Wednesday 22nd 03:16:58 PM EST
* R E F R E S H *
| Bitcoin | BTC | $Operation timed out after 15001 milliseconds with 1007563 bytes received |
| Silver | XAG | $34.25 |
| Gold | XAU | $1,771.07 |
| Palladium | XPD | $719.73 |
| Platinum | XPT | $1,721.44 |
| Gold Silver Ratio | --> | 1:51.72 |
| Ounce.Me Sum 2012 | --> | $4,246.48 |
| Ounce.Me Sum 2001 | --> | $899.14 |
| 1 ounce | --> | 31.1034768 grams
(TROY) |
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 Wired.co.uk | Bitcoin Exchange Shuttered; Nerds Rattled BusinessWeek By Evan Applegate Bitcoin, everyone's favorite anonymous and somewhat fungible cryptographically backed currency, means many things to many people: speculation vehicle, anarcho-capitalist fetish, scam, or even convenient way to buy drugs over the ... Bitcoin exchange Tradehill suspends trading, returns funds Bitcoin Suffers Another Setback |
- Gold eases on euro zone worries as optimism fades - Reuters
Business TodayGold eases on euro zone worries as optimism fades
Reuters
By Frank Tang and Jan Harvey | NEW YORK/LONDON (Reuters) - Gold eased on Wednesday, declining after Tuesday's rally as a rise in the dollar, worries over a euro zone recession and doubts over the bailout of Greece prompted investors to take profits.
Gold pares losses as platinum, palladium gainMarketWatch
Comex Gold Weaker As Key "Outside Markets" Mildly BearishForbes
PRECIOUS METALS: Gold Falls On Profit-Taking; Investors Still CautiousWall Street Journal NASDAQ -Sydney Morning Herald -TheStreet.com all 315 news articles »
FAQ
Ounce.Me Sum
1 ounce of Gold + Silver + Palladium + Platinum = $4,246.48. 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. The Bitcoin Price is from Flexcoin, The bitcoin bank.
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 51.72 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: Could not get a link from the database...