local silver price thru aud$300/kg

  1. 1,482 Posts.
    I've just done my arithmetic. Silver at US$6.70 and Exchange rate of 0.7711 = AUD$8.69/oz. 32.151 Troy ounces in a kilo bar makes it a $279 base. Add in the usual $25 markup/profit, and a Kilo of Silver bullion will retail today for $304.

    I'm basing this on what I've observed of the ABC Bullion company's pricing policy over the past 12 months.
 
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