> If it's really possible to walk into a "We Buy Gold" place with 12 1kg gold bars and walk out with $1.7M in cash, no questions asked I'm just surprised
the spreads are horrible in most places, outright swindles
> the spreads are horrible in most places, outright swindles
Most of those retail locations will pay 60% of spot. My sister did a lot of research looking for better deals within about 200 miles of us. We negotiated 90% of spot with the guy we sold to. The smelter (who only dealt with the wholesale trade like the guy we sold to) would pay 95% of spot.
Most of those retail locations will pay 60% of spot. My sister did a lot of research looking for better deals within about 200 miles of us. We negotiated 90% of spot with the guy we sold to. The smelter (who only dealt with the wholesale trade like the guy we sold to) would pay 95% of spot.