Find the minimum gold resale value required to recover what you actually paid. Include purchase premium, tax or shipping and selling costs, then translate the result into a required gold-price appreciation.
Buying above spot and selling below the dealer's theoretical spot-equivalent value creates a two-sided hurdle. The stronger the purchase premium and exit discount, the further gold must move before the investor reaches cash break-even.
If a dealer pays a fixed discount or a percentage of spot, encode that in the exit multiple. If the actual buyback quote is known, a direct resale-price calculation may be more appropriate.
The resale value that recovers total acquisition and selling costs.
Yes, when included in acquisition cost.
Yes, using the exit multiple assumption.
No.