Gold valuation
Discussion
Nice graph of price movement here,
https://en.wikipedia.org/wiki/Gold_as_an_investmen...
Gordon Brown ("Ten years prudent management of the economy.") sold UK's gold reserves right at the bottom of the market, around 1999/2000.
https://en.wikipedia.org/wiki/Gold_as_an_investmen...
Gordon Brown ("Ten years prudent management of the economy.") sold UK's gold reserves right at the bottom of the market, around 1999/2000.
Sir Bagalot said:
£240ish is scrap value. Replacement value for insurance purposes will be different, and at least double that.
The actual true value of a small ingot block would be the scrap value, as they isn't really any craftsmanship in making an ingot.We use Presman for melting gold; this links shows the current prices.
https://www.mastermeltgroup.com/presman/prices/scr...
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