Spot Prices vs. Physical Demand for Gold & Silver: What You Need to Know Right Now

Did you ever think the spot price of gold would soar so high that $1,876.32 an ounce would be considered a pullback? A short-lived one at that. By Thursday afternoon, spot gold prices were already back up to $1,940 an ounce—well above the prior all-time high of $1,917.90 an ounce in 2011.

Did you know gold’s 2011 high was a rebound too? It was. And those who rode out gold’s 2008 pullback saw a 155% increase in the value of their investment.

Did you know that if you walked into a gold and silver dealer right now and asked to buy a Saint-Gaudens gold double eagle, you might be out of luck? What about an MS-65 or MS-66 Morgan silver dollar? Same story.

Why? Watch the video above. See why spot prices shouldn’t drive precious metals investment decisions.

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Why Spot Prices Are a Poor Gauge of the Physical Gold & Silver Market

Spot prices, like news headlines, seldom tell the whole story. It’s true. The spot price of gold and silver did pullback this week. But prices for investment grade coins—the gold and silver products with potentially huge upside potentials—rose. And supplies shrank. Saint-Gaudens gold double eagles and high-grade Morgan silver dollars are hard to come by right now. Why? Watch the video to find out.

Get Live Spot Gold and Silver Prices here:
https://www.sbcgold.com/charts/gold-prices/

Learn more about Morgan Silver Dollars here:
https://www.sbcgold.com/buy-gold-and-silver/the-morgan-silver-dollar/

Learn more about Saint-Gaudens Gold Double Eagles here:
https://www.sbcgold.com/buy-gold-and-silver/saint-gaudens-gold-double-eagle/