Incrementum: iPhone Most Affordable Yet in Precious Metal Terms Incrementum’s latest research shows that when priced in gold, the cost of the iPhone is actually going down! The iPhone 16 Pro with 1 TB storage costs 0.60 ounces of gold, which is 23% less than last year’s model. This decrease is due to the significant rise in gold prices over the past year. The piece highlights that iPhones have become increasingly affordable when priced in gold, with the current model being almost 50% cheaper than in 2018 when measured in gold ounces. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts August Jobs Data: Key to Fed's September Rate Decision READ MORE Fed's Waller Confirms: U.S. Dollar to Retain Its Global Reserve Currency Status READ MORE Gold Prices Stabilize as Focus Turns to Upcoming US Economic Indicators READ MORE A Guide to Trading Gold and Silver Futures Contracts READ MORE Market Analysts Forecast Gold to $2,600 READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment