Bullion Terms

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Ask PriceBuy price. The price a buyer is willing to pay for a product.

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Bid PriceThe price a seller is willing to accept for a product.
BullionBullion usually refer to gold, silver, or other precious metals in the form of bars, ingots, or specialized coins.
Bull MarketA upward price trend or 'uptrend' over time.
Bear MarketA downward price trend or 'downtrend' over time.

C
CME Group Inc.the world’s leading and most diverse derivatives marketplace with exchanges that offer the widest range of global benchmark products across all major asset classes, including derivatives based on interest rates, foreign exchange, metals and weather, as well as clearing services for exchange traded and over-the-counter products.
CommodityAny product approved and designated for trading or clearing in accordance with the rules of an exchange. Silver, gold, platinum, and palladium metals are all commodities.
Central BankA government bank that is responsible for the establishment and maintenance of the nation’s fiscal and monetary policy, as well as for controlling interest rates and money supply.

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Double BottomChart pattern that occurs when the underlying investment moves in a similar pattern to the letter "W".
Double TopChart pattern that occurs when the underlying investment moves in a similar pattern to the letter "M".

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ExchangeAn exchange is an open, organised marketplace for commodities, stocks, securities, derivatives and other financial instruments. A centralized market like the New York Stock Exchange.
EETEastern European Time.

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Fiat CurrencyGovernment issued money which is not backed by gold or silver.
FundamentalsThe study of basic underlying economic factors which apply to the state of business.