Selling gold or silver (scrap or bullion) to dealers?

Discussion in 'Bullion Investing' started by Lacee, Dec 12, 2017.

  1. Lacee

    Lacee New Member

    The bid and sell spread for gold transactions vary from 0.5% to 35%. As a gold or silver dealer with a lower sell volume, which dealers or companies buy gold or silver in the 25% to 35% range, or do most of them try to stick to buying at as close to spot as possible? In that case, how does a dealer make 25% to 35% on his spread, do they have to sell it to the public instead? Thanks.
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