Gold
Definition
What is Gold?
A precious metalA scarce metal commonly held for industrial use, jewellery, or investment. used as jewellery, an industrial input, a reserve asset, and an investmentAn asset or commitment of money made with the expectation of future income, growth, or both..
Example in practice
How This Looks in Practice
An investorA person or organisation that commits capital with the expectation of a financial return. buys allocated goldGold held as specifically identified bars owned by the investor. to diversify a portfolioThe complete collection of investments owned by an investor or managed under one mandate..
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Related Terms
Precious Metal
A scarce metal commonly held for industrial use, jewellery, or investment.
CommoditiesSilver
A precious metal with both investment demand and extensive industrial use.
CommoditiesBullion
Precious metal in standardised bars, ingots, or coins valued mainly by metal content.
Alternative InvestmentsRoyalty Company
A company that finances producers in exchange for a percentage of revenue or output.