The fact that silver on the Shanghai Futures Exchange is trading more than $8/oz above COMEX paper silver prices is one of the strongest signals in the precious metals market right now.
An 11% premium is not normal. It suggests a growing disconnect between the physical market in Asia and the paper futures market in…
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 $
