- Bullion Market
A forum through which buyers and sellers trade pure gold and silver. The bullion market is open 24 hours a day and is primarily an over-the-counter market, with most trading based in
. The bullion market has a high turnover rate and most transactions are conducted electronically or by phone. Gold and silver derive their value from their industrial and commercial uses; they can also act as a hedge against inflation. London
The bullion market is just one of several ways to invest in gold and silver. Other options include exchange-traded funds, futures, options and mutual funds; these can be more appealing to investors, because they offer greater flexibility. Bullion offers less trading flexibility than other gold and silver investments, because it is a tangible object that comes in bars and coins of established sizes, which can be difficult to buy or sell in specific amounts. Bullion is also expensive to store and insure.
Investment dictionary. Academic. 2012.
Look at other dictionaries:
London Bullion Market — Der London Bullion Market (engl. bullion: ungemünztes Edelmetall) ist der wichtigste außerbörsliche Handelsplatz für Gold und Silber sowie einer der global bedeutenden Rohstoffhandelsplätze in London. Hier wird seit 1919 der Weltmarktpreis für… … Deutsch Wikipedia
London bullion market — The London bullion market, is entirely different from, but often confused with the London Metal Exchange. Only base metals are traded at the London Metal Exchange (LME), while gold and silver are traded by members of the London Bullion Market… … Wikipedia
London Bullion Market — The world s largest market for gold and silver trading. Market makers mainly quote prices in US dollars per troy ounce for spot and forward delivery. It is operated by the London Bullion Market Association (LBMA), whose primary task is to ensure… … Accounting dictionary
London Bullion Market — The world s largest market for gold and silver trading. Market makers mainly quote prices in US dollars per troy ounce for spot and forward delivery. It is operated by the London Bullion Market Association (LBMA), whose primary task is to ensure… … Big dictionary of business and management
London Bullion Market — /ˌlʌndən bυliən ˌmɑ:kɪt/ noun an international market dealing in gold and silver bullion and gold coins … Dictionary of banking and finance
London Bullion Market Association — ► See LBMA … Financial and business terms
bullion — Gold, silver, or some other precious metal used in bulk, i. e. in the form of bars or ingots rather than in coin. Central banks use gold bullion in the settlement of international debts. In the London bullion market, bullion brokers act as agents … Big dictionary of business and management
bullion — bul‧lion [ˈbʊljən] noun [uncountable] FINANCE bars of gold, silver, or platinum of an officially approved quality, valued by weight rather than what they would be worth as coins: • The price of gold bullion remains a sensitive index of confidence … Financial and business terms
Money market in India — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond … Wikipedia
money market — The wholesale market for short term loans and debt instruments. In the UK, money brokers arrange for loans between the banks, the government, the discount houses, and the accepting houses, with the Bank of England acting as lender of last resort … Big dictionary of business and management