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To: MileHi
According to APMEX, the spot price at the moment is $1,970.80 USD. That would be before packaging, processing costs etc. by the wholesaler. IOW, the wholesale price of a plain 1oz round or ingot. The premium is the retail profit margin and varies from dealer to dealer.

If you could dig it out of the ground and bring a lump of gold to a dealer you could demand spot price and get it. It gets complicated when you factor in collectibles vs bullion coins or ingots etc.

1,691 posted on 05/24/2023 5:53:59 PM PDT by Chuckster (Friends don't let friends eat FARMED FISH.)
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To: Chuckster

Thanks. Trying to figure out how to trade it especially if you can’t look up on the internet what it’s worth.


1,693 posted on 05/24/2023 6:01:37 PM PDT by MileHi ((Liberalism is an ideology of parasites, hypocrites, grievance mongers, victims, and control freaks.)
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