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Professions > Mining recreational > Price of gold
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Price of gold

by "kathy1945" <hiimblackdog@[EMAIL PROTECTED] > Apr 16, 2007 at 12:26 PM

If you mined a 1.3 gram nugget, how do you calculate your likely
profit?  Last Friday the spot price of gold was $685, with a gram at
$22.02.  Spot price would make your nugget worth $28.63.  So how much
markup can you expect to realize to compensate you for your time and
effort?  Thanks.
 




 2 Posts in Topic:
Price of gold
"kathy1945" <  2007-04-16 12:26:03 
Re: Price of gold
Jake <newtonj@[EMAIL P  2007-04-17 01:41:07 

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