Commodity Trade Mantra

Posts Tagged ‘Spot Silver Price’

Despite Gold & Silver Being Just A 'Pet Rock', Premium On Physical Bullion Is Exploding

One important aspect of the physical market that is often overlooked is the premium it commands over spot price. Right before the Global Financial Crisis in 2008, the spot Silver price fell as low as USD 9 per oz., whereas the price of a 1 oz. Silver Eagle was around USD 17 on the wholesale market and even higher on the retail market! That’s a price premium of 188%!

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