20 June 2010
Physical Gold Buying eases as buyers wait to see if record prices stick
Record Gold Prices cause buyers to draw breath
The record Gold price achieved on the metals markets last week, caused small physical bullion investors to pause for thought this weekend as Bullionsupermarket.com recorded a significantly lower number of price comparisons carried out through its service on Sunday, traditionally the busiest time of the week.
Previously record Gold and Silver prices have caused physical buyers to adopt a wait and see posture, to see if a fall back in prices provides better buying opportunities than piling in at the record price levels. This time Gold and Silver buyers seem to be behaving no differently.