Sunday 20th 05:32:58 AM EST
* R E F R E S H *
| Bitcoin | BTC | $5.10163262052 |
| Silver | XAG | $28.48 |
| Gold | XAU | $1,584.14 |
| Palladium | XPD | $601.56 |
| Platinum | XPT | $1,448.54 |
| Gold Silver Ratio | --> | 1:55.61 |
| Ounce.Me Sum 2012 | --> | $3,662.72 |
| Ounce.Me Sum 2001 | --> | $899.14 |
| 1 ounce | --> | 31.1034768 grams
(TROY) |
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Innovation in the Government Industry, Vol. 2: Bitcoin Huffington Post Bitcoin is a digital currency that enables instant payments to anyone, anywhere in the world. Bitcoin uses peer-to-peer technology to operate with no central authority, managing transactions and issuing money are carried out collectively by the network ... DoS vulnerability in Bitcoin |
- Facebook Gold Rush: Fanfare vs. Realities - New York TimesFacebook Gold Rush: Fanfare vs. Realities
New York Times
IT'S an old line on Wall Street: If you can get your hands on a hot new stock, you probably don't want it. This bit of Street wisdom came to mind last week, as Facebook went public amid so much fanfare. The stock eked out a 23-cent gain on its Day 1, ...and more »
FAQ
Ounce.Me Sum
1 ounce of Gold + Silver + Palladium + Platinum = $3,662.72. Each of these metals are unique in the fact that they have their own currency codes, hence are considered currency. If the number is rising, that means that they metals are gaining on fiat issued currency such as The US dollar or the Euro.
Where do you get these prices?
They are actually updated real time from EFT's. For example the Silver Quote is updated with the live update from NYSE:SLV. In general EFT's are designed to track the price for one ounce of each precious metal. They would be considered actual spot price within a very small margin of error. However Ounce.Me uses a formula to factor out the EFT charges, if an EFT charges a percentage, our formula automatically factors out the EFT charges so you see the true spot price.
What is the Gold / Silver Ratio?
Literally it's how many ounces of Silver are needed to buy one ounce of Gold. Historically over the past 5000 years, it was 15:1 .. Now it's much higher at 55.61 ounces of silver for each ounce of Gold
Sometimes I see a zero for Gold or another metal?
We see it as well, just hit refresh. We're working on it.
Who uses Ounce.Me ?
Metal Traders use is all the time. Individuals that purchase coins and bars consistantly use it to make sure they don't overpay (or get underpaid) in the the process in real time. Some people that use it: online stamp auction, SEO Marketing Agency