Perth Mint and U.S. Mint Cannot Meet Demand as Gold Bullion Demand Surges
by Mark O’Byrne
GoldCore
Depressed prices have led to the usual market response, a surge in physical demand for coins and bars globally.
This is confirmed in conversations we have had with our refiner and mint partners in recent days. There are growing shortages of supply of small coins and bars. This is resulting in delays in receiving bullion and indeed to rising premiums.
Asian gold demand picked up this week keeping premiums robust and slightly higher in the world’s top gold buying regions.
Treasurer for the Perth Mint, Nigel Moffatt has said that the mint has seen a surge in demand for physical gold since the price dropped below $1,100 per ounce.
Continue Reading at GoldGore.com…
Source: http://financialsurvivalnetwork.com/2015/07/perth-mint-and-u-s-mint-cannot-meet-demand-as-gold-bullion-demand-surges/?utm_source=rss&utm_medium=rss&utm_campaign=perth-mint-and-u-s-mint-cannot-meet-demand-as-gold-bullion-demand-surges
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