Pricing and Selling Precious Metals 101

Mike Maroney, the vice president at Monex Deposit Company, takes the mystery out of the technique of pricing and selling precious metals for your investment portfolio. If you have ever caught yourself wondering, "How can I tell if this gold is pure?" then the tips offered at the 00:25 mark offer a fascinating glimpse into how experts define purity. Also learn why you need to forget everything you thought you knew about karats at the 00:43 mark. Terms such as London Fix, troy ounce, and spot price can be confusing to beginning precious metal investors, but after watching this video, you will be in the know to add precious metals to your own portfolio with confidence.