Investment Gold Index Page

Contents
Main Page
Investment
Bars or Coins
Krugers or Sovereigns
Gold Price Future
Sovereigns
Sovereign Information Sovereigns For Sale
Year 2000 Sovereigns
Krugerrands
Krugerrand Information
Krugerrands For Sale
Half Sovereigns
Half Sovereign Information
Half Sovereigns For Sale
Year 2000 Half Sovereigns
Gold Bars
Bars Information
Bars For Sale
Buying
We Buy Gold Coins
About Us
About Us
Our Selling Terms
Order Form UK
Order Form USA

Foreign Exchange Dollar Sterling
We now offer a limited but highly competitive foreign exchange service between US Dollars $ (USD) and Pounds Sterling £ (GBP).
Commission free and half price compared with most major banks, post offices and bureaus de change.
On amounts of £100 or more, we charge approximately 2% "turn" on current spot rates.


US$ Dollars - GBP £ Pounds Sterling
Current spot rate for indication. Press "refresh" or "F5" for update.

Notes
The spot prices shown above are international mid rates for indication only.
Our buy - sell prices will be 2% above and below the current mid rates, subject to rounding.
This is about half the usual rates charged by most other foreign exchange traders.
This service is primarily for personal callers to our premises, and is subject to availability. Passport and other ID required including home address. Large transactions may need to comply with other anti-money-laundering requirements.
We buy and sell banknotes.

Forex Price Comparisons
A simple way to check the competitiveness of your usual foreign exchange service is to take their buy and sell prices, and divide the larger figure by the smaller figure, so for example, if your local bureau de change is quoting buy 1.90 sell 1.70, divide 1.90/1.70 = 1.1176; at this they would be making 11.76% "spread", or 5.88% "turn". Typically most exchange bureaux charge about 10% spread or 5% turn. By "turn", we mean half the total spread, roughly equal to their profit on an individual deal, less their costs.
As we wrote this page, we noticed one major dealer proudly claiming "compare our prices", and quoting "High Street Bank 1.7045, Travel Agency 1.700 Our Rates 1.709". At the time mid spot was 1.8040, and our own sell rate would have been about $1.768 to the pound. Their rates worked out at 5.5% turn (profit). Our buy rate would have been about $1.84 = £1.

Dollar Sterling Rates for 2005

Gold Investment Advice
There are a number of pages on our site giving advice about various aspects of investing in gold. Countries
Countries

Gold Prices Index

Precious Metal Prices Index

 


"Tax Free Gold" website is owned and operated by Chard (1964) Limited
521 Lytham Road, Blackpool, Lancashire, FY4 1RJ, England. Telephone (44) - (0) 1253 - 343081 & 316238; Fax 408058;
E-mail: Contact Us  The URL for our main page is: http://www.taxfreegold.co.uk/index.html