25 March 2010

Fixed Price and Auction Gold and Silver price diferential remains high

Recent price action leaves unresponsive Gold and Silver sellers with no buyers

Recent declines in the Gold and Silver price, has created a wide disparity in the market between the prices being asked by fixed price sellers and the price achieved by auction items


1 ounce silver bar closing auctions were trading at 15.23% over spot compared to an average asking price of 42.6% on the same items for sale at fixed prices



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