Purity and form
Bullion is gold or silver that is officially recognised as being at least 99.5% pure for gold and 99.9% pure for silver. It comes as bars, ingots or coins, and most of its worth lies in the metal itself.
Who makes it
Good bullion comes from accredited refiners and mints. We source ours from The Royal Mint, PAMP Suisse, Metalor, Perth Mint, Umicore and Baird & Co. LBMA approval is a well-known industry standard for refiners.
Why it costs more than spot
The spot price is a market reference for the metal on its own. A finished coin or bar also has to pay for minting, manufacturing and refining, plus brokerage, transport and insurance. That is the reason physical gold sits above spot.
Before you buy
Check the weight, the purity, the maker and the year, and ask for the full price. Think about how you might sell later, and remember that gold pays no interest or income while you hold it.
