Can I ask a dumb question?

Discussion in 'Silver' started by wilkes, Oct 19, 2011.

  1. wilkes

    wilkes Member

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    Would a 1 kilo bar at $1032 currently be below spot price? I will delete this once answered.
     
    wilkes, Oct 19, 2011
    #1
  2. Big A.D.

    Big A.D. Well-Known Member Silver Stacker

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    Big A.D., Oct 19, 2011
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  3. finicky

    finicky Well-Known Member Silver Stacker

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    No, AUD kilo price currently about 980

    Can also use this page

    http://www.kitco.com/market/aud_charts.html
     
    finicky, Oct 19, 2011
    #3
  4. wilkes

    wilkes Member

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    Champs!

    How am I calculating this wrong?

    1 Kilo = 35.27oz
    Spot price x 35.27 = $1750+?
     
    wilkes, Oct 19, 2011
    #4
  5. fishball

    fishball New Member Silver Stacker

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    You're using Oz, you should be using Troy oz.

    1kg = 32.15 Troy oz
     
    fishball, Oct 19, 2011
    #5
  6. thatguy

    thatguy Active Member

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    You might not be using TROY oz...
     
    thatguy, Oct 19, 2011
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  7. wilkes

    wilkes Member

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    There is my problem! Thanks all.
     
    wilkes, Oct 20, 2011
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