The Shanghai Gold Discount to the Physical Gold Price Hits Lowest Point Since July 2020.

Posted 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.


While the Shanghai premium/discount to the spot price has remained fairly steady since January of 2021 (hovering near the 0% line), the same cannot be said for the the Shanghai discount to the physical gold price. Since July 1, 2021 the discount has narrowed from 10.25% all the way down to 6.44%. The chart above shows this quite distinctly.

Something to keep a close eye on because this is not normal.

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