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Question Author
That's a "we wanna buy your gold" site - what I'm after is the commodities prices.
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Question Author
It looks like we're getting there but I'd love a little chart which says something like:
Todays prices: 9 ct gold £xx per gm 18 ct gold £xx per gm 22 ct gold £xx per gm 925 Silver £xx per gm etc etc ... |
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Question Author
Thanks very much - I thought they published these figures in the Daily Newspapers but couldn't find anything in the Daily Mail online money pages.
Was tearing my hair out.... |
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Gold isn't traded in different qualities on the commodities markets. Only 'pure' gold (24ct) is traded. Further, international commodities markets don't trade in sterling, they trade in dollars. And they don't trade in grams, they trade in troy ounces.
So even British sources will quote gold prices according to those standards. The Financial Times, for example, is currently reporting the price of gold as $1512.30 per 100 (troy) ounces at the end of today's trading: http://www.ft.com/markets/commodities The CNN website uses the same standards, but includes silver as well: http://money.cnn.com/data/commodities/ (Again you need to remember that it's 'pure' silver that's being traded, not the stuff that your silver jewellery is made from). If you want to try some conversions, here's the percentage of pure gold in the various carat standards (rounded to 1 decimal place) 22 ct = 91.6% 21ct =87.5% 20ct = 83.3 18ct = 75% 15ct = 62.5% 14ct =58.5% 10ct = 41.7% 9ct = 37.5% 8ct = 33.3% 1ct =4.2% Also 1 troy ounce = 31.1034768g 'Fine silver' is almost pure (99.9%) but 'sterling silver' only contains 92.5% silver content. Chris |
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