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What is Gold Spread (Depreciation)?

By Nurul Izzati

Spread is the difference (percentage) between the Selling Price (PG Sell) and the Buyback Price (PG Buy) at any given time.

For example, if the company sells at RM100 and buys back at RM90, the spread is 10%. A lower spread is better because you only need a small increase in the market price to break even and start making a pure profit when you eventually sell.

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