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TopicI bought a gram of platinum last night as a drunk purchase but it isnt for me.
argonautweakend
09/13/20 3:13:18 PM
#24:


To note about gram metals(Ag, Au, Pt, Pd, etc)

The price per gram is the price per ounce *32.15 / 1,000

That is the spot price per gram. But you generally cannot find them for that price as buying metals in grams is not a very efficient way, and the premiums are kinda high. So the spot price of a gram and the price you pay per gram is different. There are also bulk discounts and check discounts on bullion sites. It may say "as low as $35.50 for a gram" but that factors in you buying over 1,000 of them and paying with a check or electronic check. If you just buy one and pay with a credit card you are looking at $40+ per gram

(just examples and not based on real prices)
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