Grading Jewelry vs. Bullion: Why the Same Ounce Pays Different…
An ounce of pure gold is an ounce of pure gold. Atoms of Au out of one form behave identically to atoms of Au out of another. So why does the same dealer, on the same day, pay 95% of spot for a 1-ounce bullion bar and 80% of spot for the equivalent gold weight in jewelry? The answer is not about the gold. It is about everything around the gold.
This article is informational and is not professional advice.