Tuesday, December 9, 2008

Physical gold retail (small qty) vs. wholesale (large qty)




CHART: Gold sold in 1oz lots on ebay, vs. Wholesale gold in large quantities (London Fix - the basis for the gold price reported by many media outlets)


CAVEAT: Volume on ebay is patchy, sometimes only one or two transactions per day. Price shown is last transaction of the day that has at least two bids.