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Temu: The New E-commerce Site for Smart Consumers

Fashion

Sam Allcock

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24 October 2022

Temu: The New E-commerce Site for Smart Consumers

Temu may be a new e-commerce site that launched in September 2022, but it brings a wealth of expertise and supply-chain know-how to deliver a unique, affordable online shopping experience. The fledgling site has already drawn thousands of new customers less than two months after it went live.

For shopping aficionado and California resident Christine, 24, Temu has become her go-to site for all her wardrobe needs, thanks to its selection and affordable options. “Temu always lets me discover amazing clothes that can fit my ever-changing styles. Because everything’s also affordable, I get to have a lot of savings after every purchase. It’s a total fashion haven for someone like me!” she said.

Mike 33, a Chicago-based IT manager, found Temu’s user-friendly shopping platform a great place for new items. “I like how Temu gives me a curated view of items that I will be interested in every time. It just makes the entire thing a lot easier compared to other sites,” he said.

Temu is one of the newest e-commerce sites to make its debut in the United States, promising a vast selection at affordable prices at a time when consumers are mindful of their budgets amid decades-high inflation.

Offering wholesale prices for retail buyers, Temu is aimed at consumers from all walks of life and offers access to affordable high-quality products. Temu is able to achieve this high level of consumer service through its relationship with its sister company, Pinduoduo, which has over 11 million suppliers. Both Temu and Pinduoduo are owned by Nasdaq-listed PDD, which was valued at more than $200 billion at one point and dubbed “the world’s fastest-growing internet company” by Goldman Sachs.

Temu’s low prices offer relief to inflation-hit customers facing economic uncertainty and pressure to cut back on discretionary spending. Thanks to its wide array of items at affordable prices, shoppers can shop for their “wants” as well as take care of their “needs.” Temu has thousands of products added each day across more than 100 categories, ranging from clothing and beauty products to electronics to automotive and office supplies, enabling everyone to enjoy the finer things in life on top of meeting their basic needs.

These products are sourced by Temu from a global network of world-class manufacturers. By connecting consumers directly with manufacturers through its digital platform, Temu reduces the number of intermediaries standing between buyer and seller. The cost savings are passed on to the consumers in the form of lower prices.

Temu also uses its “consumer-to-manufacturer” model (C2M) capabilities to help manufacturers reduce the guesswork in their product development. By channeling consumer preferences back to manufacturers, the latter has the responsibility of making their products more accessible for everyday folk.

Visit www.Temu.com to check out this one-of-a-kind shopping experience for yourself and find out just how low their prices and how wide their selection goes.

Guides to Designing an Efficient Career Roadmap

News

Sam Allcock

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21 October 2022

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Guides to Designing an Efficient Career Roadmap

Have you been looking to advance your skill? Or move up your career ladder? Then you are at the right place! We’ll show you how to create an efficient career roadmap to help you aid your career advancement.

A career roadmap is a visible representation of the necessary steps one needs to follow to reach a career goal; it could be a high-ranking post in an organization or a better job title. Career roadmaps are a general practice used by whole businesses and individuals willing to advance their skills and traits, techniques, and achievements, whether as employees or freelancers.

A study by Harvard MBA business School revealed that 3% of graduating students who wrote their goals and planned on how to achieve them made ten times more money after 10 years than the remaining 97% who didn’t make a plan and write their goals. This speaks volumes about the importance of career roadmaps.

Here are some laid down steps to guide you when designing your career roadmaps;

State and acknowledge your starting point
Ascertain your career goals and include their requirements
Create steps to connect the beginning and end of your roadmap
Ensure your career roadmap is easily-accessible and engaging
Continually update your career roadmap

State and Acknowledge your Starting Point

From the very beginning, you ought to know where you are starting from to know where you are headed. Your present post in an organization can serve as a pointer to the beginning of your map. In a scenario where you want to apply for a new job, this can also stand as your map beginning. Join a global talent pool to know your strengths and weaknesses. Sign up for a free account at Talentprise.com.

Are you an employee aiming for a promotion or a freelancer looking to upgrade your marketability and skillset? Whether balancing a full-scale job plus a side hustle or focusing on only a career path, you must determine your roadmap’s beginning point, which can also be called point A.

Ascertain Your Career Goals and Include their Requirements

Once you know your point A, where you are coming from, set your point Z, which is your end goal. It could already be within your capability or a post you will need to strive to get to. Either way, ensure you engage in deep research to set a realistic target.

For instance, if you work in the medical field and dream of being a chef, your chances of success are slim. But you can aim for a nutritionist post– it could be a bit of a challenge, but more likely to pan out if there’s excellent planning and dedication.

Thus, while you are setting your roadmap’s goals, you need to look into its requirements, as well. Establish if it is a good direction for your intents and work towards laying out how you will get there.

Create Steps to Connect the Beginning and End of your Roadmap

Here, you already have your starting point and your goal. Now is the time to set the stepping stones. First, start with the main targets you intend to meet. It could be work experience, qualifications, and where to get these. The need to relocate? A summation of the cost of this professional journey?

Alongside this, determine how long each step should take and the point it fits on your targeted timeline. The more precise it is, the less you will need to modify your journey later. That is why realistic expectations and deep research cannot be overemphasized.

You should include smaller steps between your significant milestones to easily guide your movement from one achieved target to the next. This could consist of you making an effort to join a social group for connection, practicing a skill, or getting tools for diverse tasks.

Ensure your Career Roadmap is Easily-Accessible and Engaging

To have a thrilling and sensible transition, you must fill your map with goals and practical information. Including characters in your roadmap is a faster way to visualize your future and enjoy the entire planning process.

For instance, you could spread it out and add color code to it. Include helpful notes and checklists under every milestone. If it is a virtual career roadmap, include files and attach hyperlinks to essential websites. Digital files can be carried on your phone or uploaded to the cloud to be easily accessible.

Continually Update your Career Roadmap

To never stop managing your roadmap is a wise way to ensure it remains effective. Tick every checklist you have already met. Update that information. Replan your schedule and recalculate your budgets. This helps you appreciate your progress, access the rest of the journey, sort out any mistake you make, and even deal with surprises that might spring up.

Final Thoughts

Creating your roadmap doesn’t mean you have to do it alone. If there’s anyone in your career path you are looking up to, you can grant them access to your document to offer their input. You have much more to benefit from designing your career roadmap than you can imagine. Follow these steps and see the fantastic outcome of your efforts!

Some Investments To Avoid During A Recession

Sam Allcock

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21 October 2022

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Some Investments To Avoid During A Recession

When a recession hits, you want to try to focus on making the right investment decisions. The market is always forward-looking. As a result, you need to be on your toes. Prices will have likely decreased a lot once it’s evident the economy is firmly in a recession. Because of this, City of London investments that feel relatively safe may not be attractive moving forward.

1. Bonds

While bonds do tend to be much safer than stocks, not every time is a good time to put your money into bonds. You need to be aware of interest rates when you are looking to invest in bonds. An increase in interest rates will push bonds to decrease. Whereas, a decrease in interest rates will increase bond prices. Any bond that has a longer-dated maturity will end up experiencing more effects of these interest rate fluctuations.

As an investor looks to anticipate a recession, they are likely going to feel like moving their money out of riskier assets and into the “safer” ones like bonds. They are generally looking for the FED to decrease interest rates which can prop bond prices up. Because of this, when you are entering a recession, it could be a good idea to consider buying bonds before the rates have fallen.

However, one of the absolute worst times to invest in bonds is when the interest rates are expected to rise soon. This is something that occurs during and after a recession. Any investor may feel like they are moving their money toward a safer asset in bonds, but as the economy starts to return to growth, the interest rates will continue to climb and the underlying prices of the bonds will decrease. Likewise, although interest rates rise, property prices will fall, so it could be a good time to consider property finance and investing.

2. Companies In A Lot Of Debt

Any company that has a lot of debt is to be avoided. These are the companies that will fall a lot before, during, and even shortly after a recession. A lot of investors will anticipate the increased risk of these companies due to their balance sheets and the stock price will tumble due to the last of interest in it at certain prices. If the company then experiences a decrease in sales which is very typical during periods of economic instability, they are more likely to not be able to pay it. Eventually, they could default because of it.

Because of this, a company with a lot of debt on its balance sheet is a risk. However, if the company can effectively survive a recession, it can deliver a very substantial return. That is only if the market is pricing the impending death of the company and it ends up surviving. However, it’s always possible the company doesn’t make it out and it could leave you (the investor) bag-holding as a result. It’s a very high-risk option during a recession.

3. Higher Risk Assets Like Options

There are a lot of high-risk assets like options that are not recommended during recessions. Options are bets that a stock price is going to either rise or decrease by a certain time. They are incredibly high-risk assets. However, with high-risk, comes high reward potential. The problem is, a recession can bring about wild volatility and fluctuations that make them incredibly difficult to succeed with.

With options, you have to accurately predict the stock price, but you also have to predict when it will reach a specific price. If you are wrong on either, you could end up losing your entire investment or be forced you buy underlying stock in amounts that you don’t have.

How to Get Started with Crypto: A Beginner’s Guide

Finance

Sam Allcock

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21 October 2022

0

How to Get Started with Crypto: A Beginner’s Guide

If you’re reading this article, then chances are you’ve at least heard of Bitcoin – even if you don’t quite understand what it is. And that’s okay.

The world of cryptocurrency can be daunting and confusing for those who are just getting started. But don’t worry, we’re here to help. In this beginner’s guide, we’ll give you a crash course on all things crypto, from the basics of Bitcoin to more advanced concepts like blockchain technology and mining.

Cryptocurrencies work using a technology called blockchain. A blockchain is a digital ledger that records all cryptocurrency transactions. Transactions are then verified by nodes (computers) on the network and are recorded in a public ledger. This public ledger is known as the blockchain.

Nowadays, many people are using cryptos in many different ways. For instance, gamblers have also begun using cryptos to make deposits. Different casino platforms now allow crypto deposits. You may find a few examples of casino games the site https://www.m-8-8.org/ if you are a gamer.

Blockchain technology is what allows cryptocurrencies to be secure and decentralized. It also allows for near-instantaneous transactions with low fees. The most famous cryptocurrency is Bitcoin.

By the end of this guide, you should have a good understanding of how cryptocurrency works and be ready to start your own journey into the world of digital assets. So, without further ado, let’s get started!

What is crypto?

In contrast to traditional currencies, cryptocurrency transactions are not verified by a central bank. It’s a decentralized, global payment network that allows users to send and receive funds directly to and from one another. Payments made using cryptocurrencies are not actual coins or bills that can be carried about or traded; rather, they are just entries in a digital ledger that records details of individual purchases or sales. Transfers of bitcoin are recorded on a public ledger. Digital wallets are used to store cryptocurrency.

The moniker “crypto” comes from the fact that cryptocurrency transactions are verified via the use of encryption. Because of this, the transfer of bitcoin data between wallets and the public ledgers requires complex code. Encryption is used because it increases safety and security.

Bitcoin, the first and still the most popular cryptocurrency, was created in 2009. Bitcoin and other cryptocurrencies have attracted a lot of attention from traders looking to make a quick buck by buying low and selling high.

What are the benefits of crypto?

There are many benefits of cryptocurrency, including the fact that it is decentralized, secure, and global. Cryptocurrency is also fast and efficient, which makes it ideal for online transactions.

Another benefit of cryptocurrency is that it is not subject to government regulation or control. This means that anyone can use it without having to worry about government interference. Additionally, cryptocurrency is often used as an investment, and many people believe that it has the potential to become a major global currency.

Cryptocurrency also has the potential to revolutionize the way we interact with the internet. For example, blockchain technology, which is the underlying technology behind cryptocurrency, could be used to create a decentralized internet that is more secure and efficient.

Overall, cryptocurrency has a lot of potential and could change the way we use money and interact with the internet.

How to avoid scams when buying or selling Bitcoin

When it comes to buying or selling Bitcoin, there are a few things you need to be aware of in order to avoid being scammed. First and foremost, only deal with people you know and trust. If you don’t know the person you’re dealing with, be sure to do your research and make sure they are who they say they are.

Another thing to watch out for is fake websites. Be sure to only deal with websites that have a .com domain name, as these are more likely to be legitimate. You should also make sure the website has a secure SSL certificate before inputting any personal information.

Finally, beware of phishing emails. These are emails that claim to be from a legitimate website or service but are actually fake. They will often try to get you to input your personal information or login credentials on a fake website that looks identical to the real one. If you receive an email like this, do not click on any links or enter any information – simply delete it.

To sum up, if you want to get started with cryptocurrency, you should first do your research, then decide which currency you want to invest in, and finally set up a wallet and purchase some coins.

New Study: The Most Popular Growth Stocks in Europe

Finance

Elliot

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21 October 2022

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New Study: The Most Popular Growth Stocks in Europe

Growth stocks have been dominating the 21^st century. Facebook, Amazon, Alphabet and Starbucks are just some companies that have seen huge percentage gains.

According to NASDAQ, a growth stock is any share in a company that is expected to grow at a rate significantly higher than the average growth for the market. Their share prices, revenue or profits flow at faster rates than the market, meaning some investors choose growth stocks to earn profits from the rapid price appreciation they offer, rather than income from dividends (although this can equally go the other way and result in losses).

However, what is the most popular growth stock in each country in Europe? Well, CMC Markets has revealed the answers by comparing monthly AHrefs search data, revealing the most searched for growth stock in each country.

Country	Most Googled Growth Stock	Searches (per month)
Albania	Facebook	2,200
Andorra	Google	50
Armenia	Google & Facebook	2,600 (each)
Austria	Google	22,000
Azerbaijan	Google	7,400
Belarus	Facebook	2,500
Belgium	Google	70,000
Bosnia and Herzegovina	Google	18,000
Bulgaria	Facebook	14,000
Croatia	Facebook	7,400
Cyprus	Google	14,000
Czechia	Facebook	9,500
Denmark	Google	28,000
Estonia	Google	5,100
Finland	Google	21,000
France	Google	86,000
Georgia	Google	5,800
Germany	Google	149,000
Greece	Facebook	25,000
Hungary	Google	23,000
Iceland	Google	1,300
Ireland	Google	11,000
Italy	Facebook	69,000
Kazakhstan	Facebook	11,000
Latvia	Facebook	6,600
Lithuania	Google	6,800
Luxembourg	Google	2,800
Malta	Google	1,300
Moldova	Facebook	2,900
Monaco	Google	20
Montenegro	Google	200
Netherlands	Google	122,000
North Macedonia	Facebook	2,800
Norway	Google	27,000
Poland	Google	46,000
Portugal	Facebook	17,000
Romania	Facebook	29,000
Russia	Google	33,000
San Marino	Facebook	40
Serbia	Facebook	15,000
Slovakia	Google	6,600
Slovenia	Facebook	6,600
Spain	Facebook	52,000
Sweden	Facebook	15,000
Switzerland	Google	64,000
Turkey	Google	115,000
Ukraine	Facebook	107,000
United Kingdom	Facebook	87,000

Two growth stocks dominated the results, with Google and Facebook being the highest performers across all countries in Europe.

27 European countries had Google as the most frequently searched growth stock, making it the most popular on the continent. The country with the highest number of searches per month goes to Germany, which is searching for Google stock 149,000 times per month.

Other countries with high monthly searches for Google stock include the Netherlands, with 122,000 searches and Turkey with 115,000 searches a month.

A total of 20 European countries have Facebook as the most frequently searched growth stock. The country with the highest number of searches per month is Ukraine, with 107,000 searches each month.

Other countries with high search results for Facebook include the United Kingdom with 87,000 searches a month and Italy with 69,000.

Armenia was the only country tying on both Google and Facebook, with 2,600 monthly searches each.

Michael Hewson, Chief Market Analyst at CMC Markets said: “Google and Facebook are dominating as the most popular growth stocks across Europe. Both of these companies have a huge influence on the market, and the media, which is why many Europeans are looking to invest in them.

“We can see that countries such as the UK, Italy and Austria are producing thousands of searches each month for these two stocks.”

The study was conducted by CMC Markets, a UK-based financial services company that offers online derivative trading such as spread betting and contracts for difference across world markets such as shares and foreign exchange. Click here to find out more.

Disclaimer:

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when spread betting and/or trading CFDs. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

Is cryptocurrency the future for online casinos?

Technology

ABC Staff

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20 October 2022

0

Is cryptocurrency the future for online casinos?

Cryptocurrency, once confined to the dark web, is becoming increasingly popular. There are numerous types of cryptocurrency, none of which has a physical form. In simple terms, cryptocurrency is a digital form of currency that has no reliance on any sort of central authority for maintenance. As technology continues to advance cryptocurrency has become less exclusive and more widely used by the public. More industries are accepting cryptocurrency as a form of payment, which arguably comes from higher consumer demand for improved security.

Patrons of online casinos, for example, deal with money, both deposits and withdrawals. The ability to use the patron’s first choice payment method can be key to their decision as to where to place their bets. With a multitude of games and promotions such as the Paddy Power Wonder Wheel, where you have a potential jackpot of £25,000 per day and 50 free spins for new users, transactional security is paramount for users. Already, most online casinos offer the most widely known traditional methods of payment and that is precisely because they know it’s important to their users.

Some argue that cryptocurrency allows even more security. This is because it uses blockchain technology, which essentially means it is totally encrypted. Thus, it is harder for hackers to access cryptocurrency assets. Such highly secure currency is essential for patrons of online casinos who would want to ensure profits are safe from hackers. In order to use cryptocurrency in online casinos, you need a crypto wallet, as explained by Forbes. Something which essentially stores your currency, and an email address. It is an extremely convenient form of currency, with no need to have physical cards at hand or memorise a multitude of numbers and expiration dates.

“Bitcoin cash” (CC BY-ND 2.0) by QuoteInspector.com

Not only could cryptocurrency be a more secure way for patrons to gamble, but it is also a technology that seems to show no signs of slowing down. Whilst cryptocurrency is a relatively new form of currency, a recent poll carried out by CNBC suggests that one in five Americans have in some respect either traded, invested or used cryptocurrency. Online casinos, by allowing patrons to play using cryptocurrency would be able to expand their customer base. With more people making the switch from traditional forms of tender to cryptocurrency, online casino industries might want to investigate whether this will help them continue ensuring that there is a payment method for all.

The online casino industry is usually one of the first industries to embrace new technologies. Whilst cryptocurrency – compared to more traditional methods – is still in its infancy, it is becoming more and more popular. Cryptocurrencies being accepted by online casinos would

be beneficial to both the casino itself and its patrons. The casino would extend its target demographic, or customer base by accepting cryptocurrency. Accepting cryptocurrency would broaden the target demographic for online casinos giving accessibility to patrons who do not deal with traditional forms of tender. The patron using cryptocurrency could then benefit from the relative anonymity and added security.

Why businesses should be preparing for Winter 2023 now

Sam Allcock

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20 October 2022

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‘Prepare for next year’s Winter’ is now a commonly heard piece of advice. From business leaders to the Serbian President, the consensus is clear: the energy crisis is only going to get worse. As the main supplier of gas to Europe, Russia has a serious weapon to use against the continent and is not shirking from doing so. There is no doubt that Russia is hitting us where it hurts. And as the war shows no sign of abating, the issues this causes to the global economy and energy supply will only intensify.

Winter 2023

While the situation is causing alarm now, it may be in next year’s Winter that the UK feels the worst of its effects. Whilst the current energy flow from Russia is limited now, it is predicted to see us through until Spring 2023. The UK government has also pledged to support individuals and businesses by subsidising energy through until April.

However, as we approach next year’s Winter, there are now warning signs that Europe will be very vulnerable to a serious shortage. Talks of rationing and blackouts are increasingly reported – if not for this Winter, then very likely, next.

How businesses prepare

All this will be greatly concerning for businesses and that is why looking ahead now and anticipating issues, could be vital in staving off a crisis. Reducing demand could be key in rationing the energy that is available and ensuring the UK doesn’t run out. Businesses are incentivised to do this for two reasons: cost and limited supply. An energy audit can be an effective way of identifying where change can be made and sustained. These can be conducted online or by enlisting in the services of an energy auditor.

Reducing energy use

While Prime Minister Liz Truss may be reluctant to tell people what to do, many key figures, politicians and business leaders alike, are encouraging organisations to find ways to reduce their energy use. Advice can be simple: from switching off machinery and equipment when it’s not in use and installing LED lights, to re-sealing windows and doors, turning down thermostats and installing ceiling and wall insulation. There are a multitude of other measures businesses and households can take to reduce their energy use and they can make a real, impactful difference.

Lowering energy bills

Alongside reducing the amount of energy we are using, the need to lower the cost is also essential for households and businesses. Many businesses fear insolvency as their bills have sky rocketed, exacerbated by political uncertainty and U-turns on the help available. Many organisations are needing to compare business energy costs to ensure they are on the most cost-efficient tariff possible. Price comparison search engines are proving popular in allowing businesses to determine the best rates. SEFE energy believes 1.3 million businesses may be missing a better deal by remaining with their current provider. It is encouraging all businesses to explore and compare business energy costs and switching companies if cheaper rates are found.

What’s a PCI QSA and why does your business need one?

Technology

Sam Allcock

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20 October 2022

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What’s a PCI QSA and why does your business need one?

With 71% of small businesses the proud owners of websites according to recent research, it’s safe to say that the online arm of your company has a bigger role than ever to play in the success of your wider business. Operating online and reaching customers digitally unlocks many perks for businesses of all sizes and niches, but these rewards don’t come without risk.

The Cyber Security Breaches Survey 2022 recently revealed that 39% of UK businesses suffered a cyber attack during the past 12 months, a fact that makes putting the cyber security of your company first a top priority. For businesses handling card payments online, enlisting help from a PCI QSA is integral to keeping the standard of cyber security high and taking care of the sensitive data that your customers hold dear. But what is a PCI QSA? And why does your business need one?

What is a PCI QSA?

A PCI QSA or qualified security assessor is a person or organisation that manages compliance auditing and consulting within the payment card sector. It’s their job to ensure that your company handles the credit/debit card data shared by your customers in accordance with the latest requirements set out in the Payment Card Industry Data Security Standard (PCI DSS).

Why does your business need a PCI QSA?

Payment security matters, and by recruiting a PCI QSA to oversee your company’s PCI DSS compliance, you can prevent the data breaches that will impact your business, its customers and the wider payment card ecosystem.

Such data breaches will negatively impact your business in a variety of ways. Your business reputation will be damaged (often to irreparable levels), you’ll lose customers, and have to accept liability for failing to implement the measures that ensure PCI DSS compliance. By failing to meet the requirements of the PCI DSS, you will also be liable to pay hefty financial penalties and charges, costs that can cripple the average business.

How can a PCI QSA help?

A PCI QSA will help you become PCI DSS compliant to ensure you don’t fall foul of the negative consequences of a breach and continue to protect yourself and your customers when you take card payments online.

As experts in PCI DSS compliance, your QSA will be able to provide the support and advice you need to meet the PCI Council’s strict standards. Your PCI QSA will undertake cyber security assessments on your behalf as well as implement the measures that will keep your company and your customers safe from exploitation.

Your PCI QSA will also work with you as standards evolve to ensure PCI DSS compliance is always guaranteed. By outsourcing these vital tasks to a PCI QSA, you can save time and valuable resources in-house, and fine tune card processing and internal operations accordingly.

Don’t compromise your customers’ sensitive data; hire a PCI QSA to assist your business and ensure every transaction made via your website is as safe and secure as it should be.

How do you calculate gold price?

Finance

Sam Allcock

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20 October 2022

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Introduction

The gold price is the value of gold per ounce, gram, or kilogram. It’s a critical indicator that shows how much gold is worth at any given time. The spot price is the current price for an ounce of gold in US dollars. You can also calculate the spot price by converting ounces into grams (1 ounce = 31.1035 grams).

What is the gold rate today in London?

The current gold price is the spot price of gold. This means that it’s an estimate of what you’d pay for a troy ounce of pure 24-carat gold right now in your local currency. Of course, the price fluctuates depending on supply and demand, but today’s spot price is around $1,350 per ounce (£1,200 per kilogram; £42 per gram).

The rate at which markets trade physical gold in London is called the London Bullion Market Association (LBMA) Gold Price (or simply “gold fixing”). It’s also known as the “London Fix” or “fixing” and was established in 1919 by Messrs Sharps Pixley & Co Ltd – it’s been administered since 2004 by ICAP Securities & Derivatives Exchange.

How much is 22ct gold worth per gram?

Let’s take a look at the gold price uk of 22ct gold. In this case, the gold is 24/22 pure, which means it has been alloyed with an additional 6% of another metal. The higher the purity ratio, the more expensive your piece will be. So if you’re looking at 22ct and 24ct options side by side (or any other variation), ask yourself how much value you want in terms of cost per gram of pure gold. If you’re paying less than $1,500 per gram, go for 24ct (but remember that lower purity means less durability).

How much is 24ct gold worth per gram?

24ct gold is more valuable per gram than 22ct. That’s because it’s a higher purity and, therefore, more expensive.

The price of 24ct gold varies depending on the product you choose, but they all tend to be more expensive than other products with a lower purity level. This is simple: purer metal is more brutal to find, so it takes longer and costs more money (mining) to produce pure gold from an ore containing impurities like silver or copper.

What is the current price of a 1 gram 22 carat gold coin?

The price of gold is determined by the London price fixing, managed by four banks and takes place twice daily. Gold prices are also set in New York, Dubai, Mumbai and Sydney.

The price of one gram 22 carat gold coin can vary depending on which bank sets its value. The most popular currency used in the UK (GBP), US ($USD), Canada ($CAD), Australia($AUD) and South Africa(R).

What is the weight of one gram gold coin?

One-gram gold coins are about 1/20th of an ounce and weigh approximately 0.0469 troy ounces. With a little math, you can see about 25 grams in 1 troy ounce (1 oz). Each coin has a different weight, but most fall within this range:

1g – 0.0469ozt
2g – 0.0938ozt
5g – 0.2385ozt

What are the different types of gold coins available?

The most common gold coins are 1/10, 1/4 and 1 oz. Smaller-sized coins include the 1/20 and 1/5 oz, while larger ones include the 2 oz and 5 oz.

The smallest size of the gold coin is the 1/10th ounce (or 10 pence), which has a diameter of 16 mm and weighs 0.065 ounces (1 gram). The largest is the 100-troy-ounce coin with an approximate diameter of 40 mm, weighing one pound (16 ounces) or 32 grams.

Calculate your price by knowing the weight and purity.

To Gold Price Calculator, you’ll need to know the weight and purity. This is where it gets a little complicated. There are many gold coins, and they all have different weights and purities.

Here’s how you can find out what their weight is:

The best way to do this is to look up your coin online. Many websites will tell you exactly how much each type of gold coin weighs, so go ahead and Google yours!
Alternatively, if there’s no website listing its exact weight (or if you don’t want to spend time searching), then just use an online converter tool like this one at [url.

Conclusion

The gold price uk is an essential indicator of the global economy. It only takes a few minutes to calculate, but it can provide a wealth of information about the market and its effects on the global economy.

How to Avoid Forex Trading Scams

Finance

Sam Allcock

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20 October 2022

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Introduction

Many forex traders in the past have fallen victim to various forex trading scam platforms disguised as forex brokers and claiming to provide an excellent trading platform for traders. Some traders who trusted these scammers have mistakenly deposited funds with them for trading but found it difficult to withdraw both their capital and profits after trading.

Another prevalent scam that many forex traders have been victims of in times past is losing their trading accounts to online scammers who claim to be fund managers and requesting for the trader’s trading account details and password to manage their account on his behalf. These set of scammers often found ways of changing the trader’s login details after they have persuaded him to give them the email address also with which the account has been registered. Once the login details have been changed, they proceed to withdraw the trader’s funds from the platform using decentralized means such as cryptocurrency withdrawals. This work will help you learn about the safe brokers to trade with and avoid various forex trading scams.

What is a forex trading scam?

Forex trading scam refers to those fraudulent dealings designed to dispossess the trader of his capital. This could be from online fraudsters or unregulated forex brokers. We have therefore highlighted these major scams in the paragraph below.

What are the common forex trading scams today?

Deposit bonus and promotional bonuses: Some brokers today are known to offer their client a 100% deposit bonus for each new deposit made. This deposit bonus is meant to entice clients to deposit more to get a larger bonus. On the contrary, these bonuses are hardly withdrawable. The terms and conditions attached for claiming them are so unrealistic that some clients end up blowing up their accounts in the quest to complete the required lotsize to claim the bonus. Many traders today have lost their funds in the quest to fulfill the required conditions for withdrawing such bonuses.

Liquidation Scam: Many desk dealing brokers with no segregated bank account for trader’s capital are guilty of targeting the client’s capital. Here they always wish the client would lose whatever fund he deposited with them. Thus, they take the opposite position of all the client’s trades.

Personal Data disclosure scam: Some brokers today are guilty of sharing the client’s details submitted during the registration process with other websites that use it in running their promotional ads.

Trade manipulation scam: Some desk dealing brokers are guilty of manipulating the trader’s position to their favor. Some target the traders’ pending stop-loss used in protecting their positions in the market. Often they manipulate the market to hit the trader’s stop-loss easily.

High Leverage Scam: Some brokers reduce the trader’s equity by charging them higher leverage for trading. This increases the chances of traders losing their positions in the market in cases of high market volatility.

Robot trading Scam: Many forex traders tend to scam others by claiming to have developed an efficient robot for trading; with high accuracy which they sell at high prices to beginners. Very often some of these robots end up blowing up the client’s account.

Account management Scam: Some self-acclaimed professional traders try to gain access to other trader’s accounts by claiming to be account managers. Often they request the client’s account details and password to trade for them but end up withdrawing the funds in those accounts.

How to avoid various forex trading scams

Ensure to trade with only regulated brokers.
Avoid brokers with a track record of manipulating the trader’s positions.
Do not offer your account to a stranger for account management

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Conclusion

How to Avoid Forex Trading Scams

Introduction

What is a forex trading scam?

What are the common forex trading scams today?

How to avoid various forex trading scams

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