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step 1: get the price of 1 oz of gold from Kitco or goldprice. It changes.
step 2: multiply it by 75.00% for 18k gold
step 3: add a premium for minting or fabrication
step 4: add a fair markup for the dealer.
For example, the current price of 1 oz of gold as of Dec 07 is around 800 $US.
the base value would be $464, with say $1.00 for fabrication and $1.00 for the dealer = 466 minimum.
In reality, the premium for fabrication and sales are much higher (approx $20) see current prices for kruggerands...

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