03 June 2010

Silver Bullion Premiums up

Fixed Price 1 ounce silver premium rises to 44 Percent

BullionSupermarket has reported sharply increased silver premiums across the board in the wake of the recent rally in Silver and Gold.

US Fixed Price 1 ounce silver premiums have risen to around 44 Percent, with Silver bullion coin premiums also up at around 55%.

With Silver premiums being traditionally more volatile than Gold premiums, the recent drop and subsequent recovery of precious metals, in concert with falls in stock prices, may well have given precious metals buyers the encouragement to enter the market.

With Silver premiums being traditionally more volatile than Gold premiums, the recent drop and subsequent recovery of precious metal prices, in concert with falls in stock prices, may well have given precious metals buyers some encouragement to enter the market.

BullionSupermarket has seen stronger than average traffic over the last week, with the ratio of winning bids increasing to 45.1% indicating strong buying interest among buyers.


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