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Apr 4, 2024

[Answer] Selling gold or silver in bulk is called what?

Step 1 : Introduction to the question "Selling gold or silver in bulk is called what?"



...Bullion is gold or silver that is at least 99.5% to 99.9% pure and often comes in bars or ingots. Around 20% of mined gold is held by central banks worldwide as a reserve asset, but people can invest directly into bullion and it’s also traded on most markets. Fear of government or financial collapse will often increase the value of bullion as it’s considered a safe-haven asset.




Step 2 : Answer to the question "Selling gold or silver in bulk is called what?"



Bullion:


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