gold certificate

Gold Certificate

A certificate of ownership that gold investors hold instead of storing the actual gold bullion.

Investopedia Commentary

Gold certificates allow investors to buy and sell the security without the hassles associated with the transfer of actual physical gold.

Related Links

Using Technical Analysis in the Gold Markets
The Gold Standard Revisited
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See also: Bullion, Fool's Gold, Gold Fix, Gold Standard

gold certificate

A receipt of ownership for a stated quantity of gold. A certificate, usually issued by a major bank, allows an investor to own gold without actually taking possession of the metal. A commission is generally charged at the time of purchase.