The price of gold refers to the gold price calculated by the unit per gram, which is usually used for gold transactions and investment.When doing gold buying and selling, it is important to understand how to convey the price of gold.This article will reveal several common conversion skills to help you better understand and apply.
Before learning how to convert gold, you first need to understand a few basic concepts.The first is "ounce", a unit that measures the weight of valuable metals, which is about 31. grams; the second is "Thousands", which is a unit that represents purity. For example, 24K means that the purity is 99.9%;Corresponding to the price per gram of gold.
In actual transactions, gold products of different specifications and different purifications often encounter.At this time, these products need to be converted into a unified standard according to the current market market -that is, the pricing per gram.By mastering the corresponding conversion skills, the price advantages and disadvantages of different products can be more convenient.
Let's introduce several common conversion formulas and instance analysis:
-Stapped the ounce to gram: 1 ounce = 31. gram;
-Axly calculation: Total amount = weight (g) × unit price (yuan/g);
-In consider discount or premium: Final payment amount = total amount × (1 + discount rate/100) or total amount × (1 + premium rate/100).
Through the above formula and instance analysis, you can more clearly understand how to accurately and effectively convert and make wise decisions.
-From a merchant sells 20 ounces of gold jewelry of 20 ounces and 24K purity, how much does the accessories correspond to?
Answer: 20 ounces of 620 grams; if the current unit price per gram is 300 yuan, the jewelry sells for about 186,000 yuan.
-If a bank launching an event and enjoying 8%discount to buy the above accessories on the basis of the original basis, the final payment amount is about 171,120 yuan.
Mastering the correct and flexible use of various methods can help you get better investment in the Black Dragon market and obtain the best investment return.I hope that the above content is inspired by you. If you need to study, you can consult relevant information or consult professionals at any time.I wish you success and harvest in the Black Dragon market!
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