Our pricing is based on current selling (ask) spot prices in international markets sourced from independent pricing sources, primarily FastMarkets, a globally recognised provider of precious metal pricing information.
The spot price is a wholesale price for multi-million-dollar sized orders of bullion and doesn't take into account the cost of making the metal into coins or bars, transporting it, storing it or retailing to the investor.
Precious metals are priced in troy ounces which differs slightly from normal ounces. A troy ounce is an imperial measure and there are 31.1035 grams in a troy ounce, and 32.15 troy ounces in 1 kilogram.