Gold Monitoring Thread £ GBP only

[stefffana]

2 hours ago, modofantasma said:

🤣 Saw that. Presumed it was a maths issue not wanting to pay that? 

😁

Probably meaning 1% over spot.

 

[CANV]

premiums for bullion coins pushing ten per cent now 

[RDHC]

22 minutes ago, CANV said:

premiums for bullion coins pushing ten per cent now 

Yes, hardly encouraging for buyers. As the price of gold falls, the dealers just push up the premiums to compensate.

[watchesandwhisky]

Its temporary, and should even out when the market stabilises. Premiums on sovs should be about 3.5 - 4% ish and 1 oz brits should be 2.5% 

 

[Midasfrog]

Wonga says keep holding strong until Sovereigns are available at £349 each from dealers 👍

Still time for a further drop in gold price 🍻

[James32]

8 minutes ago, Midasfrog said:

Wonga says keep holding strong until Sovereigns are available at £349 each from dealers 👍

Still time for a further drop in gold price 🍻

Your getting on my proverbial t#ts

[ArgentSmith]

29 minutes ago, watchesandwhisky said:

Its temporary, and should even out when the market stabilises. Premiums on sovs should be about 3.5 - 4% ish and 1 oz brits should be 2.5% 

 

Premiums on all sovs are ridiculous imo

[Midasfrog]

3 minutes ago, James32 said:

Your getting on my proverbial t#ts

Have you been hoovering the peak 😂 😂

[Paul]

1 hour ago, CANV said:

premiums for bullion coins pushing ten per cent now 

Bullion by post and Atkinsons both stating 4-5 day wait to process orders on their home pages, and its been there on each's site for a while now

Either plenty of demand or they just arent as keen as me processing forum orders in minutes rather than days  

[Guest]

Nice to see the spot price dropping.

[AurumArgenti]

Am I the only one that gets a little excited when we have decent dips? 😆

[AuricGoldfinger]

5 minutes ago, AurumArgenti said:

Am I the only one that gets a little excited when we have decent dips? 😆

It’s only good if the premiums follow

[ArgentSmith]

48 minutes ago, Midasfrog said:

Have you been hoovering the peak 😂 😂

 

[CANV]

It’s all getting very ‘silveresque’ 

[Guest]

33 minutes ago, AurumArgenti said:

Am I the only one that gets a little excited when we have decent dips? 😆

No I do too! 

[Guest]

34 minutes ago, AuricGoldfinger said:

It’s only good if the premiums follow

I could be wrong but it looks to me like the price of some gold coins are moving up and down more than others! For instance I’ve seen 1/4 Brits are going up and down but sovereigns aren't really moving.
 

1/4 Brits are now down to £408 from £420 a few days ago but even with the dip 2022 sovereigns are still £371 

Edited October 17, 2022 by Apmex100

[Chrisplym]

@Apmex100 Where did you see the 1/4oz gold Britannia for £308? Was it a 2023? Thanks, Chris 

[James32]

Just now, Chrisplym said:

@Apmex100 Where did you see the 1/4oz gold Britannia for £308? Was it a 2023? Thanks, Chris 

£408 I assume 

[Chrisplym]

@James32 Yes, £408. £308 was wishful thinking 🤣

[James32]

Just now, Chrisplym said:

@James32 Yes, £408. £308 was wishful thinking 🤣

It's a 2022 on tavex, but gerrards have the 2023s at £413 if buying 2 or more

[Chrisplym]

@James32 Cheers! 👍

[Chrisplym]

Took a look and the price reduction only seems to work if you buy three or more even though it shows two plus like you say. Not sure if I want more than one. Thanks anyway though 👍

[Guest]

1 hour ago, Chrisplym said:

Took a look and the price reduction only seems to work if you buy three or more even though it shows two plus like you say. Not sure if I want more than one. Thanks anyway though 👍

I’m just curious why would you not want more than one? 

[Stacktastic]

£320 is my buy in for a sov & I have seen it the charts that it could come to fruition soon.  
longer period & it could be a lot lower with the stupid premiums. 
£300 at least - less with 4-5%. which IMO it should be!!! 

If the banks go bust then its anyones guess £900/oz. ??
90% is paper & it will get dumped. short term but physical will go though the roof. 
upside then £5k potential if they go gold backed currency?? 

Brix nations I dont think have a choice with it s its PM only as oil is done/controlled. 
crypto wil fail with them, but I guess the power to be have a plan???

No one knows. 

Edited October 17, 2022 by Stacktastic

[AuricGoldfinger]

I dont think gold backed currency can or ever will happen again

Edited October 17, 2022 by AuricGoldfinger