As at March 2009 the US held 8,133.5 tonnes of gold.
Bullion is the physical form of gold and silver held as bars, ingots, or coins.
Bars of gold and silver are commonly known as bullion bars, and many investors purchase them as a reliable store of value. For the best prices, investors can compare options from online dealers like APMEX, JM Bullion, SD Bullion, and Hero Bullion, or use comparison sites like FindBullion to find competitive pricing. Local coin dealers are also a great option for those who prefer in-person transactions.
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Because they mostly have a collectible value.
The price of gold and silver bullion completely depends on the spot price and the mark up the dealer puts on the bullion. The best way to get an accurate estimate is to call or email the dealer. The company that I do all of my buying and selling is Dallas Gold & Silver Exchange. Their website is http://www.dgse.com. Hope this Helps!!
Bullion refers to a precious metal, most commonly gold and silver when dealing with coins, but there are many other precious metals that could be referred to as bullion. The bullion value of anything, such as a coin, is the value of the gold it is made from and has nothing to do with the coin itself. The bullion value of any precious metal will change on an hourly basis entirely on the whims of the market.
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Sorry but gold is not referred as bullion but you have one of the bullions in form of gold. You call a bar of precious metal as bullion. It may be of gold or silver or any other precious metal. Bullion derived from a French word means which can be boiled ie melted.
Silver bullion is privately manufactured silver in silver rounds or bars. Silver bullion is typically purchased at a lower premium than silver coins, and its value closely tracks the spot price of silver. There is so many coin dealer like Apmex, JM bullion, SD bullion, etc. this dealer gives more discount. In Mar 2022, I purchased a 1 Oz silver round which is good.
Bullion vault is an internet gold and silver bullion exchange. The purpose is for people to have a place to hold their gold and silver, which creates a legal bailment. Users of Bullion Vault are able to buy and sell their gold at prices set by themselves, which ensures an open and competitive market.
The Federal government does not provide that information so any values are speculative.
IntrinsicIn the case of gold and silver coins, it is usually called bullion value or 'melt' value.For numismatics the term intrinsic is used the describe the value of a coin for the gold or silver or platinum in it.