How can this be 1g gold at this price?

The price of gold increases every time it changes hands from miners to mint to dealers licensed by congress, to wholesalers, to distributors, to retailers, and then to consumers. Additionally, there is a premium added by retailers. Although gold comes out from the ground around $60-$70, once it goes through the smelter process and gets cleaned up, the price goes up. The prices at sites like Money Metals or APMEX are where it is being bought from. You cannot generally buy a gram of gold for $60; gold is over $2200 an ounce.

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Generic

1 Gram Gold Bar PAMP Suisse Lady Fortuna Veriscan .9999 Fine (in Assay) Specifications: Condition:New in Assay Fineness:.9999 .

Item #:53023467

4.2 rating

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PKR 50910
Price Detail
Price
PKR 50910
Excluding Shipping & Custom charges
( Shipping and custom charges will be calculated on checkout )
* All items will be imported from US Store

Order now and get it around Friday, May 24

Availability : In Stock

Imported from USA store

Quantity :

Ships from Ubuy, Sold By :

ELEMENT4779

Note: Step Down Voltage Transformer required for using electronics products of US store (110-120.)

Product Details

Product Dimensions	551.18 x 314.96 x 15.75 inches (1400.0 x 800.0 x 40.0 cm);0.04 ounce (1.13 grams)
Item model number	C111
Date First Available	March 30, 2022
Total Metal Weight	0.00 pounds (0 kg)
Metal Type	Yellow Gold
Brand	Generic

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Customer Questions & Answers

Question : How can this be 1g gold at this price?
Answer : The price of gold increases every time it changes hands from miners to mint to dealers licensed by congress, to wholesalers, to distributors, to retailers, and then to consumers. Additionally, there is a premium added by retailers. Although gold comes out from the ground around $60-$70, once it goes through the smelter process and gets cleaned up, the price goes up. The prices at sites like Money Metals or APMEX are where it is being bought from. You cannot generally buy a gram of gold for $60; gold is over $2200 an ounce.

Customer Ratings

4.2 out of 5

109 customers ratings

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Generic C111 Specialty Metals Editorial Review

The 1 Gram Gold Bar from PAMP Suisse featuring Lady Fortuna Veriscan is an excellent investment option for those looking to diversify their portfolio. This gold bar is made of .9999 fine gold and comes sealed in an assay, ensuring its authenticity. The Lady Fortuna design adds an aesthetic appeal to this investment piece. PAMP Suisse is a widely recognized name in the gold industry, and their Veriscan technology enables easy authentication of the product. This gold bar is a great gift option for special occasions or simply as a valuable addition to any collection.

Pros

Made of .9999 fine gold
Authenticity ensured with sealed assay
Lady Fortuna design adds an aesthetic appeal
PAMP Suisse is a recognized name in the gold industry
Veriscan technology allows easy authentication

Important Information

Limitations : For products shipped internationally, please note that any manufacturer warranty may not be valid; manufacturer service options may not be available; product manuals, instructions, and safety warnings may not be in destination country languages; the products (and accompanying materials) may not be designed in accordance with destination country standards, specifications, and labeling requirements; and the products may not conform to destination country voltage and other electrical standards (requiring use of an adapter or converter if appropriate). The recipient is responsible for assuring that the product can be lawfully imported to the destination country. When ordering from Ubuy or its affiliates, the recipient is the importer of record and must comply with all laws and regulations of the destination country.
Not all the products listed on Ubuy are for sale, as Ubuy is a global search engine. Products are subject to export/trade regulations.

1 Gram Gold Bar PAMP Suisse Lady Fortuna Veriscan .9999 Fine (in Assay) Specifications: Condition:New in Assay Fineness:.9999 .

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