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The price of 1 ounce of gold fluctuates daily based on
market conditions, known as the gold spot price. The premium on 1 oz of gold varies depending on the product's form, purity, and demand. Costco's one-ounce gold bars sell out fast due to their reputation for quality and low overhead costs. The REAL price of gold is the spot price plus any applicable premiums, which can vary widely.
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