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Gold bullion bars and coins on display. Bullion refers to a very pure form of precious metal shaped into bars or coins.
Common bullion metals include gold, silver, and platinum. People often buy bullion as a way to own physical wealth. It has been valued for centuries and is still popular today.
Bullion usually comes in two main forms, and each has its uses:
Bars: Bars are solid pieces of metal that look like bricks. They can be small (like 1 ounce) or very large. Big investors might buy large gold bars to store a lot of value in one piece.
Coins: Coins are round and often made by government mints. Bullion coins have fancy designs and a stamped value, but their real worth comes from the metal inside. Many people collect coins or use them for smaller investments.
Both bars and coins are traded worldwide. Some prefer bars for bulk savings, while others like coins for their designs and ease of sharing or selling.
The price of bullion depends on market value, weight, and purity. Each metal has a market price (the price for gold, silver, etc., at the time). Heavier pieces with more metal cost more. For example, a one-ounce gold coin is worth about the same as one ounce of gold on the market. Purity is how pure the bullion is – most gold bullion is 99.9% pure (often called 24-karat gold). Bullion is valued mainly by its weight in pure metal, not by any face value as money.
Prices can change daily as the market price (or "spot price") goes up or down.
Did you know? Silver and platinum bullion work the same way. The price of a pure silver bar comes from its silver content and weight. If the market price of silver rises, the bar’s value rises, too.
Buying bullion is easy with The Bullion People Inc. You have two convenient options:
Buy Online: You can shop for gold or silver on our website. Browse coins and bars, add them to your cart, and check out securely. We will ship the bullion to your home or arrange a pickup. It’s a quick and safe process from the comfort of your home.
After buying bullion, it’s important to store it safely. Here are two popular storage options:
Store at Home: Many buyers keep their bullion at home. They might use a locked safe or hide the gold and silver in a secure place. If you store at home, be sure to keep your bullion in a dry place and consider telling only close family members. For extra safety, you can also insure your bullion against theft or loss.
Store in a Vault or Bank: Some people prefer to keep bullion in a bank’s safe deposit box or a private vault service. These are secure facilities that guard your precious metals. There is usually a small fee, but your bullion will be very well protected (often with cameras and security guards). Storing bullion outside your home means it’s safe from home risks, and you don’t have to worry about it daily.
No matter which option you choose, always ensure your bullion is protected. Gold and silver are valuable, so treating them like treasure is wise. Some of our customers start with home storage and later move to a bank vault as their collection grows.