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People in Asia Are Trading Gold for Silver | The Mesh Report

People in Asia Are Trading Gold for Silver

Mike Hammer September 3, 2019 Comments Off on People in Asia Are Trading Gold for Silver

The latest fad in Asia seems to be selling gold and buying silver.

With all-time high gold prices in many currencies, consumers are starting to feel like gold is at a peak. And since there’s been so much press lately about the gold-silver ratio, why not sell gold and buy silver? So that’s what many Asians are doing.

Demand for gold is still there, as evidenced by small premiums, but nothing like the premiums common during times of big demand. And in places of political turmoil gold is in high demand, so the safe-haven trade is still active.

Continue Reading At The Gold Enthusiast



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