13 April 2013
Gold and Silver Plunge Attracts Weekend Physical Buyers
BullionSupermarket.com sees doubling of weekend traffic as Gold and Silver and Physical Retail Investors bargain hunt
Last weeks plunge in the prices of precious metals has caused a spike in interest from buyers of physical and precious metal coin and bars, as individuals look to take advantage of price falls.
Saturday has seen a doubling of interest across auction Gold and Silver lots in comparison to what would usually be seen over a weekend.
Falling prices in Gold and Silver will have seen premiums on many auctions, and buy it now items, in progress on Friday driven significantly higher. But bidding in newer auctions is likely to be busy as buyers bargain hunt.
Further price volatility in coming weeks will likely set the tone for further physical interest as people take advantage of dips.