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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?


To: d:oug who wrote (51389)4/12/2000 11:38:00 PM
From: goldsheet  Respond to of 116837
 
> So same money invested, need 100 times the storage space for silver rather than gold, or is it 50 times ?

It's about 100 times, 50X due to value, another 2X due to density.

I did the calculation the other way, figuring what 1 cubic inch (about the size of an ice cube) of each metal would be worth.

1 cubic inch = 16.387 cubic centimeters

Gold: 19.3 g/cc = 316.27g = 10.168 troy ounces @ $281.20 = $2,859.38

Silver: 10.5 g/cc = 172.064g = 5.532 troy ounce @ $5.165 = $28.57

Platinum: 21.4 g/cc = 350.68g = 11.275 troy ounce @ $494.30 = $5,573.18