Extreme Demand for Small Format Gold Bars; Silver Bullion increases premiums across the board for gold bars and certain gold coins

In recent weeks, we have received word from suppliers and refineries across the industry that their selling premiums for all (including kilobars and 100 gram) gold bars and certain gold coins have gone up. Even though we have seen extreme demand for small-sized gold bars, demand for gold coins has remained stable. In light of these developments, we have increased premiums accordingly for many of the gold bar products and some of the gold coins we sell.

Heraeus informed us of their price increase. Contrary to other reports out there, Argor Heraeus is still allowing wholesalers like us to pre-order. Metalor has also increased their rates for all their gold bar products.

Our own shop at Millenia Walk has seen brisk buying and buyback activities for the past few weeks, as threats of tariff increases from the US Government continue unabated, to foes and allies alike.

Silver coins and bars have so far remain unaffected. However, if political and geopolitical uncertainties persist, we may see not only a run up in spot prices but also premiums going up for silver bullion products.

You may refer to a letter we wrote a couple of weeks ago with regard to the turbulence experienced in the markets, as physical gold shifts from Europe (and some parts of Asia) to the US.

For your convenience, please visit our store at Millenia Walk as well as our collection point at the fourth floor of The Reserve to take delivery of our products.