At GYPPHY, we use gold and silver purchased through fair trade in some of our products. We belong to an organization called Fairmined, which trades with more carefully selected mines and at more competitive prices than typical fair trade organizations. We have added a small amount of gold and silver to our inventory through them, and we would like to report this below.

■Fairmined Silver (Added October 11th)

Additional amount: 300.1g

Price (USD/g): 2.85 USD/g

(323 yen (exchange rate as of October 11: 1 dollar = 113.3 yen, according to Yahoo Japan Finance))

List price: 93.17 yen

(Rates as of October 11th; refer to Tanaka Precious Metals website)

Fair trade rate: 347%

Due to the limited supply of Fairmined Silver, our contracted supplier imposed restrictions, limiting our purchases to 300g.

■Fairmined Gold <Added October 11th>

Additional amount: 30.07g

Price (USD/g): 69.73 USD/g

(7,900 yen (Exchange rate as of October 11: 1 USD = 113.3 yen, according to Yahoo Japan Finance))

List price: 7,021 yen

(Rates as of October 11th; refer to Tanaka Precious Metals website)

Fair trade rate: 113%

Since we still have Fairmined Gold in stock at GYPPHY, we only purchased a small amount this time.

■Actual invoice

For more information about Fairmined, please see below.

What is Fairmined?