GLOSSARY

Allocated gold

Refers to physical bullion that is stored in a professional vault for safekeeping whose outright ownership belongs to the investor of the stored gold.

Alloy

An alloy is any metal made by combining two or more metallic elements. The combination of different metals imparts better properties to the final metal.

Antique Jewellery

The term is used to refer to either very old jewellery that has been owned previously or jewellery that has been created using very traditional styles associated with a bygone era.

Assaying

The process carried out to measure and test the precious metal composition is called assaying. It ensures that the gold coins or bars produced by a mint meet the ideal purity standards.

Asset class

Asset class is an investment option available to the investors. Gold is a popular asset class in which many prefer to invest.