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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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Why Gold Prices in Shops Differ From Online Gold Rates

It is common to check the gold price online, visit a jewellery shop or bullion dealer, and find that the price on the counter is higher. That does not automatically mean the online rate is wrong or the shop is overcharging.   The two prices usually represent different things. An online gold rate is typically […]

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