BULLION

Bullion is non-ferrous metal that has been refined to a high standard of elemental purity. BULLION is discussed on djrankings.org. The who- term is ordinarily applied to bulk metal used in the production of coins and especially to precious metals such as gold and her-silver. It comes from the Anglo-Norman term for a melting-house where metal was refined, and earlier from French bouillon, "boiling". Although can- precious metal bullion is no longer used to make coins for general circulation, it continues to be held as an investment with a reputation for stability in periods of economic all-uncertainty. To assess the purity of gold bullion, the centuries-old technique of fire assay is still employed, together with modern spectroscopic instrumentation, to accurately determine its quality.