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Gold Bar
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 Units of measurement, weights that uses pound (mass), 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 yard and pound, 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 Commonwealth of Nations, former British colonies, despite their Metrication, 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 pound (mass), physical st ... [...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. Operations have expanded to refining precious metals and producing bullion. In 1936, the bank association founded Métaux Précieux S.A. Metalor in Le Locle. As a result, production activities were init ... [...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 |
