Buying an oz or pound of gold leaf as an investment?

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The current spot buying price for gold bullion is US$811.15 dollars per troy ounce (23/12/2007)

The lowest standard for gold in the UK is 375 fine or 9 carat gold. 1 troy pound of 9 carat gold contains 4.5 troy ounces of pure gold.

Todays spot price for 1 troy pound of 9 carat gold (4.5 oz troy pure gold) = $3650.00 US dollars.

True gold leaf is usually between 18 and 24 carat gold depending on the intended use. 1 troy pound of 18ct gold contains 9 troy ounces of pure gold. or $7300.00 US. 1 troy pound of pure gold (24ct) current spot price = $9733.00 US

While I can not and will not comment as to the quality of the products being sold I will leave it to your imagination and good sense.

The chances that anyone would sell gold of any quality at $990.95 US for 1 troy pound (12 troy ounces) is remote in the extreme.

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