Angel One - Share Market Trading and Stock Broking
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

Bullion coin

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

MORE
Kilo bar

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

MORE
Field

Understand the meaning and definition of Field 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
Metric ton

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

MORE
Ounce/Troy ounce

Understand the meaning and definition of Ounce/Troy ounce in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 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