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<p>[QUOTE="ahearn, post: 695284, member: 18211"]The difference in prices of gold and silver bars is simply the difference in premium (markup) over spot price. Different manufacturers and sellers have different premiums. You can find spot prices for gold and silver at kitco.com or any number of other sites. Spot price changes by the miniute. If you are simply buying for bullion value, buying bars that are attractive to you at the lowest premium is the way to go.</p><p> </p><p>Buying fractional weights of gold and silver usually means higher overall premiums. For example, you would in most cases pay more premium when buying 10 - 1oz. bars than if you bought a single 10oz. bar. Therefore, buy the largest weight bar you can afford if you want to minimize costs, although sometimes you can find "sales" ("only 79 cents over spot", for example) on lower weight bars. I've also found success at bidding under spot or at spot on bars on eBay from sellers who are regularly selling bars almost every day.[/QUOTE]</p><p><br /></p>
[QUOTE="ahearn, post: 695284, member: 18211"]The difference in prices of gold and silver bars is simply the difference in premium (markup) over spot price. Different manufacturers and sellers have different premiums. You can find spot prices for gold and silver at kitco.com or any number of other sites. Spot price changes by the miniute. If you are simply buying for bullion value, buying bars that are attractive to you at the lowest premium is the way to go. Buying fractional weights of gold and silver usually means higher overall premiums. For example, you would in most cases pay more premium when buying 10 - 1oz. bars than if you bought a single 10oz. bar. Therefore, buy the largest weight bar you can afford if you want to minimize costs, although sometimes you can find "sales" ("only 79 cents over spot", for example) on lower weight bars. I've also found success at bidding under spot or at spot on bars on eBay from sellers who are regularly selling bars almost every day.[/QUOTE]
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Gold coin vs. bar purchase advice.
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