Starting to collect gold

Discussion in 'Gold' started by Silvered, Apr 19, 2012.

  1. Silvered

    Silvered New Member

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    Hi... Thanks for the replies.
    We have purchased our first gold, 10g and plan to get an ounce per year. When you say not to pay more than 6% above spot price what do you mean? Does this mean the scrap price or the current price per ounce. Is an ounce a reasonable amount to get per year? Sorry for all the questions but we are new to this!

    David
     
  2. Vredaren

    Vredaren Member

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    Spot price = current price per ounce :)
    What is reasonable is always very subjective, personally I'm of the opinion that 'the more the merrier' - as long as I can spare putting that money away.
     

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