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In a company earnings call last week, CFO Richard Galanti said the gold bars, sold exclusively online, are “typically gone within a few hours” of appearing on Costco's website — adding that ...
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Nuggets are usually 20.5 to 22 karat (k) purity, meaning they are 83% to 92% gold by mass. Gold nuggets in Australia are often 23 k or slightly higher, while Alaskan nuggets are usually at the lower end of the spectrum. Purity can be roughly assessed by nugget color: the richer and deeper the orange-yellow, the higher the gold content.
Listed here are mainly average market prices for bulk trade of commodities. Data on elements' abundance in Earth's crust is added for comparison. As of 2020, the most expensive non-synthetic element by both mass and volume is rhodium. It is followed by caesium, iridium and palladium by mass and iridium, gold and platinum by volume.
Gold prices (US$ per troy ounce), in nominal US$ and inflation adjusted US$ from 1914 onward. Price of gold 1915–2022 Gold price history in 1960–2014 Gold price per gram between Jan 1971 and Jan 2012. The graph shows nominal price in US dollars, the price in 1971 and 2011 US dollars.
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