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6. Bullion- The word ‘bullion’ has a very simple definition:
a refined and stamped weight of precious metal.
Examples of gold bullion include: gold bars and gold non-
numismatic coins. Examples of silver bullion include: silver bars
and silver non-numismatic coins. Sometime bullion is called
physical bullion in order to emphasize that one means bullion -
real, tangible asset, instead of its paper counterpart (like CFD for
gold or silver).

7. Precious Metal Refining Process

8. Refining Gold Dore

9. https://www.primaryinfo.com/projects/gold-dore-refining.htm
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