us gold has now past it's all time high!!!, page-27

  1. 677 Posts.
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    Davo,
    As with everything in the market, nobody ever wants to pay full price for anything. The EFT is a traded fund and just like BHP or NCM, buyers want to buy into the fund at a discount to the physical asset. This accounts for the discrepency in the price between the ETF and physical gold bullion.

    Cheers
 
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