Price for 10,000 Points
Gold Flow sets the price for Points in U.S. Dollars based on a round lot purchase of 10,000 Points. Transactions in amounts other than 10,000 Points are prorated based on the Price for 10,000 Points and rounded to the nearest cent. Gold Flow calculates the Price for 10,000 Points based on the current gold price, which is also known as the spot price.
For Buy, Give, Receive, and Use Transactions, the Price for 10,000 Points is calculated by dividing the Gold Price by 100, with the result rounded up to the nearest cent.
Example: If the Gold Price is $1,123.70, then the Price for 10,000 Points is $11.24 (calculation: $1,123.70 / 100 = $11.24).
For Return Transactions, the Price for 10,000 Points is calculated similarly except that it includes a 1% Fee, with the result rounded down to the nearest cent.
Example: If the Price for 10,000 Points for Buy, Give, Receive, and Use Transaction is $11.24, then the Price for 10,000 Points for Return Transactions is $11.12 (calculation: ($11.24 * 0.99) = $11.12).
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