Gold Premium

[betterinvestmentthanshare]

Anyone notice the premiums on gold recently?
We are supposedly in a bear market and 1oz cast bars have a $200aud premium.
That’s higher than in the last bull run.

Gold price tells you one thing, premium price tells you another.

I think we are about to see price explosion soon

 

[spannermonkey]

Manufacturing costs don't care about spot .

 

[boston]

“Gold price tells you one thing, premium price tells you another.”

Quite a thought provoking comment especially as processing costs etc rise.

 

[trew]

Look around a bit more - there are dealer sites with premiums lower than $200 for 1oz gold

 

[dragafem]

Since the big run up high premium on everything..wont change for a while