Editing Bullion (section)

== As investment ==
The specifications of bullion are often regulated by market bodies or legislation. In the [[European Union]], the minimum purity for gold to be referred to as "bullion", which is treated as investment gold with regard to taxation, is 99.5% for gold bullion bars and 90% for [[bullion coins]].<ref>[http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:31998L0080:en:HTML Council Directive 98/80/EC] {{Webarchive|url=https://web.archive.org/web/20121028010733/http://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:31998L0080:en:HTML |date=2012-10-28 }} of 12 October 1998 – Special scheme for investment gold.</ref> Investors may choose to purchase physical bullion for several reasons {{Ndash}}to attempt to hedge against currency risks, inflation risks, or geopolitical risks, or even just to add diversification to an investment portfolio.<ref>{{Cite web |title=Article: Gold Is No Safe Investment {{!}} CFTC |url=https://www.cftc.gov/LearnAndProtect/AdvisoriesAndArticles/gold_is_no_safe_investment.htm |access-date=2024-01-21 |website=www.cftc.gov |language=en}}</ref>