22 January 2009
January 2010 sees Silver interest outstrip Gold at BullionSupermarket.com
10 Troy Ounce bars trading for 8% over spot
January 2010 is seeing significantly lower levels of interest in Gold Bullion at http://bullionsupermarket.com with precious metals investors instead opting for cheaper Silver.
Whilst the Silver has not kept up with Gold during the recent precious metals rally, it is perceived by some to have greater upside than Gold. This combined with the squeeze on disposable incomes after the Christmas holiday period makes cheaper silver an altogether more attractive option.
Silver Bar premiums are currently trading at the lower end of the range at around 15% on a 1 troy ounce bar, with 10 troy ounce lots changing hands for about 8% over the London Silver price.