This is the summary of consumer reviews for Monoprice 24k Gold Plated Speaker Banana Plugs, Closed Screw Type (5 Pairs). The BoolPool rating for this product is Very Good, with 4.20 stars, and the price range is $5.49-$7.99.

Banana plugs widely used for connecting a wire to equipment like amplifier loudspeakers and hi-fi sound systems. They are simple, safe (no chance of stray wire strands creating a short across contacts), and looks more organized. The CLOSED SCREW TYPE is a modern and high-quality banana plug that can accept bare wire or spades. They are sized to fit speaker wires from 12 to 18 AWG. Each pair comes with one plug color coded red and the other coded black, for easy polarity identification. The plug body is made up of brass, which is then plated with gold to help prevent corrosion and ensure smooth connections. It includes five pairs of plugs, perfect for connecting the satellite and center channel speakers in a 5.1 channel setup.

Users love Banana Plugs Closed Screw Type as it is a great and high-quality product at a reasonable price. The plugs are well made, easy to put together and connect. They work like a charm with the conventional stranded speaker wire and give secure connection.  

However, Banana Plugs Closed Screw Type does not come with the instructions. People have recommended going on YouTube to understand how it works. For a few, these plugs are not easy to work with,  damage the cable, and would have been better if they had a rubber or plastic cover on the side.

Overall, Monoprice 24k Gold Plated Speaker Banana Plugs Closed Screw Type is a great product and a breeze to connect and disconnect speaker as needed.