GOLD AND SILVER BULLION

Sydney Gold Traders

Gold and silver bullion are these precious metals in their purest forms. Bullion is one of the most popular ways for investors to benefit from the rarity of precious metals.
Bullion can be in the form of bars, wafers and bullion coins.
Gold Bullion is typically 99.99% pure and Silver Bullion 99.9% pure. These purities are often shortened to “4 9’s gold” and “3 9’s silver”. Your bar or coin may be stamped 9999, 999.9 or 999,9 or something similar.
In addition to having a stamped purity a bullion bar must also bear a maker’s mark and guaranteed minimum weight.
Bullion is bought and sold buy its stamped weight, this is usually either in grams or troy ounces. A troy ounce is 31.1 grams.