The London PM fix, of all the gold spot prices, is the price at which the world's largest size gold purchases and sales are accomplished on any given day. or afternoon fix gold spot price, actually set during the morning hours in the United States, around 9:00 am Eastern Standard Time. The most common quoted spot price comes from the London P.M.

The spot price of gold is the official price of gold at any given moment and can vary between different sources of data. Every grain counts and every grain is valuable, so before you go to sell your gold, weigh it carefully on a sensitive digital scale that can register to at least one-tenth of a gram. Since gold has gotten so valuable, it has become necessary to weigh it down to a fraction of a grain. In every ounce, there is 480 grains, 20 pennyweight or 31.104 grams. We greatly appreciate your business and thank you for visiting our website! Click here to sign up for our monthly e-news.DID YOU KNOW? The market price of gold is based on 1 troy ounce of pure gold. Over the years, Denise's articles and photos about gold mining history and historic gold rush sites have been published in Gold Prospector Magazine, in many RV magazines, and on the Articles page of this site. Denise enjoys hiking, metal detecting and is a published travel writer and blogger. Larry is an avid hiker and a private pilot. Our office is located in the small town of Dallas, Oregon (near the capitol city of Salem). As we've sourced new manufacturers over the years, we've added more products to the site and made great friends along the way! We are also members of Gold Prospectors Association of America (GPAA) and enjoy attending their annual Gold & Treasure Shows.

Really makes us appreciate today's new equipment that the old-timers never had. We never miss a chance to tour an underground mine, stroll through a gold mining ghost town, or see a modern-day gold mining operation in action. We started our online store in 2005 as a way to combine our hobbies, interest in American history, and love of the great outdoors with a business. Hi! We're Larry and Denise Seith, owners of.

Hand dredge for gold prospecting