It's not. 1.046g (1g = $36.48 USD) is $38.16, which is around 0.0485 BTC. So he is selling for under market value.
@OP is this gold like virtual currency from goldmoney or actual, physical gold in which you currently possess?
Thanks for your statment regarding for my post, Yes it is virtual from goldmoney, but you can change it to physical if you want to, I think there is a certain minimum amount of grams of gold. They can give that through in their redeem system in converting it to real/physical gold.
How do you get this gold? Did you buy it or from referrals?
If brought it from credit cards then buyers should be careful sometime bitgold will block your account for buying gold from an unknown person and saying that gold brought using a fraudulent credit card.
It's a gold currency, You can buy it or sell it whenever you want, plus it is goldmoney now, no more bitgold I think. I think what your are trying to say is the issue about reversible payments.
I understood it is goldmoney now and earlier it was bit gold but you didn't answer my first two questions yet.
Even though they say can buy from anyone and can sell to anyone but if gold is brought from credit cards then later can be easily reversible and your not yet a trusted member on this forum so you need to provide proof for how you got this gold.