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The commodity price depends on whether you're buying or selling. You'll see either the buy rate (ask) or the sell rate (bid) in-app before making the transaction. The difference is called the 'spread' and has two components: the market spread and Revolut's mark-up applied per order.

We apply a fee when you buy or sell commodities.

• Standard plan: The fee is the higher of a fixed minimum fee of 150 JPY, or a variable fee which is 1% of the order value. Standard members who frequently engage in exchange transactions in excess of the Standard Exchange Allowance of 300,000 JPY will be charged a variable fee of 1.5%
• Premium or Metal plan: The fee is the higher of a fixed minimum fee of 150 JPY, or a variable fee which is 0.5% of the order value

The price shown in-app is expressed per troy ounce. This is the market value of one troy ounce, which is the standard unit of measure for commodities and roughly equates to 31 grams of gold.