“Bullion” is any metal deemed to be precious if it is rare. Precious metals in bulk form are known as bullion, and are traded on commodity markets. The defining attribute of bullion is that it is valued by its mass and purity, rather than by its face value as money.
Bullion metals include gold, silver, platinum, and palladium, and may be cast into ingots or minted into bars, rounds or coins.
The bullion reserve of a country is the indicator of the amount of wealth a country possesses. Bullion is defined as a bulk quantity of precious metals consisting of gold, silver and others that can be assessed by weight and cast as a lump. Bullion is valued by its purity and mass rather than its face value which is applicable in the case of money.
1 gram = 0.0321507465 troy ounces
Bar weights and their agreed fine Gold content in Troy Ounces
|Gross weight||995.0 assay||999.0 assay||999.9 assay|
Bullion Trading with Penta Gold Ltd.
Penta Gold Limited (PGPL) offers its registered clients opportunity to purchase bullion at a very competitive rates. PGPL only deals in LBMA Good delivery bars in the denominations of 1kg (995) and 100 gm (999). In addition to this PGPL also sells its own gold / silver coins in various denominations of 1 gm, 2 gm, 5 gm and 10 gm respectively. The coins are available at lower prices as compared to banks and local jewelers. PGPL gives the guarantee for the purity and weight of its coins which are available in tamper proof packaging material. PGPL is in a process of establishing its Online trading Platform, which will be available shortly to the registered clients for purchase of bullion. Till that time clients can purchase the bullion bars and coins by contacting us at 022-22402255.