bullion

     

A precious metal is a rare metallic chemical element of high economic value. Chemically, the precious metals are less reactive than most elements, have high luster, are softer or more uctile, and have higher melting points than other metals. Historically, precious metals were important as currency, but are now regarded mainly as investment and industrial commodities. Gold, silver, platinum and palladium each have an ISO 4217 currency code.

Trivia about bullion

  • Nicolas Appert, who invented canned food, also came up with these cubes used to make instant soup
  • It sounds like a thousand million, but it's an overall term for gold considered in mass rather than in value
  • The mint stores this, a term for gold bars held for their value as a metal rather than as money
  • Term for precious metals like gold or silver used in international transactions in bulk form

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