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The Gold Glossary

Gold Glossary

  • 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.

  • Bullion

    Bullion includes precious metals in the form of bars of minimum 99.5% purity.

  • Bullion coin

    It is a coin, which possesses a symbolic face value and trades at a price with respect to its intrinsic value.