Gold Coin


Gold Coin

1. A coin of gold bullion that may be bought and sold for investment. Most gold bullion is at least 99.9% pure. Gold coins, like all gold bullion, are commodities that investors often use as a hedge against recession and inflation. Thus, while they are volatile like most commodities, they always maintain a relatively high value. Gold coins are measured by mass and purity rather than face value.

2. A coin of a currency that is minted from gold and intended for circulation. See also: Kruggerand.