If you paid more than $28.45 per gram of gold today (1/20/2008), you lost money. Today's spot gold price was about $885/oz. Remember, 1 Troy oz. = 31.1035 grams (akmining.com/jour101.html, and others). So...
At the current spot rate of gold at $626/oz. Ebay gold is selling for alot more. Part of it is the simple math that eludes so many. One troy ounce is equal to 31.10348 grams. Thus, if gold is $626/oz., one...