Understanding the Gold Price per Oz (Ounce)
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- Опубліковано 10 бер 2019
- Watch this video by Physical Gold to gain an understanding of the gold price per ounce
In yet another educative video on the gold market, Daniel Fisher, CEO, Physical Gold demystifies one of the most critical concepts - the gold price per ounce. For those who aren’t aware, Daniel clarifies that the gold price is fluid, changing all the time with the global markets closed for about four hours. Unlike what many people believe, gold is not bought and sold at the spot price, but with a premium due to design, delivery and production costs of physical gold. Older coins are in fact traded at a much higher premium due to their rarity value. Daniel clarifies that ETFs are perhaps closest to the spot price, but carry counterparty risks. It’s essential for every investor to have this knowledge and you can find out more by visiting www.physicalgold.com
Great video! I just purchased my first 2 ounces from Rand Refinery "on sale" at $2006. per ounce with free shipping. It's IRA eligible and is 999.9 pure gold. So now what? It was the lowest price I could find at that quantity. What do I do with it now other then gaze at it's beauty? Thank you.
How much is the exact weight of a 24k 1 oz. coin or bar on a scale? Also what is an accurate scale you would recommend? Thanks!!
Weight will be 31.103g depending on how many decimal places. Try to get scales that have small increments if you like weighing coins
@@PhysicalGoldCoUkLTD Thanks so much! Any particular brand of scale and where to purchase?… Amazon, eBay, etc…?
What's the message of buy£ sell,,X