THE TRUTH ABOUT GOLD PRICING!

I see too many people getting skimped trying to find the "cheapest" per gram price for gold pieces. In this video, I showcase our 2 kilograms, 14k, Cuban Link Gold Chain and break down everything you need to know about "per-gram-pricing", undervalued gold, and scummy businessmen. No bullshit, no cutting corners, just the facts. Let us know what you think of the video in the comments below!
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* THE TRUTH ABOUT GOLD PRICING! *
#TraxNYC
#GoldPrice
#GoldPrediction2022

[@johndoseph9018]

Lol Pedro in the back Just nodding his head the whole video😂😂😂

[@johnbarros7280]

He is a legend

[@dennissourvanos737]

I thought he had to go pottie.

[@KoyoteMaglen]

Just seeing Pedro face evertime Trax spazzed was hilarious 😂

[@raylegend808]

🤣🤣🤣

[@tommybuxton5187]

One of the best if not the best Being truthful goes a long way

[@alexbenvo]

50$ per gram is a great price actually ! Usually jewelry stores will charge double the gram price so 14k gold worth 33$ per gram so jewelry store will charge 66$ minimum so 50$ per gram is really good actually

[@thomaseidst3170]

And think about the work that was used to make it As well

[@ernestsmith2411]

50$ a gram is 74.64$ a pennyweight I think he said 10kt that's a lot over price

[@josephmanzano6909]

​@@ernestsmith2411nah go back he said 14k 2kilo

[@zache3818]

Doing business with Pedro will save you 10% or essentially $10k. Generally it’s the owner of a business that will give the best deal but I guess over there it’s the hotline

[@Make-Asylums-Great-Again]

Hotline bling

[@marekkolenda2803]

How verified what carat gold it’s and gold testing 999 higher or lower

[@muhammedsuleiman8047]

Bro the 14 k gold price is 29$ wtf he asking 50 for and its 2000 grams times 20 your paying 40000 dollars for the craftsmanship and for him to profit

[@orbit7262]

@@muhammedsuleiman8047 To be fair at the time of filming an oz of pure gold was like $1950 and now its $1700

[@laszlosarosdi5417]

@@muhammedsuleiman8047 A quick google search brings average markup on gold jewelry as 100 percent, so he is actually cheaper than average. I am not saying it is cheap compared to pure gold, but it seems that his price is less than average.

[@swagnmane97]

Absolutely love the knowledge brother. Thank you for your time my man excited to receive my custom bracelet from your boy Carlos absolutely fantastic service 👍

[@wolfgangkrausser3220]

What knowledge¿ he was just screaming like a b**** cuz cant keep selling cloud 🌧

[@tristan_tate_25]

Finally waiting all day thank you for uploading

[@RatmanE_]

Bro I respect this man’s honesty tho💯💯

[@ald8612]

Pay no more than $45/gram for 14kt. gold jewelry, PERIOD!

[@bluewrx04]

in a perfect world .... show me where u can get a 16 gram 14 gold cuban miami chain for 750

[@dannygreen592]

@@bluewrx04 Do some research and stop only watching jewelry videos that have to do with Trax...

[@03TahoeRacing]

Thanks for dropping perspective on the game.

[@trackhawkleo707]

Love this guy. What you see is what you get. No bullshit, n the edits to the episodes are fire 🔥

[@DaTruthhurt100]

Straight forward business man that’s what I’m talking about straight to the point no BS

[@bobfisher3825]

GET AT EM MY BOY!!! KEEPIN IT 100

[@pedrovargashz9044]

Thank you for the knowledge 😊

[@seentheah3562]

You get what you pay for - sometimes. It's nice to see how passionate you are about your profession.

[@mjmjmj50]

I love these videos, blunt in your face investment advice 😄👍💛 Quality over quantity.

[@Marat.Bazarov]

Sign language interpreter blew my mind and made my day! BIG UP! :)

[@gwengold1342]

The thumbnail is everything

[@dnice2426]

Great video thanks brother.

[@markhendricks3718]

Your awesome man . The brutal truth, I love it.

[@bazzlegee299]

Trax giving uncut knowlegde as per usual big respect

[@DRDURSTDRxDURSTx]

Max speaking truth! Bought my chains years ago sold them and bought a rolex :) man is a teacher!

[@jameschristopher3405]

Should sell that Rolex now…

[@DRDURSTDRxDURSTx]

@@jameschristopher3405 atm i am quite set for money no need for that. Thanks for your concern.

[@alexbenvo]

@jeremy durst I think he’s just saying to sell it cause watch prices are insane right now good time to sell to make profit weather the moneys needed or not

[@DRDURSTDRxDURSTx]

@@alexbenvo im just being an internet troll and no i cant replace. I would be paying more to replace it if i were to sell it. I got mine at retail and i cant get it cheaper then that. Plus like i said i dont need the money. ❤

[@jameschristopher3405]

@@DRDURSTDRxDURSTx yeah, just saying watch prices are crazy, sold mine just recently.

[@moneymakingsim4314]

Dude I been buying, selling and creating small pieces part time for 8 years.. His website pricing is waaayyyy above “50 bucks” per gram for 14k!!! Straight up lies… they have a 21 gram 14k cuban listed for 2400 bucks!! That’s only $724 worth of 14k gold!! That’s like $114 bucks per gram of 14k! It takes me roughly 3 hours or less to make one using old-school bench equipment…Making a 1600 dollar profit in a couple hours is amazing!!🤯🤔Hey if they buying it why not..🤷🏽‍♂️🤦🏽‍♂️😂❤

[@Highlife1409]

Your 💯 bro these folks don’t kno but I learn alot from you bro

[@user-yp7lm8jk2z]

great content.keep up.

[@aaronmcnaughton7018]

Pedro is the best silent hype man lol

[@pleasedont8872]

This Homie is preachn the truth.

[@shedlight369]

I fing love Max!

[@akhrormuminov7180]

Max take care of yourself. Be careful brother. People want the truth. God bless

[@gabediaz8018]

he honestly knows what he saying i have a jewelry store in rochester ny and i tell ya in the malls people are paying 60+ a gram i sell at 45 a gram 14kt

[@rhymesandpolitic]

Raw education 👍🏽

[@GTA_500]

I like that extendo clip.

[@ricparks7441]

Maks, something I found useful after having been on this planet for almost 80 years is having a working definition of different types of gold. There is gold plated, gold bonded, gold filled and semi-solid gold, for example. Maybe some of your followers don't know the way that different terms can rip them off when they're buying gold, if they aren't careful. Thanks. RLP, USAF Retired, LV, NV

[@user-cg7qe1xj2p]

This guy says he’s not robbing you while robbing you

[@jameschristopher3405]

50 a gram isnt bad tbh.

[@user-cg7qe1xj2p]

@@jameschristopher3405 when your buying a 5g necklace not a 2000g chain

[@jameschristopher3405]

@@user-cg7qe1xj2p point taken.

[@corso4547]

For clout?

[@user-cg7qe1xj2p]

@@corso4547 yeah they try to get clout but can only serve people who cant think for themselves

[@carsandkicks]

Fax just paid 140$ for a handmade silver Cuban with 40$ worth of silver lol. 100$ worth of labor 🤷🏻‍♂️

[@PiranhaVS]

This guy is the best

[@jacobkline5628]

frfr

[@FoundationElite]

🤣🤣🤣🤣Kept it too real...Strap up extended clip

[@tysonfue476]

Every time pedro lifts the 2kg chain up take a shot

[@ricardomartinez3359]

Good info brother

[@georgeramos3632]

I love the way you tell it 100%…

[@jaimevillasenor840]

love you man , will be seeing you with my boy for a couple of two kilos cuban chains . soon . Jaime Jose .

[@J41rock4u]

i like a lot to hear from you , no flafla straight to the point no white gloves on , thats the way i prefers to lurn something

[@joshuaakablockboijfulmer4790]

I went back to this video to say trax I wanna get that 10mm 14kt 25 inch chain. U know I'm been on ever video asking . It's my dream

[@boomerzoomergaming8471]

Dope video Trax! Wish I had enough money for a gold piece from y'all, keep up the hustle bro

[@Dancingontgesun1942]

TraxNYC do you think the Graff Diamonds Hallucination is overpriced at 55 million? I need an expert opinion.

[@mikeholmed7029]

Ok if gold is $1881 and theres 31.5grams in a troy ounce. That means the price of 24k is roughly $60 a gram. If hes selling 14k at $50 a gram you are paying too much. Most jewelers will say your not just paying for the gold. The jeweler would be right, youre paying his rent,lights and taxes along with the gold price. Ask the jeweler how much is the gold worth in scrap, bc thats the real price the chain is worth! Dont forget when scrapping gold they buy in dwt or penny weight. A dwt is 1.5 grams.

[@Dee_Znutz_00]

💯💯💯

[@Neek456]

U not going to buy anywhere tho at scrap value unless u in the business

[@Dee_Znutz_00]

@@Neek456 You're still getting ripped off buying 14k gold jewelry at $50 a gram instead of 24k bullion at $60 a gram. Jewelery is always way overpriced.

[@vincedemo2752]

@@Dee_Znutz_00 so if gold on market value today is $31.85 a gram for 14k. Respectfully, hypothetically how much are you willing to pay per 14k gram on a 25 gram curb link chain?

[@Dee_Znutz_00]

@@vincedemo2752 Expect to pay 3x over spot price for artistic value of jewelry. Add some cheap diamonds to it for the bling and the price skyrockets. Diamonds aren't rare, the DeBeers company did a good job of marketing them as such.

[@Malibukenn]

Definitely gonna be dodging bullets and you gotta have the extendo wearing this chain 😂🏆

[@BenSundayDriver868]

Great video.

[@trippin6805]

I can listen to max spit facts all day 💯

[@aaronsanchezz]

what u think about Daniel jewelry? im about to pull the trigger on a a solid 14k 9mm 24" .... the trax nyc website seemed to be like 500 higher....

[@978LIfe]

Nothing less than 18k for me. Holds better value and looks better.

[@slimehobbs1436]

How much does a 18k gold chain cost ?

[@mrglock2313]

Trax is the best

[@sophianraden6913]

May I ask why ya stopped doing grills at the moment ?

[@andyhaas5117]

Max ur a good dude

[@dylanr.7713]

“Dodge bullets, and wear it on your neck”. 🤣🤣

[@Theirishghost.]

hahaha noddy in the background 😂😂

[@sabrinamerrick1271]

So Pedro, how does your neck feel after rocking that big chain?

[@SMThug89]

First price that comes from them that is good. It is about a 52% markup at $50 per gram. Daniel Jewelry and others charge around 35-45%. Normally this company charges about 125% Mark Up on their stuff. Really great 👍🏻 competitive price. Digging the $46 price per gram. Only 39% mark up.

[@realeyesrealizereallies3210]

So honestly is this man a crook? Cuz I’m new to his videos and I made a comment that there’s just something about him I don’t trust and idk what it is. It just seems like he makes it sound like he’s the only honest jeweler in the game and only his pieces r worth it and the best deal. Can u explain this to me?

[@tattednyctrkman8119]

@@realeyesrealizereallies3210 He is a crook. Believe me.

[@ryanblanchard2508]

If you check their site and do the math on some prices, he does charge 75-100 per gram for 14k pieces which is borderline criminal. Same thing with Frost NYC. With that being said, he’s got a lot of employees and his shop is in NYC diamond district so I could only imagine what his overhead costs are between payroll and rent. Still, I believe he relies on uneducated people new to gold pieces that don’t understand cost. They just see a piece and know they want it and pay asking price.

[@tattednyctrkman8119]

@@ryanblanchard2508 This guy and all of them at 47st are scammers. They all have a good story to tell. And want to make it look they are legit and giving u the best deals possible. BS. They know exactly what they are doing. They cheat every one every day of the week down there.

[@Mousevengeance]

​@@realeyesrealizereallies3210 you can't tell just by looking at him? Lol

[@supremegiddins7203]

I can't wait for the opportunity to invest in my first set with you!! That's all I have to say, You are pure truth💯

[@johnbeltran4988]

Buy gold bars, Jewelry is a waste of money. He is going to charge you Jeweler cost per gram and when you sell is goin to be gold spot price. For what he charges for this chain you can buy a little les than two kilos of pure gold he is giving you 2 kilos of 14K. looks cool but a bad investment.

[@ThatGamerAlexIsThatBoy]

I’d say both, and also never a bad investment, the gold can alwaysss be separated, just not the same bang for buck, for sure have gold bars, but sometimes have a bit of jewellery isn’t too bad

[@pimp101000]

The guy next to you is the best 🙏🏻

[@LeFreeze_]

I feel this dude

[@jonathanrodriguez7450]

Didn't know trax was on you tube haha

[@craigjones2302]

Would buy off this honest man ❤ tell it how it Best honesty is best

[@stevenlaughs]

I buy a lot of gold and that’s very close to spot what Pedro said . With the size of Trax NYC and the over head of the company that’s a great price . Not to mention the quality . That’s a piece you can enjoy for a long time and with inflation you could get your money back possibly or more 👍

[@clint8302]

Good for American prices but overseas same price for 22k, 23k & 24k gold

[@stevenlaughs]

@@clint8302 yes that’s very true . Best prices are definitely with the Arabic nations . They sell it very close to spot price sometimes extremely small margins

[@thegeneral8876]

Trax you my NIGGA!!! Straight dropping gems if I ever get well off I’m going to New York son!!! From Cali 😂💯

[@dominobeast925]

No lie I fuck with bruh 🤣but needa chill just a bit but I love the fact that your for the ppl and you speak your mind and never on no fake shit

[@BenDover-dy8cp]

is it possible to have a chat with max?

[@andreww2111]

In Cali this pawn shop wanted to give me 21$ per gram , luckily this channel gave me some lessons on not to get ripped off

[@HoodRichforeign]

21 a gram is a steal of a deal what are you on

[@FilosofoCA]

Fr lol

[@dukeyin1111]

@@HoodRichforeign He meant, he was selling the chain to the pawn shop, and the pawn shop offered him $21 per gram.

[@hallucin8-]

Always bringin knowledge fuck the haters

[@Legendary8170]

Nice Cuban chain I need to get me one like that but it a probably be smaller

[@Kyle-xw8jv]

If this guy is half as authentic in real life, I would entertain.

[@goldenstandard187]

THAT JAY Z PHOTO 🔥❤️‍🔥

[@faustochavez4193]

all i want to know if which price is the right fair MSRP price and which is the right fair sale price. and how do you check the chain's purity to make sure it is what they say it is without damaging it? i'm new and trying to learn.

[@LirysJewelry]

BUTTTTTTT spot price is $34.86/gram! You mean to tell me you're not going to work for free?? UNBELIEVABLE 😂

[@Sal.357]

And this is the reason why people go to the stores in Miami and other places in Florida, because those that don't know any better, they think they are getting a great price. Those that know about the pricing AND as well as the places who makes them they are obviously calling him out which is now why he make another video to kinda correct himself and give a better price. You guys do Awesome work on your Cubans. Hope you don't turn into this clown and over charge customers. Keep up the great work you guys do.

[@AsaahJoe]

but it's 14k not 24k meaning 1167 grams out of 2000g is what's actual gold. Insane markup if you ask me

[@caseychipley1671]

I seen a whole new side of Pedro and that shis funny af😂😂😂😂😂

[@Skidmark0606]

With inflation. It’ll be a smart idea to invest your cash into gold. Whether it’s wearable or storable.

[@Kyle-xw8jv]

This should be mandatory listening.

[@ghsjays506]

I’ve been buying gold since I was 13 & I an’t gon stop buying

[@Businessaccount1153]

MAY BE WE CAN WORK TOGETHER

[@tibetanchieftan9679]

I need to own at least 10 homes and 2,000 acres of land before i buy that first chain in the video, but when i do i coming to this store!

[@dwazhar3494]

Whose ya man in the background😂

[@edwincanton6558]

My brother what advice you have for someone like me trying to get started in this game I have nothing but the upmost admiration towards you and I watch all your videos here and on instagram

[@bostonbruinsfanboy]

When can i bring my mom by for the stamping?

[@gabrielaguilar50]

$45 for 13.5k is still better deal then $75 for 14k.

[@Forever_Standing]

Thank you. I have brought 2 chain with your company. Looking to buy my 3rd. Hopefully u can it that 50 dollars a gram price. Will !!! Is the best

[@peterbennpan7288]

How can you keep track of all your stock with so many people working in your shop?

[@christ2419]

Prices are not bad per gram actually and at least you can trust him.

[@Teej92LV]

I was wondering if you guys ever do business directly with the mine for diamonds? I was watching another video from some other jeweler and he was talking about buying straight from the diamond mines and I know he’s not getting diamonds for a better pice\deal as TraxNYC. Keep up with the information and entertaining videos!

[@dannygreen592]

No, like any other jewelry store, they order from wholesalers. If the person you say is getting the diamonds direct, yet they are higher price than Trax diamonds, something is wrong. When you cut out the middle man, the price goes down, not up.

[@PokeUFO]

If I ever make it big I'm buying gold from this Man

[@dougtrumbull3337]

Sorry I couldn't claim my so called prize, tired of trying ! Have treatment in few hrs.tierd! I will still watch your videos regardless

[@reyfuentes-fo5te]

Real talk

[@jwrhustle]

I live in Angola and I work on the diamond industry, I’m 18 years old! We buy cheap and sell big…..bro fr tho I feel you, this jewelry global industry is mad 😅😅😅

[@getupandtravel]

What site or app do you use to get todays price? I'm looking for daily oz price, 22K, 18K Whats the difference from buy, ask, sell, and spot prices? Can someone break it down. I noticed different prices on each.

[@edwincuevas4823]

Purity basically 24 is spot price 18 is a little less and so forth

[@zibam982]

I like to see some tiaras!

[@foreigneuro8893]

bro this guy keeps teaching me i love it.... always trax speaking facts no one cant scam a dollar from me especially when it comes to a buying gold chain or diamonds

[@technicalmadman2986]

Another informative great video" However myself.... I just buy bit's of gold bullion to sit on, because there's no labour costs unlike jewellery ect.. And I'm Not interested in trying to look like Henry the 8th lol.

[@ELMohel]

INTEGRITY COUNTS! Thank you❤ DOWNFALL NEVER JUST THE OPPOSITE BROTHER.

[@delljopshorseracingtips4693]

Top stuff

[@Stlogic]

Strap up.. extended clip 😂😂

[@LukeCreates.]

Hello Mak wow can’t believe you had in accident on your scooter. I was out there yesterday had an appointment a few buildings after your store as I walked by your store I took a glance in your store to see if you were there and as I was walking I passed by someone on a scooter then then I noticed it was you I wanted to walk over to you by your store to say hello but I didn’t want to bother you but I’m glad your ok God bless you and your family oh I met one of your ex employee really nice guy his name is Johnny I met him at Studiojewelersltd school he talks very highly of you and you are proof that hard work pays off and anyone can achieve their dreams if they really want to congratulations on all your success and I wish you a lot more success Mak health first then wealth Take care God bless you

[@henryreyes8947]

It had to be 18kt for 50 a g

[@Savethepandabears]

I doubt it his prices are insane I bet it's 14k