Confustion in 916 KDM gold rate ?
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The jewellary shop people told that the 916 KDM gold price is 2820/- on 13/03/12. i purchased ring weight of 6.13 gram. they charges 2820/- rate. and also added 0.02% extra. but it is not depreciation. depreciation already added 0.5 gram. please provide clarification which rate is applicable to purchase of gold. vyshnavi
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Answer:
You are concerned about 0.02% on about $300? Let's see...1% is $3. 0.1% is $0.30. 0.02% is, um, $0.06 which is less than the value of the beer I drank while answering this question....
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