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The term bullion refers to precious metals in the processed forms of ingots or bars and which are traded on commodities markets.
The demand for both bullion and jewelry has seen a sharp increase ahead of the Indian wedding season and Hindu religious festivals that begin in September.
Precious metals traded include gold, silver, platinum and palladium, among others. When they are cast into ingots or bars, they become bullion. Purity and mass are the main categories according to which the value of bullion is measured. Coins minted from precious metals are not usually referred to as bullion. Some investors purchase bullion as a hedge against inflation.
Termín kov ve slitcích označuje drahé kovy ve zpracované formě ingotů nebo prutů, se kterými se obchoduje na trhu komodit.
Poptávka po kovech ve slitcích i po špercích zaznamenala prudký nárůst před sezónním obdobím indických námluv a hinduistických slavností, které začínají v září.
Obchodované drahé kovy zahrnují, kromě jiných, zlato, stříbro, platinu a palladium. Když se odlijí do ingotů nebo prutů, stane se z nich neražený kov. Hlavními kategoriemi, podle kterých se posuzuje hodnota neraženého kovu, jsou čistota a hmotnost. Mince ražené z drahých kovů se obvykle neoznačují jako „kov ve slitcích“. Někteří investoři kupují neražené kovy jako zajištění proti inflaci.
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English Editorial Services’ mission is to assist international businesses and organizations of all sizes to communicate clearly, correctly, and persuasively with their business partners and target audiences.
Simply subscribe to receive our Business Term of the Day at no charge to your inbox each business day, with explanation in English and Czech.
