OWNERSHIP COST EXPLORER

Put your assumptions side by side.

Compare two illustrative routes to owning the same quantity of fine gold. All prices and fees are supplied by you.

Example values are prefilled for demonstration. They are not provider quotes, live prices or recommendations. Change them to match your own scenario.

1. Shared assumptions

QuantityWeight basisFineness / 1,000CurrencyAssumed price / fine troy ozHolding period / years

Changing currency relabels your inputs; it does not convert exchange rates. Fineness applies only to gross weight.

2a. Scenario A · Example retail barPurchase premium / %Annual storage / %Minimum annual storage / currencySelling spread below spot / %Other fixed costs / currency

2b. Scenario B · Example vaulted goldPurchase premium / %Annual storage / %Minimum annual storage / currencySelling spread below spot / %Other fixed costs / currency

YOUR COMPARISON

The full cost in view.

Calculation	Scenario A	Scenario B

Formulas, assumptions and limits

1 troy ounce = 31.1034768 grams. Fine ounces = gross grams × fineness ÷ 1,000 ÷ 31.1034768. Fine-ounce entries are used directly.

Metal value = fine ounces × assumed spot price. Premium = metal value × premium %. Annual custody = maximum of metal value × storage % and minimum annual storage fee. Total cost = metal value + premium + annual custody × years + other fixed costs.

Net sale proceeds at unchanged spot = metal value × (1 - selling spread %). Round-trip cost = total cost - net sale proceeds. Break-even spot = total cost ÷ [fine ounces × (1 - selling spread %)]. The required rise is relative to your starting spot assumption.

Custody is modelled on the initial metal value with no compounding. Minimum fees are prorated for fractional years. Fixed costs include all additional purchase, sale or delivery charges you enter. Tax, foreign exchange, insurance beyond entered fees, changing metal values, minimum deal sizes and time value of money are excluded. Real fee schedules may calculate differently. This is an educational arithmetic model, not a suitability assessment.