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FAQs
 
What is the EIB gold price and where can I find it published?
The EIB gold price is actually a mathematical calculation based on the London PM gold price. Historically the E SELL gold price is $0.65/trOz added to the London PM gold price. The "customs users fee" is 0.17% of the E SELL gold price.

EIB Gold Price = E SELL Gold Price + Customs Users Fee

The daily EIB can be found in the Wall Street Journal and most other large newspapers or at www.catalysts.basf.com/apps/eibprices/mp/


How do I calculate the amount of fine troy ounces of silver metal contained in silver cyanide or potassium silver cyanide?
Silver cyanide is 80.5% silver metal, potassium silver cyanide is 54.2% silver metal. Both products are sold by the avOz of salt. To calculate the fine trOz of silver metal multiply the avOz of silver cyanide by 0.7337 or the avOz of potassium silver cyanide by 0.4941

Click Here for Complete Silver Cyanide Product Specification


How do I determine the amount of fine silver contained in my anode order?
OPM invoices you the "actual" weight of fine troy ounces of silver metal contained in your order. You can estimate the quantity of silver by multiplying the volume (in3) by the density factor 5.53 trOz/in3.

Example: a silver anode 12" x 4" x 1/4" has a volume of 12 in3. The estimated quantity of fine silver is 12 in3 x 5.53 trOz/in3 = 66.36 trOz.

Click Here for Complete Silver Anode Product Specification


How can I avoid being charged the insurance fee for my precious metal shipments from OPM?
Most companies have transportation insurance in place as part of their business insurance. Instruct your insurance carrier to send OPM a Certificate of Insurance listing transportation coverage. Alternatively you can send OPM a letter on company stationary, signed by a company officer, stating that your company is self-insured.



Ohio Precious Metals, LLC
16064 Beaver Pike
Jackson, OH 45640
opm@opm-llc.com
740.286.6457
fax 740.286.2072
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