How much should a gram of gold cost online?

Lots of people mistakenly apply the concept of ”spot price” to very small quantities of gold and believe they should be getting the same deal for 1 gram as they do for 1 troy ounce when buying gold online.

Unfortunately they apply that logic and accuse us of ripping people off with the prices on our website. They don’t factor in the costs of credit card fees, packaging, shipping, taxes, fixed costs and, *gasp* profits.

So in this video I explain the concept of spot price and compare the cost of buying 1 gram of gold from Shop.BeringSeaPaydirt.com to the most trusted bullion dealers online to prove that it’s quite easy to discover what the industry charges for 1 gram of gold and that our prices are quite comparable.

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