Tuesday, November 25, 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.

3 comments:

Jim said...

Does this include "buy it now" which is inflated by msft's deal or is it only actual action prices?

Jim said...

Ha, by "action" I mean auction :)

Paul Andrews said...

It's only auctions that have at least two bids.