Precious metal "precious" metal can also be determined by high demand or market value. Precious metals in bulk form are known as bullion and are traded on commodity markets. Bullion metals may be cast into ingots or minted into coins. The defining attribute of bullion is that it is valued by its mass and purity rather than by a face value as money. The level of purity varies from issue to issue. "Three nines" (99.9%) purity is common. The purest mass-produced bullion coins are in the Canadian Gold Maple Leaf series, which go up to 99.999% purity. A 100% pure bullion is
Latin American economy consumption and foreign investment. The context of potential U.S. policy shifts affecting trade will cause diplomatic relations between the United States and Latin America to be more volatile. Latin America stands to suffer from global economic repercussions of such as fluctuations in the stock and commodities market. Volatility in commodity prices, to which Latin American economies are highly exposed, could be a big shock to the Latin America's economic growth. Latin American economy Latin America as a region has multiple nation-states, with varying levels of economic complexity. The Latin American economy is an export-based economy consisting of individual countries in