how much does a 1GM .9999 gold bullion bar cost?

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how much does a 1GM .9999 gold bullion bar cost?

2006-07-08 18:14:05 · 2 answers · asked by Anonymous in Business & Finance ➔ Investing

2 answers

going rate for them on Ebay was around £12 - £18 when I last looked around January.......... but they're only recommended as a gift, rather than for investment purposes

2006-07-08 20:24:47 · answer #1 · answered by Anonymous · 0⤊ 0⤋

Just multiply the weight by the price of gold (what, about $600/oz. nowadays?)

There are 16 ounces in a pound, but be careful! Typically precious metals are measured in troy ounces, where there are 12 ounces to the troy pound.

See: http://www.24carat.co.uk/weightsframe.html

2006-07-09 02:31:10 · answer #2 · answered by Anon 7 · 0⤊ 0⤋