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Esteemed Contributor
Posts: 7,404
Registered: ‎12-24-2010

$1727 + change

NOW it's getting interesting!

Trusted Contributor
Posts: 1,919
Registered: ‎08-31-2010

If I want to sell my scrap, I'm stuffed since it's in the bank.  

Read it! New England Journal of Medicine—May 21, 2020
Universal Masking in Hospitals in the Covid-19 Era

“We know that wearing a mask outside health care facilities offers little, if any, protection from infection.
Respected Contributor
Posts: 4,892
Registered: ‎03-09-2010

@fthunt wrote:

$1727 + change

NOW it's getting interesting!


That is a futures contract, not today's pricing nor what you would get for scrap.

 

A few weeks ago it took a - $60/oz 1 day hit.

 

Some countries have a sizeable stockpile and needed to sell to raise cash.

Esteemed Contributor
Posts: 6,906
Registered: ‎03-09-2010

 

May 13, 2020 Scrap Gold Prices
24K (pure, .999+)  $55.13/gram
18 Karat$41.35/gram
14 Karat$32.16/gram
Basis: $1714.80/Troy Ounce
The more I learn the more I realize how little I know.
Are you setting an example or being an example?
Honored Contributor
Posts: 32,815
Registered: ‎08-19-2010

Sold some of my stuff when it hit 1764.

See what it does closer to Nov.