Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Bobby Yellin who wrote (4942)	12/30/1997 11:11:00 AM
From: The Vet	Read Replies (1) \| Respond to of 116753

Bobby did you take note of this << Price premiums for ten tola (TT) gold bars in the Dubai bullion market have risen due to local shortages and a change in Indian tax laws that is expected to lead to a move to the yellow metal, traders said on Sunday. Premiums for the benchmark TT bar - 3.746 ounces of 24 carat gold - were quoted by traders at $5-6 over international spot prices, compared to a typical premium of just $1.35. >> It seems that we are starting to see a two tier price system. One price for "paper" gold and a significantly higher price for the real metal. I have noticed price premiums on gold and platinum bullion coins lately have gone up when compared to the quoted spot price as well.