CALCULATOR
Margin, to
the gram.
Live London spot against your purchase price. Enter what you are
paying and the purity you are buying at - the margin is the difference,
stated plainly.
§ 01 — MARKET PRICE PER GRAM
USD
124.57
SETTLEMENT CURRENCY
XAU / USD . PER OZ
3,874.60
PER KILO . USD
124,570
US DOLLAR . QUOTED
What you pay the cooperative per gram in US Dollar.
§ 01 — WHAT WE ARE BUYING AT
Your terms.
PURCHASE PRICE . PER GRAM
USD
What you pay the cooperative per gram.
MARKET PURITY . REFERENCE
0.9999
London Good Delivery standard is 0.9950 minimum.
PURCHASE PURITY
Enter a purity, e.g. 0.9745 or 995
VALUE . PURITY TERMS
USD
—
Market value at your purity
§ 01 — WHAT WE ARE BUYING AT
—
Market rate over purchase price, per gram. A ratio - identical in every currency
MARKET . PER GRAM
USD 124.57
PURCHASE . PER GRAM
—
SPREAD . PER GRAM
—
SPREAD . PER KILO
—
MARGIN . PURITY ADJUSTED
—
Indicative only. Final margin is struck against the London PM fix on the day of assay. net of refining and freight.
§ 03 — METHOD
Three lines of arithmetic.
Market per gram
Spot per troy ounce + 31.1035 x FX
The London quote is per ounoe in dollars. Everything we buy is weighed in grams and often paid in local currency.
Value in purity terms
Purchase price x purity
What the metal is actually worth at the purity we are buying, before market comparison.
Margin
(Market - Purchase) + Purchase
The percentage difference of live market rate over the purchase price.