What is a bullion?

Bullion refers to the bulk form of precious metals.One of the largest bullion coins in the world is the 10,000 dollar Australian Gold Nugget coin minted in Australia which consists of a full kilogram of 99.9% pure gold.

 

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A bullion is a bulk quantity of precious metal, usually gold or silver, assessed by weight and typically cast as ingots -- Its what define it way more easier than anything else.

 

Thanks Eufor . you have put it more clear and simple.

 

One question I have is , what would be the standards of measurement?

 

Would you please elaborate your query? I couldn't understand your question excuse me.

 

I thought yourare asking us wat the Bullion means lol and the guy above me certainly doesnt have any idea whats happening over here lol
anyways thanks for providing the much needed definition.

 

Lol, This is how we learn and practise things...good joke.

 

Not the correct forum I think This is about bullions (Gold, silver etc)

 

It refers to precious metals that is available in the form which carries primary value that is worth of metal.