Multiple choice general knowledge

Gilt-edged market means

  1. bullion market

  2. market of government securities

  3. market of guns

  4. market of pure metals

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Gilt-edged market refers to the market for government securities or bonds, which are considered extremely safe investments because governments rarely default. The term 'gilt-edged' comes from the historical practice of gilding the edges of government bond certificates to denote their high quality and safety.