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Shanghai Gold Price Premium Soars to Near $50 Over London Price

Goldbrix

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"Today we will look to revisit the topic of the flow of physical gold from West to East. We will refer to a recent Bloomberg article about the soaring premiums for physical gold in Shanghai compared to the international price in London.
Video Chapters: 00:00 Introduction 01:05 Government bond markets showing signs of cracking 06:41 The Shanghai Gold premium and what it means 15:46 What happened to gold prices in 2019 17:09 Market update 24:30 Conclusion :
 

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poked around on ebay yesterday -- looking at gold and silver for a gift. the prices are crazy. whoever thought that physical and paper prices would diverge is a sage. seems (they) got greedy with their rigging of the paper markets - as their sway over physical is now much diminished