Bullion Premiums Explained | Why You Pay Above Spot
You look up the gold price, do a quick sum for a one-ounce coin, and then see the dealer's price. It's higher. Not by a huge amount, but enough to make you stop and wonder whether you're being taken for a ride, or whether you've missed something.
Usually you've missed something, and it has a name: the premium. If you're comparing sellers, the page for nz gold merchants is one place to see how a...