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Gold costs more because it is much more rare and hard to find. Gold costs about 50 times more than silver
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Does silver cost more than gold?
No, gold is more expensive than silver as it is more rare
Why is silver mining costs 5.25 dollar per ounce and the market price 27 dollars?
Because the mining cost is not $5 an ounce. Silver is not profitable to mine by itself. It comes up as a secondary product of existing mines for other metals. To mine for silver alone would cost around $50-$100 an ounce. It is only ten times more plentiful than gold. Does it really make sense to you that gold would cost $500-$900 an ounce to mine and silver only $5? The reason we are running out is because all we get is table scraps from mines for other things.
What cost more gold or silver or platinum?
Platinum
What was the spot price of silver in 1964?
$1.29 per ounce there are 0.18 troy oz (5.6 grams) of silver in a 1964 quarter. Therefore one ounce culd make about 5 quarters. After the price of silver was deregulated in the mid-1960s it cost the mint more than 25 cents to mint a quarter and more than 10 cents to mint a dime, which is why they stopped using silver and started using copper and nickel.
What effect did the Gold Rush of 1849 have on the value of silver?
It made silver worth more than gold
Is it expensive to buy gold jewelry instead of silver jewelry?
When comparing an ounce of silver and an ounce of gold, gold has always had more worth per ounce. You would be looking at paying much more for a 24 Karat solid gold ring than a sterling silver one.
Does silver cost more than gold?
No, gold is more expensive than silver as it is more rare
Is it true that so much silver has been consumed that there is more gold than silver?
Absolutely not! Silver is MUCH more plentiful than gold. If There were more gold than silver, silver would COST more than GOLD!
Is there more gold or silver in the world?
Much, much, much more silver. The rarer something is, generally the more expensive or precious it is. Since silver is fairly abundant, its price (early 2015) is about $20 per Troy ounce. Gold is fairly rare, its current price is ~$1200 an ounce. That gold is 600 times more expensive than silver has everything to do with its rarity. If silver were more rare than gold, then silver would be several hundred times more expensive than gold.
Coin troy oz vs coin oz?
A troy ounce is about 31 grams and the US standard ounce (avoirdupois) is about 28 grams. When buying coins, or gold or silver, you get more by getting a troy ounce. The price of gold and silver is in troy ounces. So, for example, if gold is $1400 an ounce, that price is for a troy ounce. A 28 gram ounce of gold is not worth $1400.
Why is silver mining costs 5.25 dollar per ounce and the market price 27 dollars?
Because the mining cost is not $5 an ounce. Silver is not profitable to mine by itself. It comes up as a secondary product of existing mines for other metals. To mine for silver alone would cost around $50-$100 an ounce. It is only ten times more plentiful than gold. Does it really make sense to you that gold would cost $500-$900 an ounce to mine and silver only $5? The reason we are running out is because all we get is table scraps from mines for other things.
Is Russian gold worth more than Russian silver?
Gold is worth more simply because gold is worth more per ounce on the market.
What cost more gold or silver or platinum?
Platinum
Which would displace more water ounce of silver and ounce of gold?
The metal with the lower density occupies more volume, so it would displace more water. Density of silver = 10.49 g/cm-3 , density of gold = 19.3 g/cm-3, Silver's displacement is greater.
Which is better to Buy ounce of gold or silver?
One once of gold is more valuable than one ounce of silver. It would be a better decision to buy gold. Even if you want the silver, you can then simply sell the gold, and buy even more silver.
What pewter per ounce cost?
Well the Pewter price per ounce cost more than Copper, if it does not have Lead it can cost more that Silver; if it is a Collection arts piece it can cost more that yellow Gold; well depending on the pure alloys they use ! One piece of Pewter one ounce can cost $10 and another piece can cost one time or 5 time more that yellow Gold the depending of the collector; if the piece has over 50 to 200 years old; or depending of the artwork ! this is for the best interest to the Consumer "For Real" see web. page: " Living Life Enterprises Presents."
Why does gold cost more than silver?
Yes, it is more rare and desirable than silver, so more expensive
