everyday items and tools that we use, platinum is actually cheaper than gold. Today, the platinum spot price is at $958.00/t oz, while the gold spot price is at $2,889.47/t oz. Current platinum prices per ounce are near half of gold’s cost. You can read more about whythis might...
The gold spot price or current gold price is seriously misunderstood by inexperienced investors. Many think it is determined by London Gold Market Fixing Ltd, however it is not! Besides, the websites commonly use the gold real time price, is not same as
Dating back to the beginning of time, gold’s value has always been inextricably entwined with its purity. While the system of measuring gold’s purity was determined thousands of years ago, long before it became a monetary asset, these units continue to dictate the metal’s value today. It...
Gold ETF is a way to invest in gold, if you would like to understand what gold ETF is, first of all, you should know what the ETF is. ETF is the abbreviated of exchange traded fund, that is an investment fund traded on stock exchanges, much like stock.
As the first gold coins in the United States offered with this purity, Buffaloes likewise became very popular. Although initially minted in several popular sizes like 1/10-oz and 1/2-oz, today the U.S. Mint only produces Gold Buffaloes as a 1-ounce coin. Again, remember that the higher...
The gold basis is the annualized rate of return, comparable to the interest rate, which one could earn by doing this trade. It works out to about $44 per ounce. Normally, there is not such a large contango in the gold futures market (little backwardations have been occurring intermittently...
At the time this problem was written, the price of gold was $427 per ounce, while that of platinum was $866 an ounce. The "ounce" in this case is the troy ounce, which is equal to 31.1035 g. The densi How do two different isotopes of carbon differ from each other?
Where is gold headed under Trump? Post-election night, gold prices retreated slightly by 2%, mirroring the gains in dollar-backed assets. Experts anticipate a slight correction for gold, partly as a pause after its recent historic rally and partly due to the broader economy’s Trump-fueled sur...
Important! - A Troy Ounce is not the same as an Avoirdupois Ounce! Make sure you know your facts before buying or selling gold and silver!
Answer and Explanation: Given Data: The mass of the gold is: {eq}m = 1\;{\rm{g}} {/eq} The area of the gold foil is: {eq}A = 5\;{\rm{cm}} \times 10\;{\rm{cm}} {/eq} The...Become a member and...