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In this video I talk about premiums on gold and silver. A premium is the amount you pay above the spot price of a particular metal. Premiums on silver coins are usually higher than premiums on gold coins. A typical silver premium right now is around 25% and a typical gold premium is around 5% above the spot price for 1 oz bullion. For premiums on gold coins and gold bars the smaller the gold coin or bar is the higher the premium typically is. Premiums on silver and gold can fluctuate and change as supply and demand changes. In the past we have seen higher and lower premiums on silver coins for example. I hope this video is helpful to new silver investors and silver stackers! Below is the link to the Bullion Max website which I reference in this video:
✅ Bullion Max Website:
https://www.bullionmax.com
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