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Participant ○○

selling silver

If I'm selling a 100oz silver bar at a local gold/silver buyer....how close to the spot price is a good deal?

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Explorer ○○

Re: selling silver

Check out published spreads and premia at reputable firms:

https://online.kitco.com/

https://www.monex.com/liveprices/

Local dealers may not offer as strong a bid but you should avoid all shipping and insurance costs...and with physical market tight you are likely to get a better bid now vs spot than has been possible in many years.

 

 

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