Gold bars


Bars with a minimum content of 99.5% (two nines five in trader jargon; typically traded gold is four nines pure or 99.99%) gold, which may be held by central banks or traded by investors.

Investing Essentials

Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University

Term of the Day

Expected future return

The return that is expected to be earned on an asset in the future. Also called the expected return.

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