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Why Local Gold Prices Can Move Even When the Global Price Does Not

It is entirely possible for the international gold price to remain almost unchanged while the price quoted by a local dealer moves noticeably.   That does not necessarily mean the local market is disconnected from the global market. The international price is only the starting point. Local gold prices also reflect currencies, premiums, taxes, availability, […]

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How Physical Gold Premiums Work

When you buy a gold bar or coin, the price is usually higher than the value of the gold metal itself. That difference is known as the physical gold premium.   A premium is not necessarily an extra charge added arbitrarily by a dealer. It reflects the real costs involved in turning wholesale gold into […]

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