Skip to main content
Gold

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 example, a gold bar with a fineness of .995 would consist of 995 parts gold and 5 parts of another metal. This measurement is crucial in determining the value and quality of precious metals, making it a key concept for any student or practitioner of finance.

Related terms

Hallmark

Understand the meaning and definition of Hallmark in the context of stock market, trading, and investments.

MORE
Koala

Understand the meaning and definition of Koala in the context of stock market, trading, and investments.

MORE
Legend

Understand the meaning and definition of Legend in the context of stock market, trading, and investments.

MORE
Medallion

Understand the meaning and definition of Medallion in the context of stock market, trading, and investments.

MORE
Bullion coin

Understand the meaning and definition of Bullion coin in the context of stock market, trading, and investments.

MORE
Fine weight

Understand the meaning and definition of Fine weight in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.5 Cr+ happy customers
+91