2007-05-28 09:52:01 · 4 answers · asked by manuel g 1 in Business & Finance ➔ Investing
When you ask silver in pound it would cost U.S $ 156 + commission bank charges... over all cost around $ 200..
2007-05-28 12:42:47 · answer #1 · answered by Raj m 1 · 0⤊ 0⤋
Sorry D S, silver is quoted in Troy Ounces. There are 14.58 Troy Ounces in a pound. I found the NYMEX spot close at 12.935 per Troy Oz. Whip out the handy dandy financial calculator and viola! $188.5923 at the spot close.
Or which makes my massive silver holding worth: $64.675, sigh, ah well I only got them back in the '80s to bribe the boatman when the Ruskies started shooting...
2007-05-28 21:50:06 · answer #2 · answered by tiescore 6 · 0⤊ 0⤋
The market price of silver is expressed in ounces. Silver closed on Friday at:
$12,90 per ounce Bid
$13.00 per ounce Asked
2007-05-28 17:00:55 · answer #3 · answered by ? 6 · 0⤊ 0⤋
. . . and so a pound of silver would go for $206.40 to $208. 00.
(16 ounces in a pound.)
2007-05-28 19:17:42 · answer #4 · answered by D S 2 · 0⤊ 0⤋