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14 Precious Metals Terms All Investors Should Know

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14 Precious Metals Terms All Investors Should Know

Are you new to precious metals investing? Wondering why people want to buy "junk" silver, or what "fineness" is? Our friends at the Perth Mint Bullion Blog have put together a quick little glossary of terms to get you started.

We'd like to add a little something to that list: ASW and AGW stand for "Actual Silver Weight" and "Actual Gold Weight," and correspond to "fine weight" in the Perth Mint article. The ASW is the amount of pure silver contained in the coin's alloy, and AGW is the amount of gold contained in a coin's alloy.

About the Author

Everett Millman

Steven Cochran

Precious Metals Market Analyst
BS University of South Florida (2002)

A published writer, Steven's coverage of precious metals goes beyond the daily news to explain how ancillary factors affect the market.

Steven specializes in market analysis with an emphasis on stocks, corporate bonds, and government debt. He writes a monthly review of the precious metals markets for SurvivalBlog.com.

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