New feature: Discount/Surcharge percentage
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Have you ever wondered if you paid too much for the 14k golden ring or got too little when selling the 18k braclet? Don't worry anymore! GoldPriceOneMobile now has handy feature right unter your finger tips – the spread calculator. Here is how it works…

Once you switched to the calculator view of GoldPriceOne for iOS, there is a slider below the alloys list and above the input field. First of all fill in the weight, select the unit and choose the aprobiate currency. Now swipe the slider to the left (discount) or to right (surcharge). The numbers below each alloys value will change imediately and the percentage deviation will show the percentage chosen.

The slider allows you to select between -50 % (discount) up to + 50% (surcharge). The percentage deviation will change it's color, depending on the percentage you set. The color scheme is green, lime, yellow, orange, red. This translates into very good, good, okay, worse, worst. Always from the seller's point of view.

Here's is an real live example: Imagine you're going to sell aunt Judy's 18 karat bracelet that weights 0.3 troy ounces. The calculator shows you it's value of round about 1,165 USD. Now the potential buyer offers you – let's say – 900 USD. Is that a good or fair price? The spread calculator will tell you. Simply slide it to the left until the lower price comes close to the offer. Take a look at the deviation and you'll see it's orange and shows -23 %. And orange means 'not a good price'.

Let's turn it around and imagine you'ld like to buy the braclet. You see it's worth is still 1,165 USD but you're speculateing the price will go up. Just use the slider to find a good price for you and the seller (sliding to the left gives you a discount) while sliding to the right pays the seller a surcharge. If you decide to pay 1,250 USD would be a good price for the seller (10 % surcharge). On the other hand 1,050 USD would be a good price for you (10 % discount). Both prices were in the green/lime price range - fair (okay) for both of you.

In a nutshell: If you sell right side of slider is good for you. If you buy left side slider is bad for the seller. The redder it gets, the higher the spread. For one or the other.

Just to have it said - at least once: When you are selling/buing jewlery you will usually not get/pay the alloys value. Every buyer has a margin and also every seller has a sales margin. In the end it all comes down to negotiation skills and what future price developments you expect.