Easter Holiday leaves Gold and Silver Trading Quietly


By BullionSupermarket.com Staff on Sun, 4 Apr 2010 15:07:32 GMT

Low holiday demand sees quiet trading


The easter holiday saw interested traffic down markedly on previous weeks, most likely due to fewer lots being for sale. Closing Gold, Silver & Platinum auctions on Easter Sunday were significantly down on the previous week. Fixed price items were also more scarce as dealers took a breather over the holiday period.


With comparatively little precious metal for sale, premiums languished with even Fixed price Gold Bars remaining subdued at 11% over the London Gold Fix.


Meanwhile good opportunities in Silver were apparent with some decent weights in Kilo Silver Bars also trading at around 5% over the London Silver Fix, and some 100 ounce plus lots trading at around 7%


Prices

USDGBPEURDate
 GOLD1,256.75820.33985.6907/09/2010 PM
 PLATINUM1,556.001,014.651,219.4507/09/2010 PM
 SILVER19.6512.7915.4107/09/2010

Bullion Coin & Bar Market Alerts


 GOLD Bar / Ingot
 240 lots at average of USD 1,309.86 / oz
 4.23% premium
 GOLD Britannia
 13 lots at average of USD 1,547.51 / oz
 23.14% premium
 All US GOLD Prices
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