Influx of 10 oz Silver squeezes Premiums

By BullionSupermarket.com Staff on Thu, 18 Mar 2010 08:07:16 GMT

Unusually high supply of 10 oz Silver Bars likely to keep premiums contained

Unusually high supply of 10 oz Silver Bars coming on to the market for auction on Wednesday is likley to keep premiums under control over the next few days as auctions come to close.

With fixed price 10 oz Silver Bars currently asking average of 29.65% over spot, the fresh supply of Silver for Auction is likely to provide an opportunity for bargain hunters.

Prices

	USD	GBP	EUR	Date
GOLD	1,248.75	808.51	980.95	10/09/2010	AM
PLATINUM	1,553.00	1,005.50	1,220.45	10/09/2010	AM
SILVER	19.97	12.96	15.69	09/09/2010

Bullion Coin & Bar Market Alerts

GOLD Eagle
302 lots at average of USD 1,360.24 / oz
8.93% premium

GOLD Krugerrand
157 lots at average of USD 1,325.66 / oz
6.16% premium

All US GOLD Prices

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