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Gold’s Value – Weight, Beauty, Rarity, Peak Gold and Secure Storage – Interview

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Published : February 28th, 2017
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Category : GoldWire
  • Why gold retains value?
  • Interesting unknown gold facts
  • “Prepare your jaws for a sizeable drop!”
  • History, finite, rare and peak gold
  • “It is beautiful to look at…”
  • ‘Heavy metal’ – Thud sound of a gold bar (kilo)
  • ‘Going for gold’ – Olympic gold medals to Chelthenham ‘Gold Cup’
  • Peak gold … “Hard work to get gold out of the ground…”
  • How much an Oscar is actually worth?
  • Importance of hiding gold creatively and securely if taking delivery
  • Owning a safe – “hidden away and bolted down”
  • Owning gold in secure storage in Zurich, Singapore and Hong Kong

Talking all things gold with @MarkTOByrne, the #Oscars statue is only worth €600! This gold bar however is worth €35,000! #DermotAndDave pic.twitter.com/nFrzrucDZS

It’s the day after the Oscars and we’ve got gold on our minds!

Mark O’Byrne from Goldcore Ireland popped in to chat to Dermot & Dave this morning.

Mark told us lots of interesting facts that we didn’t know and revealed how much an Oscar is actually worth…

The entire statue is actually only sprayed with gold and is therefore worth a measly €600.

Interview can be listened to on

Gold Prices (LBMA AM)

28 Feb: USD 1,251.90, GBP 1,006.90 & EUR 1,180.79 per ounce
27 Feb: USD 1,256.25, GBP 1,011.16 & EUR 1,187.41 per ounce
24 Feb: USD 1,255.35, GBP 1,000.89 & EUR 1,185.18 per ounce
23 Feb: USD 1,237.35, GBP 992.97 & EUR 1,173.13 per ounce
22 Feb: USD 1,237.50, GBP 994.21 & EUR 1,178.22 per ounce
21 Feb: USD 1,228.70, GBP 988.86 & EUR 1,166.16 per ounce
20 Feb: USD 1,235.35, GBP 991.49 & EUR 1,163.21 per ounce

Silver Prices (LBMA)

28 Feb: USD 18.28, GBP 14.70 & EUR 17.24 per ounce
27 Feb: USD 18.34, GBP 14.77 & EUR 17.33 per ounce
24 Feb: USD 18.27, GBP 14.56 & EUR 17.23 per ounce
23 Feb: USD 18.00, GBP 14.42 & EUR 17.06 per ounce
22 Feb: USD 18.00, GBP 14.47 & EUR 17.14 per ounce
21 Feb: USD 17.89, GBP 14.41 & EUR 16.97 per ounce
20 Feb: USD 17.98, GBP 14.42 & EUR 16.92 per ounce

Data and Statistics for these countries : Georgia | Hong Kong | Ireland | Singapore | All
Gold and Silver Prices for these countries : Georgia | Hong Kong | Ireland | Singapore | All
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Mark O'Byrne is executive and research director of www.GoldCore.com which he founded in 2003. GoldCore have become one of the leading gold brokers in the world and have over 4,000 clients in over 40 countries and with over $200 million in assets under management and storage.We offer mass affluent, HNW, UHNW and institutional investors including family offices, gold, silver, platinum and palladium bullion in London, Zurich, Singapore, Hong Kong, Dubai and Perth.
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