Message:

<p>[QUOTE=&quot;fatima, post: 1369542, member: 22143&quot;]Spot prices are for either 100 ounces of gold or 5000 ounces of silver.&nbsp; Anything smaller is going to have additional production and carrying costs.&nbsp;&nbsp; Whether you can find a 1 ounce coin at the spot price or not is the difference between a bargain or not.</p><p><br /></p><p>Spot price isn&#039;t the only kind of pricing used for gold.&nbsp; There is also the London &quot;fix&quot; which is set daily and covers the price for a 400 oz London Good Delivery Bar.&nbsp; This is basically the type of bar you see&nbsp; on TV in central bank vaults or similar.&nbsp; It&#039;s the way that mining companies deliver bars as well.&nbsp; The US Mint sets it&#039;s price for it&#039;s numismatic gold items, such as the proof AGE, Buffalo and FS coins, from this price.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in