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Gold

All terms and concepts related to the precious metal gold, including its price, trading, investment, and its use as a store of value.

Tola
In the world of finance, it is important to understand the various units of measurement. One such unit is the Tola, which equals 11.7 grams or 180 grains or 0.375 troy ounce...
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Slabbed coins
Coins that have been encapsulated in plastic for protection against damage are known as slabbed coins. These coins are typically graded by one of the two main grading servic...
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Ounce/Troy ounce
Let's discuss the concept of ounces, a commonly used unit of measurement in the finance world. An ounce, specifically a troy ounce, is equivalent to 31.1035 grams. This unit...
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Nugget
The Nugget is a contemporary gold bullion coin, with a purity level of .9999, minted by Australia. It holds a significant value in the world of finance, owing to its high pu...
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Mint mark
A coin's mint mark serves as a distinguishing factor, denoting the specific minting facility where it was produced. This letter or symbol is typically found on the reverse s...
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Metric ton
It is commonly used in the world of finance, particularly in the commodities market, as a unit of measurement for the trade of precious metals such as gold and silver. In t...
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Medallion
It is given to taxi drivers who have completed 20 years in the industry. A medallion, much like a coin, is a round piece of metal with a significant purpose in the world of ...
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Legend
In the world of finance, a legend refers to the inscription found on a coin. This inscription often includes the name of the issuing authority, the denomination, and the dat...
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Krugerrand
A valuable investment in the world of finance is the Krugerrand, a gold coin originating from South Africa. Its name is derived from the combination of the country's first p...
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Koala
Let's dive into the world of finance and discuss an interesting aspect - the Koala, a platinum coin that originated in Australia back in 1987. This particular coin holds sig...
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Kilo bar
A kilo bar, also known as a kilogram bar, is a unit of measure in the world of finance. It weighs one kilogram, which is equivalent to approximately 32.1507 troy ounces. Thi...
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Karat
In the realm of finance and precious metals, the term 'karat' holds significant value. It is a unit used to measure the purity of metals such as gold, silver, and platinum. F...
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Hallmark
A hallmark is a distinct mark or stamp that serves as an identifier for the producer of a bullion item. This mark is an essential aspect of the bullion trade as it provides ...
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Fineness
In the world of finance, one important term to understand is fineness. It refers to the purity of a precious metal, typically measured in 1,000 parts of an alloy. For exampl...
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Fine weight
Fine weight refers to the pure weight of a coin, ingot, or bar, exclusive of any added alloying metals. This is a crucial concept to understand in the world of finance, as i...
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Field
In the world of numismatics, the field refers to the unembellished space on a coin. This blank area serves as the backdrop for the raised design elements. As we examine the f...
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Fiat money
In the world of finance, we often come across the term "fiat money." But what exactly does it mean? To put it simply, fiat money refers to paper money that has been declared...
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Bullion coin
A bullion coin holds both a symbolic face value and a tradeable price based on its intrinsic worth. It differs from regular currency in that the value is not backed by a gov...
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