In this critical, 24-minute Gold Matters discussion, VON GREYERZ Partners – Matthew Piepenburg & Jonny Haycock – fight the summer heat to squarely address the factors and market explanations behind mid-year declines in the current gold price. They also speak to the longer-term directional forces behind the metal.
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 $
