Precious metals definition
Examples of Precious metals in a sentence
Precious metals are not covered by SIPC account protection, but are insured by the depository at market value if stored through NFS.
Bullion and Precious metals transactions give rise to substantial risk and are not suitable for all investors.
The Ineligible investments include, but are not limited to: ▪ Insurance products ▪ Annuities ▪ Certain limited partnership interests or units (i.e., those that are not publicly traded) ▪ Unit investment trusts ▪ Precious metals or other commodities or futures or options thereon ▪ Currency options or foreign currency ▪ Initial Public Offerings The Broker Dealer reserves the right to amend the list of Eligible and Ineligible investments at any time.
Precious metals that have lower precious metal content, which may include some numismatics, will have a lower “melt value”, which is determined by multiplying the precious metal content of a coin or bar by its spot price.
Precious metals transferred from another depository account holder are subject to a settlement period of up to ten (10) Business Days and may not be sold, withdrawn or otherwise transferred during the settlement period unless approved by us.