Find here some of the frequent terms of the precious metal industry
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.
Blockchain
A decentralized and secure digital ledger technology that records transactions transparently and immutably.
Crypto-token
A digital asset issued on a blockchain, which can represent ownership, rights, or value.
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.
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.
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.
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.
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.
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.
Refinery
A company that processes raw precious metals to produce high-purity bullion for industrial or investment use.
Silver
A versatile precious metal used in investment, electronics, jewelry, and industrial applications.
Vault
A highly secure facility for storing precious metals and other valuable assets.
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.