01glossary
Glossary.
Find here some of the frequent terms of the precious metal industry
02terminology
A
- Asset Manager
- A financial professional or institution that manages investment portfolios, including precious metals, for individuals and organizations. Their goal is to optimize returns while managing risk.
- aXedras
- A blockchain-based platform that enables digitalization and traceability of precious metal transactions.
B
- Blockchain
- A decentralized and secure digital ledger technology that records transactions transparently and immutably.
C
- Crypto-token
- A digital asset issued on a blockchain, which can represent ownership, rights, or value.
D
- Depository
- A secure facility that stores precious metals and financial assets on behalf of investors and institutions. It provides safekeeping, auditing, and sometimes trading services.
- Distributed Ledger Technology (DLT)
- A system that allows multiple participants to maintain and update a shared digital ledger without a central authority.
G
- Gold
- A precious metal known for its value, durability, and use in investment, jewelry, and industry.
- Gold Mines
- Facilities where gold ore is extracted from the earth. Mining operations can be open-pit or underground and play a key role in the global gold supply chain.
I
- Investor
- An individual or entity that allocates capital to assets, such as gold or silver, with the expectation of financial returns. Investors range from private individuals to large institutions.
L
- LBMA (London Bullion Market Association)
- An international trade association that sets standards for the global wholesale market of gold and silver.
- Logistic Corps
- Specialized companies that transport and handle precious metals securely. They ensure insured, tracked, and protected delivery between refineries, vaults, and financial institutions.
M
- MiCAR (Markets in Crypto-Assets Regulation)
- A European Union regulatory framework that establishes rules for crypto-assets, including tokens and stablecoins.
- Miner
- An entity or individual that extracts precious metals, such as gold or silver, from the earth.
- Mints & Bullion Producers
- Companies that manufacture investment-grade precious metal coins and bars. They ensure high-quality production and often operate under strict regulatory standards.
P
- Palladium
- A precious metal primarily used in catalytic converters, electronics, and investment.
- Platinum
- A rare and valuable metal used in jewelry, automotive catalysts, and industrial processes.
R
- Refinery
- A company that processes raw precious metals to produce high-purity bullion for industrial or investment use.
S
- Silver
- A versatile precious metal used in investment, electronics, jewelry, and industrial applications.
V
- Vault
- A highly secure facility for storing precious metals and other valuable assets.
W
- Warehouse Warrant
- A document that serves as proof of ownership for commodities stored in a warehouse, often used in trading and financing.
- World Gold Council
- An organization that promotes the gold industry, conducts research, and sets best practices for gold investment.