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The main commodities traded on the Exchange have been Gold, Silver and Crude Oil. There are various contracts in each. Gold has eight contracts namely Gold 1 ounce, Gold 100 ounce, Gold 1 Tola, Gold 50 Tola, Gold 100 tola, Gold Kilo, Gold 100 g, and Minigold 10 g. Tola gold and minigold are deliverable contracts.
First time in Pakistan a gold stamp was issued. Each stamp contains 25 mg of 23/24 carat gold; Printed by De Carter SA Paris, France; Officially A Imperf Sheet of 10 Stamps and a presentation sheet with one stamp in the centre were issued; Value: Rs. 10
In 2013 the unit price paid for pure silver was up six cents to $4.12 (incl gold $4.65) while the realized price was down 717 cents to $23.86 (incl gold $23.58). In 2011 though the unit price paid per silver equivalent ounce was only five cents higher at $4.09 it sold each ounce for 67.6% more, in 2010 it was 36.6% more.
Bullion coins can have fineness ranging from 91.9% (22 karat) to 99.99% purity (24 karat). For the VAT exemption purposes the United Kingdom defines investment coins more specifically as coins that have been minted after 1800, have a purity of not less than 900 thousandths and are, or have been, legal tender in their country of origin. [ 2 ]
Silver-gilt or gilded/gilt silver, sometimes known in American English by the French term vermeil, is silver (either pure or sterling) which has been gilded.Most large objects made in goldsmithing that appear to be gold are actually silver-gilt; for example, most sporting trophies (including medals such as the gold medals awarded in all Olympic Games after 1912) [1] and many crown jewels are ...
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The quantity of gold by volume in a less-than-24-carat gold alloy differs according to the alloys used. For example, knowing that standard 18-carat yellow gold consists of 75% gold, 12.5% silver and the remaining 12.5% of copper (all by mass), the volume of pure gold in this alloy will be 60% since gold is much denser than the other metals used ...
The gold Philharmonic has a fineness of 999.9 (often written 0.9999, also known as 24 karat or 99.99% pure). [4] In most countries in Europe, the gold Philharmonic is traded VAT-free while the Silver Philharmonic is partly subject to a reduced VAT rate. The coins are minted according to demand and production varies from year to year accordingly.