What drop in value should i expect when selling gold bullion?
by admin ~ July 18th, 2010 . Filed under: Investing .
findthemall_82 asked:
Hi, i am about to buy gold bullion but i want to understand that what should be the price i should expect when selling it back in the market. I understand that it is lower than spot price but how much lower will it be? maybe in percentage.
Hi, i am about to buy gold bullion but i want to understand that what should be the price i should expect when selling it back in the market. I understand that it is lower than spot price but how much lower will it be? maybe in percentage.
Can you also tell me if the difference of price drop while selling a Credit Suisse gold vs. American Eagle gold coin.
Thankyou
Zachery Kaderlik
July 18th, 2010 at 6:26 am
The typical markup at purchase and fee at purchase and fee at sale is to from current spot price for any gold sale is to from current spot price for any gold sale is to from current spot price for any gold sale so you should shop around.
The typical markup at sale is to from current spot price for any gold sale so you should shop around.
July 20th, 2010 at 8:50 pm
Go to Ebay. You might even find a buyer who will pay over spot.