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How Dealers Price Gold: Spot Prices, Premiums and Retail Margins

The live gold price is only the starting point when buying physical bullion. Bars and coins normally cost more than their underlying metal value because manufacturing, distribution, financing, and dealer costs must also be covered.   —   A gold dealer quoting a bar or coin above the live gold price is not necessarily overcharging. […]

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Why Gold Prices in Shops Differ From Online Gold Rates

It is common to check the gold price online, visit a jewellery shop or bullion dealer, and find that the price on the counter is higher. That does not automatically mean the online rate is wrong or the shop is overcharging.   The two prices usually represent different things. An online gold rate is typically […]

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How to Calculate the Value of Your Gold

Knowing the weight of a gold item is not enough to know what it is worth. Its value also depends on how much pure gold it contains and the market price of gold at the time of the calculation.   The basic calculation is straightforward once three pieces of information are known: the item’s weight, […]

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Gold Spot Price Explained: What Does It Really Mean?

When people check the gold price online, the number they usually see is based on the spot price of gold. It is one of the most important reference prices in the global gold market, but it is also one of the most commonly misunderstood.   The spot price is not a universal retail price for […]

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Gold Price per Gram vs Troy Ounce: What Is the Difference?

Gold prices are commonly shown in two weight units: grams and troy ounces. The two quotations describe the same underlying metal value, but they are used for different purposes and can make the price look very different at first glance.   International wholesale gold markets traditionally quote gold in US dollars per troy ounce. Consumers, […]

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