Historically, the price of platinum is much higher than the price of gold. Seeing gold higher or equal in price to platinum is highly unusual. The current situation makes me want to consider platinum as my next purchase. However, I have noticed the premiums on platinum to be quite large.
As an example, apmex:
http://www.apmex.com/Homepage/Default.aspx
The current spot prices are (rounded to nearest dollar):
Gold $1656
Platinum $1618
Buy prices for a Random Year 1 ounce American Eagle:
Gold $1744
Platinum $1819
While, the spot of gold is ~$40 less, the actual buy price is ~$75 higher for platinum. Is this what everyone else is seeing at various merchants?
As an example, apmex:
http://www.apmex.com/Homepage/Default.aspx
The current spot prices are (rounded to nearest dollar):
Gold $1656
Platinum $1618
Buy prices for a Random Year 1 ounce American Eagle:
Gold $1744
Platinum $1819
While, the spot of gold is ~$40 less, the actual buy price is ~$75 higher for platinum. Is this what everyone else is seeing at various merchants?