Middle East. In 2017 at the Dubai Shopping Festival Dubai Shopping Festival (DSF; ar, مهرجان دبي للتسوق, Mahrajan Dubayy lil-tasawoq) is an annual event that runs for over a month displaying the very best the city of Dubai has to offer. Organised by the Dubai Festivals & Retail Est ..., ''Emirates Gold'' created the world's largest display of gold with of gold bars. Dubai is a very famous market fogoldbuying and selling and attract investors for making their profits. References {{reflist, 30em Companies based i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Baird & Co
Baird & Co. is the largest gold refiner and the only full-service bullion merchant in the United Kingdom. Founded by Tony Baird in 1967; Baird & Co. initially dealt in numismatic coins expanding into bullion bars and jewellery as time progressed. The company is headquartered in Hatton Garden, London, operating out of a 30,000 sq foot high-security refinery in Beckton and an international branch in Singapore. Operations The company primarily trades gold, silver, platinum, palladium and rhodium bars and numismatic coins. All are offered in a range of weights and sizes aimed at private investors, collectors and institutional clients. Baird and Co. also provides vaulting facilities, as well as manufacturing specialist alloys for industrial use. History Tony Baird began bartering coins at school but it was not until 1967, and the launch of the South African krugerrand The Krugerrand (; ) is a South African coin, first minted on 3 July 1967 to help market South African gold and p ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Metric System
The metric system is a system of measurement that succeeded the decimalised system based on the metre that had been introduced in France in the 1790s. The historical development of these systems culminated in the definition of the International System of Units (SI) in the mid-20th century, under the oversight of an international standards body. Adopting the metric system is known as ''metrication''. The historical evolution of metric systems has resulted in the recognition of several principles. Each of the fundamental dimensions of nature is expressed by a single base unit of measure. The definition of base units has increasingly been realised from natural principles, rather than by copies of physical artefacts. For quantities derived from the fundamental base units of the system, units derived from the base units are used—e.g., the square metre is the derived unit for area, a quantity derived from length. These derived units are coherent, which means that they inv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tael
Tael (),"Tael" entry at the OED Online. also known as the tahil and by other names, can refer to any one of several weight measures used in and . It usually refers to the Chinese ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tola (unit)
The tola ( hi, तोला; ur, تولا ''tolā'') also transliterated as tolah or tole, is a traditional Ancient Indian and South Asian unit of mass, now standardised as 180 grains () or exactly 3/8 troy ounce. It was the base unit of mass in the British Indian system of weights and measures introduced in 1833, although it had been in use for much longer.. It was also used in Aden and Zanzibar: in the latter, one tola was equivalent to 175.90 troy grains (0.97722222 British tolas, or 11.33980925 grams). The tola is a Vedic measure, with the name derived from the Sanskrit ''tol'' (तोलः root तुल्) meaning "weighing" or "weight". One tola was traditionally the weight of 100 ratti (ruttee) seeds, Martin, Robert Montgomery. ''Statistics of the colonies of the British empire'', London: W.H. Allen and Co., 1839, p. 143. and its exact weight varied according to locality. However, it is also a convenient mass for a coin: several pre-colonial coins, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Provenance
Provenance (from the French ''provenir'', 'to come from/forth') is the chronology of the ownership, custody or location of a historical object. The term was originally mostly used in relation to works of art but is now used in similar senses in a wide range of fields, including archaeology, paleontology, archives, manuscripts, printed books, the circular economy, and science and computing. The primary purpose of tracing the provenance of an object or entity is normally to provide contextual and circumstantial evidence for its original production or discovery, by establishing, as far as practicable, its later history, especially the sequences of its formal ownership, custody and places of storage. The practice has a particular value in helping authenticate objects. Comparative techniques, expert opinions and the results of scientific tests may also be used to these ends, but establishing provenance is essentially a matter of documentation. The term dates to the 1780s in Englis ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
