Premium Over Spot Price

What is premium over spot price?

• Spot price is also known as market price.
• Premium is the extra value that is charged over the spot price.
• Charges are related to running the business, profit margin, collectible value.
• These are necessary charges without which production and availability might not be possible.

Gold Market Price

• The price of Gold is updated daily the same way as any other commodity.
• It is not possible to buy Gold Bullion at market price due to operational costs.
• Market price deals with raw metals pricing excluding Taxes and Making Charges.
• We try to offer the best prices and lowest premiums for better ROI.

Silver Market Price

• The price of Silver is updated daily the same way as any other commodity.
• It is not possible to buy Silver Bullion at market price due to operational costs.
• Market price deals with raw metals pricing excluding Taxes and making charges.
• We try to offer the best prices and lowest premiums for better ROI.

How to pay lowest premium?

• The smaller the denomination the higher the premium.
• Hence if you buy precious metals of larger denominations then you will have to pay lower premiums.

Watch the video to find out why should you be buying your precious metals from CoinBazaar