Gold is having a strange few weeks.
First, it started climbing after the Treasury said it would double the size of its long-end buyback operations, which I wrote about in the first monthly issue of SNAFU Investing on Saturday. That pushed gold to its highest level since May.
Then Fed Chairman Kevin Warsh rattled the market on…
SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand.
SPOT PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand.
PHYSICAL PRICE :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
PRICE
REFRESH
