When buying or selling physical precious metals, the price actually paid or received may differ from the market rate displayed in the overview. This is because that rate only reflects the ‘paper’ market value, while the actual transaction price depends on trading mechanics and additional costs. Examples include:

• Purchase of the physical precious metal (granules, raw material)
• Production costs
• Transport and insurance
• Dealer margin

The price per gram is composed of a price guarantee, slippage, spread, and the additional costs mentioned above.

Price Guarantee

A price guarantee is applied. This means a fixed price is offered, valid for up to one minute, giving you sufficient time to complete your order.

Slippage

Slippage is the difference between the expected and the actual transaction price, caused by price movements during execution.

Spread

The spread is the difference between the bid price (what buyers are willing to pay) and the ask price (what sellers are asking) of a financial instrument.

Market Price

The market price shown in the overview reflects the current market value of gold, silver, platinum, or palladium. This price is based on live exchange data and represents the value of the metal at that specific moment.

Conclusion

The final price per gram consists of the current exchange price (bid or ask) plus the production costs and premium of the physical bar.