Bullion Market
The Bullion Market is a marketplace where precious metals, primarily gold and silver, are traded in bulk. Investors and traders buy and sell these metals in the form of bars, coins, or ingots, often as a hedge against inflation or economic uncertainty. Prices in the bullion market fluctuate based on supply and demand, geopolitical events, and currency values.
In addition to physical trading, the bullion market includes financial instruments like futures and options. Major global exchanges, such as the London Bullion Market Association (LBMA), facilitate these transactions, ensuring transparency and standardization. The market plays a crucial role in determining the value of precious metals worldwide.