Shanghai Price Spikes to Large Premium Against Spot

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:

UPDATE 9/8/21: The Shanghai Premium to Spot Price is at the second highest level since I started recording this information: 1.62%. The highest discount before this was on 6/16/21 when it hit 1.86%. Also interesting is that the Shanghai Discount to Physical is at the absolute lowest since I began this chart: – 4.64%

Shanghai Discount/Premium to Spot on 9/8/21 @ 12:45 PM EST: 1.62%

Shanghai Discount to Physical on 9/8/21 @ 12:45 PM EST: -4.64%.

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