What is the gold coin's premium ? The premium of a gold coin is simply the difference between the price of a gold coin and the value of the metal it contains. It is therefore the amount added over the value of gold that contains the coin.

A piece of an ounce of gold can therefore cost – for various reasons – more expensive than other room also containing an ounce of gold.

Gold is a commodity that trades based on supply and demand. The interplay between supply and demand ultimately determines the spot price of gold at any given time.

#goldcoins #goldbars #goldprice
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