Gold’s sideways drift since February should not be read as the end of the bull market, according to Anthony Kim, Goldman Sachs’ Global Head of Metals Trading. Speaking on the bank’s The Markets podcast, Kim argued that the metal’s all-time high of $5,589.38 an ounce, reached in late January, does not mark the top of…
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
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