So why is there so much really cheap gold on the forum at the moment?

Discussion in 'Gold' started by Peter, Nov 17, 2017.

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  1. Altima

    Altima Well-Known Member Silver Stacker

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    Is there really cheap gold on the site now? Haven't been on here for awhile (distracted by crypto obviously) but I don't see any good deals at the moment!
     
    Altima, Jan 23, 2018
    #41
  2. surfsup

    surfsup New Member

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    So not trying to be a pain but these sales show $25 or $45 over spot, for example, and spot for gold is at $1350 yet these prices are $1650. How is that $25 over spot? (I deal in USD) What am I missing on these internet forum sales? (I always buy from a dealer)
     
    surfsup, Jan 24, 2018
    #42
  3. Silverling

    Silverling Well-Known Member Silver Stacker

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    The great majority of members on this site are Australian who deal in Australian $$$ so those prices are correct in AUD. If you were to convert those prices into USD then the outcome would be similar, cheers.
     
    Silverling, Jan 24, 2018
    #43
  4. yuripuka

    yuripuka Well-Known Member Silver Stacker

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    The prices given on this forum are in Au$ not US$.

    Go to google and do a currency conversion.
     
    yuripuka, Jan 24, 2018
    #44
  5. surfsup

    surfsup New Member

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    makes sense. Too bad. I would have bought one of those Austrian Coronas but I'm in the USA.
     
    surfsup, Jan 24, 2018
    #45
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