A metal is deemed to be precious if it is rare. The discovery of new sources of ore or improvements in mining or refining processes may cause the value of a precious metal to diminish at least temporarily. The status of a “precious” metal can also be determined by high demand or market value.
Precious metals may be cast into ingots, or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money. Below you will find information on all of the precious metals available for bullion purchases.