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BIS Hallmark
It is a hallmarking system for gold and silver jewellery in India. Bureau of Indian Standards (BIS) Hallmark is used for certifying the purity of gold/silver. BIS Hallmark on a gold product certifies that it complies with the standards laid down by the Bureau of Indian Standards, the national standards organisation of India.
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Bullion
Bullion includes precious metals in the form of bars of minimum 99.5% purity.
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Bullion coin
It is a coin, which possesses a symbolic face value and trades at a price with respect to its intrinsic value.
