Gold Bar Premiums Hit Record in Asia on Supply Constraints

Posted by SRSrocco in News, Silver Members on May 16, 2013 — 2 comments

SINGAPORE, May 16 (Reuters) – Premiums for gold bars rallied to all-time highs in Hong Kong and Singapore on Thursday after bullion’s steepest drop since its April sell-off fuelled another round of buying, constricting supply. Gold bars in Hong Kong fetched premiums of up to $5 an ounce over spot London prices, driven by tight…

This content is for Silver Membership Plan, Gold Membership Plan, Corporate Membership Plan, Silver Membership Plan – Annual Payment, and Gold Membership Plan – Annual Payment members only.
Login Join Now