Written by Gregory Monte.
For graphs showing the physical gold & silver premiums as well as the current physical gold/silver ratios compared to spot, please go to my website: http://www.didthesystemcollapse.org
The gold price has reached an 8-year high (over $1,770.00) … and yet … the physical gold premium price over spot is still on the decline.
The physical gold premium reached a high on 4/21/20 at 13.77%. Now it stands at 7.10%.
What does this mean for the price going forward?
It’s anyone’s guess but it is encouraging to see the spot price moving upward.
Physical Gold Price Premium for 6/23/20
Date: 6/23/20
Time: 8:30 PM
Spot Price (Goldprice.org): $1,772.62.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,898.54.
Dollar Premium: $125.92.
Premium Percentage (Physical/Spot): 7.10%
Second lowest price dealer selling in quantity is DBS Coin: $1,904.10/7.42% Premium).
Date: 6/23/20
Time: 10:00 AM
Spot Price (Goldprice.org): $1,763.98.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,889.15.
Dollar Premium: $125.17.
Premium Percentage (Physical/Spot): 7.10%
Second lowest price dealer selling in quantity is Liberty Coin: $1,896.58/7.52% Premium).
Date: 6/23/20
Time: 8:30 AM
Spot Price (Goldprice.org): $1,760.04.
Physical Price (Ebay Lowest Buy Now Price From Dealer Selling Multiple Coins in quantities of more than 10): Bullion Exchanges – $1,885.48.
Dollar Premium: $125.44.
Premium Percentage (Physical/Spot): 7.13%
Second lowest price dealer selling in quantity is Liberty Coin: $1,891.60/7.47% Premium).
Did The System Collapse? 