What Affects Premiums on Gold Bars
Premiums are the extra amount paid over the gold spot price when buying bars. These can vary depending on the bar’s size, origin, and current demand.
Factors that influence premiums include:
- Bar weight and format – Smaller bars usually carry higher premiums due to production and packaging costs.
- Mint or refiner – Recognized producers like Valcambi or Credit Suisse often add brand value.
- Market demand – In times of economic uncertainty, premiums may rise due to increased buying.
- Packaging and condition – Sealed, tamper-proof packaging and pristine condition often increase the resale value.
- Location and availability – Local shortages or limited access can drive prices above average.
When working with a gold bar dealer Durham, ask for a breakdown of pricing to better understand what you’re paying for and how it compares to market trends.