THE TRUTH ABOUT GOLD PRICING!

[@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]

🤣🤣🤣

[@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.

[@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

[@Theendhasbegun8]

It's 14k gold 24 is solid gold so add it😊

[@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

[@carsandkicks]

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

[@trackhawkleo707]

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

[@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.

[@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

[@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.

[@trippin6805]

I can listen to max spit facts all day 💯

[@akhrormuminov7180]

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

[@dopefpv389]

Just bought a ring from his store well my girl is in nyc visiting. guy at counter ,yacine, was super polite .gave me a good deal and I was on video well she was Purchasing it for me. After he was cool enough to give us a tour and got to see max. Dude was cool enough to stop what he was doing to say What's up to me on the phone mad respect this dude.gave us shirt to this dude is cool down earth no bullshit guy .thanks definitely saving buy My bracelet from you. Mad respect 🙏

[@seentheah3562]

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

[@grindhouse53]

Personally I'm a fan of Traxnyc. Rewatching the district season 1 and 2. One day Max I hope to buy a chain from you.

[@RatmanE_]

Bro I respect this man’s honesty tho💯💯

[@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

[@bazzlegee299]

Trax giving uncut knowlegde as per usual big respect

[@ginoonghampaslupa5460]

Hello Sir TraxNYC greetings here from the Philippines Im one your solid fan and subscribers❤❤❤

[@gwengold1342]

The thumbnail is everything

[@joshuafulmer556]

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

[@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.

[@aaronmcnaughton7018]

Pedro is the best silent hype man lol

[@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 🌧

[@Theendhasbegun8]

He made 50k off this necklace man. He said it 1 kilo gold man it's 12k gold and only 12k is real gold. Meaning it's only a 50k necklace he is selling at 100k😊

[@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...

[@SUETV940]

You have to add tax as well as the fact it’s in jewelry form

[@PokeUFO]

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

[@StackzOnTop]

Him picking up the chain to flex it every 45 seconds is funny af trax probably told him to do that 😂

[@Kyle-xw8jv]

This should be mandatory listening.

[@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

[@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

[@craigjones2302]

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

[@found-8]

Finally waiting all day thank you for uploading

[@tommybuxton5187]

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

[@Theendhasbegun8]

Not truthful at all

[@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

[@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

[@oscargallo1622]

We need someone like you in CALI

[@Marat.Bazarov]

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

[@markhendricks3718]

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

[@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

[@PiranhaVS]

This guy is the best

[@jacobkline5628]

frfr

[@thegeneral8876]

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

[@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!

[@Kyle-xw8jv]

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

[@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

[@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.

[@DaTruthhurt100]

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

[@Highlife1409]

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

[@pedrovargashz9044]

Thank you for the knowledge 😊

[@tysonfue476]

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

[@pimp101000]

The guy next to you is the best 🙏🏻

[@03TahoeRacing]

Thanks for dropping perspective on the game.

[@Malibukenn]

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

[@boomerzoomergaming8471]

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

[@christ2419]

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

[@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 😅😅😅

[@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

[@dylanr.7713]

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

[@susankeystone348]

The producer of that chain sells it at retail price, 43 a gram. That's a VIP Miami Cuban. That means more than likely they're producing that for 39 a gram. A fantastic chain but why not go to the source because they sell 43 a gram at retail, brand new and made to order?

[@Fanta....]

because some people have so much money that it doesn't make a lick of difference. If you're blowing 100k on a gangbanger necklace, whats a few grand?

[@Hashdollars]

There’s a wait list for this kind of shit and Traxnyc is wayyy ahead of you or anyone else who is just now in June of 2022 trying “to get at the source” they won’t sell a chain or anything else to you for the price they sell it to Trax for.

[@susankeystone348]

@@Fanta.... with the money you're saving by not shopping with someone who is a middleman so to say, in this case, you could buy something nice to go with your chain like a brand new Rolex, and the retailer who produced will still make that happy margin. The wealthy become wealthy because they know how to save their pennies and turn them into dollars ,or in this case, stretch that money to it's maximum potential.

[@Kiefy6886]

How do you find the producer though? Genuine question. For example I've always wanted a 22k bracelet without middleman even if the design is simple but want to pay as little making cost as possible. But can't find anything like that unfortunately. I know Indian 22k gold has good prices but most is imported to jewelry stores here then huge markup on them.

[@Hashdollars]

@@Kiefy6886 unless you’re thing to buy in bulk you’re not going to be able to buy directly from the producer one single chain. If you were able to do that it would kind of eliminate the whole purpose of the entire industry to people who have stores and import and pay business taxes and customs fees etc.lol Let me know when you get that done ✅ 😆 I mean I guess I wish I could buy Mercedes’ direct from them and cut out the middleman too :( would really help me out

[@mjmjmj50]

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

[@doublejump6578]

It's not an investment, I can not believe you entertain the thought of buying gold chains as an investment, buy a chain go sell it, then tell me of your great investment

[@dwazhar3494]

Whose ya man in the background😂

[@TopShota710]

Literally the realest businessmen in the jewelry game

[@jwillwork3683]

How ? Jacoje is better smh

[@GTA_500]

I like that extendo clip.

[@dougcanter670]

I did my research after buying from Trax. I bought a 48g custom necklace from Trax. 48g x .583 = 27.98g actual gold. Spot price of gold $2000.00 ounce / 31.1 = $64.30 per gram. 27.98 x 64.30 = $1799.35. I paid $2800.00 including tax, and shipping for a custom piece out of their catalog. $1799 x 1.5 = $2699.00. 50% markup....

[@ricparks7441]

Did you take into consideration the labor cost involved in a professional jeweler making your order from scratch? Just a friendly question for you. 😊

[@dougcanter670]

absolutely. was just showing the markup of chains and how it works.@@ricparks7441

[@bobfisher3825]

GET AT EM MY BOY!!! KEEPIN IT 100

[@FoundationElite]

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

[@caseychipley1671]

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

[@SnifferRiffle]

I get the point you are bringing across but you shouldn't be so angry, God has already given you everything Trax. Your children's children will never want for anything. Be happy and ignore the stupid haters.

[@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.

[@AfricanFantasyStories]

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

[@jonathanrodriguez7450]

Didn't know trax was on you tube haha

[@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..🤷🏽‍♂️🤦🏽‍♂️😂❤

[@gabrielaguilar50]

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

[@JoeKyser]

You have me convinced to buy at only one place. Im definitely doing some business

[@pleasedont8872]

This Homie is preachn the truth.

[@GSTAR999.9]

Well said...2 kilo 14ct Cuban chain ill be more than happy Trax...18ct 22 to 24ct that ill leave for the Big Boys...🙆

[@jaimevillasenor840]

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

[@AustinCameron]

I want this Rose Gold Solid Mariner Chain from Frost NYC but they doing $115 a gram.

[@ricardomartinez3359]

Good info brother

[@978LIfe]

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

[@slimehobbs1436]

How much does a 18k gold chain cost ?

[@nathanialmunro2396]

In Australia it cost $12 for a head of lettuce. McDonald's and KFC removed it from burgers hyper inflation has began

[@stoundingresults]

Wow

[@Ironman4u]

That chain looks like a choke collar for a Clydesdale!.... lmmfaooooooo!!!....Seriously....Very niiiiice merchandise!... One question for you guys.... Does your jewelry come with an armed bodyguard🔫⚔️🗡🪓 too???... Somebody might just need one....VIP styling for sure!🤑👍💍💎💰💰💰💰💰💰💰

[@ELMohel]

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

[@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

[@strykerentllc]

$99,850.00 chain and $75,973.00 in actual gold content being 14k gold (for durability of course). The question is, does the buyer actually see the difference in the chains craftsmanship to feel it's worth the $23,877.00 for the effort to make the bullion in it into a chain?

[@rolandopeters5769]

It’s 58,300USD in gold content based on today’s spot rate

[@EroticOnion23]

@@rolandopeters5769 you ain't buying gold at spot price lol...

[@nagarjunablessed4904]

@@EroticOnion23 of course you can you dummy. You can buy almost spot +2%

[@Skidmark0606]

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

[@Theirishghost.]

hahaha noddy in the background 😂😂

[@BenSundayDriver868]

Great video.

[@henryreyes8947]

It had to be 18kt for 50 a g

[@Savethepandabears]

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

[@goldenstandard187]

THAT JAY Z PHOTO 🔥❤️‍🔥

[@RockHudrock]

Too many edits 😵‍💫 Love ya, Man! But too many cuts.

[@DShockGames]

You won't even imagine how i look at my yputube feed just waitinf foe you're next video .... its wierdly refreshing and like a therapy ... Max is saying what we all think on a day by say basis but never have the guts to be this bold .... Max thank you.

[@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.

[@zibam982]

I like to see some tiaras!

[@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....

[@magneticman2003]

Your a legend mate, cheers;-)

[@Drleomd]

Never been this early

[@luisrios1424]

Like actually tho

[@sophianraden6913]

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

[@dnice2426]

Great video thanks brother.

[@rhymesandpolitic]

Raw education 👍🏽

[@shedlight369]

I fing love Max!

[@kingdingaling365]

August 18th 2023 this 1997 gram chain in 14k gold is worth $70,722 current 14k gold price is $35.14 per gram. I understand he has to make money. But.. $95k? It’s impossible to make money on this as a customer. If I was a big boy I’d be a buyer at $73k-$75k