London Gold Market Report |
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Gold Prices Slip But "Demand Up, Premiums Up" as Gold Coin Shortage Locks Out New Buyers THE SPOT PRICE OF GOLD in the international wholesale market slipped below $825 early on Friday in London, but stayed on track for its sharpest one-week gains since 2001 after losing $150 per ounce from the end of July. "Demand is up and premiums are rising throughout the globe," said a professional gold dealer to BullionVault by email today. "In Turkey – I kid you not – premiums can be $35 over
Filed under: Fundamental
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