Check whether a gold or silver quote is reasonably priced or heavily marked up. Enter your quote details and current spot price to instantly see the markup percentage and determine if you’re getting a fair deal.
Quote Details
Markup Analysis
Spot Price/oz
$2,650.00
Quoted Price/unit
$2,885.00
Markup per Unit
$235.00
MARKUP PERCENTAGE
8.9%
Premium over spot price
TOTAL PURCHASE COST
$28,850
For 10 units
TOTAL MARKUP PAID
$2,350
Extra cost above spot value
VERDICT
Typical Range
This markup is within the typical range for bullion products. Markups of 5-10% are common for coins and bars.
💡 Tip: Common bullion products typically have 3-10% markups. Rare coins, small quantities, or specialty products may have higher premiums. Always compare quotes from multiple dealers.