BullionSupermarket.com and FastMarkets to cooperate on retail bullion price comparison
FastMarkets Ltd and Jon Hunt Associates Ltd, owners of the BullionSupermarket.com platform, are pleased to announce a joint venture. This will see cooperation to build the existing BullionSupermarket.com price comparison platform into the leading precious metals retail portal for the purchase of gold, silver and platinum coins and bars.
The BullionSupermarket.com platform enables users to see prices for bullion coins and bars in a fully transparent way by comparing the price of thousands of bullion coins and bars against the live spot wholesale price of the metals. In this way, site users can for the first time see which offerings are delivering the lowest premium and hence best value. Prices for bullion coins and bars are compared from a number of sources including electronic auction sites and directly from coin dealers.
FastMarkets Ltd, established in 1999, is a leading supplier of expert news and analysis on the global metals markets. This editorial is combined with a full market data service to provide complete market information services for metal market participants through the BaseMetals.com and TheBullionDesk.com products.
Jon Hunt Associates Ltd (JHA), established in 1998 is a UK-based independent software development house providing state-of-the-art technology for a wide range of sectors including financial services, construction, public utilities and motor sports.
Dominic Hall, CEO of FastMarkets, commented "We are very excited to be joining forces with BullionSupermarket.com - we believe the platform has great potential. We will be making BullionSupermarket.com available to the large retail global audience of TheBullionDesk.com as well as our trade partners through close integration."
Jon Hunt, MD of JHA, added: "Free price comparison services in other sectors have proved enormously popular with consumers and retailers alike. Consumers value the convenience and transparency, while for the trade, there are huge advantages in focussing retail buying interest to deliver a more qualified audience. We look forward to seeing these advantages flow through to the retail bullion sector."