Miller process the gold is removed and processed in the manner required for sale or use. The resulting gold is 99.95% pure, but of lower purity than gold produced by the other common refining method, the Wohlwill process, which produces gold to 99.999% purity. The Wohlwill process is commonly used for producing high-purity gold, such as in electronics work and the manufacture of some silicates, where exacting standards of purity are required. When highest purity gold is not required, refiners often utilize the Miller process due to its relative ease, quicker turnaround times, and because it does not tie up the large
Commodity (Marxism) of value, product-values in an open market are regulated by the average socially necessary labour time required to produce them, and price relativities of products are ultimately governed by the law of value. Commodity-trade, Marx argues, historically begins at the boundaries of separate economic communities based otherwise on a "non-commercial" form of production. Thus, producers trade in those goods of which those producers, have episodic or permanent surpluses to their own requirements, and they aim to obtain different goods with an equal value in return. Marx refers to this as "simple exchange" which implies what Frederick Engels calls "simple commodity