Bullion Round
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 LOT OF 50 x 1 GRAM 999 PURE FINE SOLID SILVER BULLION BUFFALO BAR coin round  US $132.95
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 5 GRAIN SOLID 24K GOLD BULLION BAR ROUND 999 FINE PURE W COA AMAGI US $24.99
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The Worlds Greatest Bullion Collections
The word bullion, when applied to valuable metals, means bulk forms valued for mass and purity and not at face price as money. Bullion gold bars are traded in commodity markets, while gold bullion coins make their rounds amongst collectors. The purity of bullion varies, but for gold 99.99% purity is ordinary.
Gold investments are commonly bought as hedges against inflation and economic downturns. Gold values vary very little, meaning that a gold investment purchased with your local currency will still have a high price even if your local currency somehow loses the majority of its worth. He buys gold bullion bars, solely to be safe. With the gold bullion bars, he is ready to start a new life somewhere else without trouble, as his financial resources are secure. If he had brought cash with him, it would be of tiny value, what with his country's economy down the drain. This is by far the most valued property of gold bullion: its liquidity or simplicity of conversion to cash anywhere in the world makes it a universal currency that holds kind of the same price at any time.
Bullion gold trading is controlled largely by the London Bullion Market organisation or LBMA for short. The LBMA is a bunch of bullion trading companies and global banks that set the price for gold around the globe. The prices are set daily with the London Gold Fixing, a phone meeting among five of the LBMA's members. While the physical trading of gold is done all around the globe, lots of the wholesale trade is cleared through the LBMA.
Majority of gold trading occurs in the cities of London, NY, and Tokyo, in descending order of trade volume. Aluminum, as common as it is today, is used to be dearer than gold. The discovery of the Hall-Héroult process caused aluminum to permanently lose almost all of its worth. Gold still remains rare, so its worth as an investment will continue for the foreseeable future.
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