Will the Gold Rush Persist

[MynameisS]

SG Mint I remember their prices mark up very high.



Something like this ?

yeah I have leesearched these prices and felt the premium is too high so din buy

 

[MynameisS]

At this rate, USD5000 is not far fetched.

Prease keep an eye on USDX if it can strengthen then there could be lot of sideways consolidation

 

[Lighthand]

Japanese Yen (another safe haven) is fluctuating badly as well. The latest news regarding internal political turmoil is not helping. I'm thinking there'll be more upward movement on gold next week...

 

[Lighthand]

For those that have gold holdings, I think next week is going to be good.....

First the mad rush out from our dear friend's announcement, which I'm sure we'll see a reciprocate announcement very soon.

My shares are all in the red at the moment. Only gold ETF showing very healthy profit.

 

[bakuten]

For those that have gold holdings, I think next week is going to be good.....

First the mad rush out from our dear friend's announcement, which I'm sure we'll see a reciprocate announcement very soon.

My shares are all in the red at the moment. Only gold ETF showing very healthy profit.

your shares just need to wait for next quarterly report to be filed nia.
low grade gold miners previously not very profitable are probably gonna report 5x increase in earnings minimum.....basically printing money right now.

silver though...while just managed to close at ATH....is still trading at 80:1 against gold....and currently seems like got some logistical(heavy and not economic to arbitrage unless price difference is high enough) + supply(insufficient capacity for silver refineries) issue in London....likely gonna chiong nonstop to $70+ before supply lines can be restored and prices stabilize IMO.

 

[DevilPlate]

your shares just need to wait for next quarterly report to be filed nia.
low grade gold miners previously not very profitable are probably gonna report 5x increase in earnings minimum.....basically printing money right now.

silver though...while just managed to close at ATH....is still trading at 80:1 against gold....and currently seems like got some logistical(heavy and not economic to arbitrage unless price difference is high enough) + supply(insufficient capacity for silver refineries) issue in London....likely gonna chiong nonstop to $70+ before supply lines can be restored and prices stabilize IMO.

I also thinking of punting on Silver….lets see next week got pullback anot for a better entry price

 

[bakuten]

I also thinking of punting on Silver….lets see next week got pullback anot for a better entry price

IMO don't think there will be any significant pullbacks for the short term.
SLV shares already kena short till lease rates up to above 10%

https://fintel.io/ss/us/slv

Physical silver lease rates in London is up to whopping 30%+....traditionally is less than 1%

https://bulliontradingllc.com/blog/gold-and-silver-lease-rates-2025-tight-market-analysis/

dont think the physical silver liquidity issue in London is gonna be resolved anytime soon.
so my educated guess is that it will keep marching upwards.
significant pullbacks will only happen when the supply line gets restored.

 

[DevilPlate]

IMO don't think there will be any significant pullbacks for the short term.
SLV shares already kena short till lease rates up to above 10%

https://fintel.io/ss/us/slv

Physical silver lease rates in London is up to whopping 30%+....traditionally is less than 1%

https://bulliontradingllc.com/blog/gold-and-silver-lease-rates-2025-tight-market-analysis/

dont think the physical silver liquidity issue in London is gonna be resolved anytime soon.
so my educated guess is that it will keep marching upwards.
significant pullbacks will only happen when the supply line gets restored.

Anything can happen next week with ongoing tarriff 2.0

No pullback then me no buy lor haha

 

[bakuten]

Anything can happen next week with ongoing tarriff 2.0

No pullback then me no buy lor haha

really no telling what's gonna happen.
funny how miners lagging so far behind.
their next quarterly report sure mouthwatering.....for both gold and silver majors.
can expect alot of M&A to happen in the sector with so much cash floating around.

 

[Shiny Things]

Physical silver lease rates in London is up to whopping 30%+....traditionally is less than 1%

dont think the physical silver liquidity issue in London is gonna be resolved anytime soon.
so my educated guess is that it will keep marching upwards.
significant pullbacks will only happen when the supply line gets restored.

I think it will. There's a point where it's worth it for traders to literally stick silver bars in the cargo bays of planes and fly them from NYC (which is not supply-constrained) to London (which is), and from Bloomberg's piece earlier this week it looks like that's happening right now.

Not to say that'll fix the supply issues completely, but it'll put a cap on how much further the London/NY loco spread (and by extension silver lease rates) can squeeze.

 

[Lighthand]

I think it will. There's a point where it's worth it for traders to literally stick silver bars in the cargo bays of planes and fly them from NYC (which is not supply-constrained) to London (which is), and from Bloomberg's piece earlier this week it looks like that's happening right now.

Not to say that'll fix the supply issues completely, but it'll put a cap on how much further the London/NY loco spread (and by extension silver lease rates) can squeeze.

I'm pretty doubtful of any significant pull back within the next 3 months. Considering the ongoing turmoil and **'s heavy purchases.

I'm not very familiar with silver trade, cause I'm not into companies that gives good dividends.

 

[lousylah]

Silver has more upside potential (% wise) than gold. The current squeeze was expected to ease last Thurs/Fri when china returned to work (according to commodities analysts) but instead it spiked even more.

I think there’s at least few more days to go for the current squeeze (USD long weekend, india diwali demand).

in the medium term industrial demand (solar, EV, datacentre) and once US confirms the silver addition as “critical mineral” (currently draft) will juice prices more.

Collective CenBank/Govt hoarding will be rocket fuel (as it did for gold) - the saudis unexpectedly disclosed a “small” holding of SLV etf couple months back.

 

[lousylah]

First set of buyers probably breakeven already with current prices but still about a month to go before first set of deliveries

Buyback prices not bad, comparable to UOB but they sell much more ex than UOB

SG Mint I remember their prices mark up very high.



Something like this ?

yeah I have leesearched these prices and felt the premium is too high so din buy

[NEW LAUNCH] Investment grade bars by Singapore Mint :

https://lionbullion.com.sg/

No CC surcharge (great for milesgeeks) and free vaulting for >10oz.

no need queue at UOB anymore for the conservative risk adverse buyers that do not trust other bullion shops/traders.

 

[bakuten]

Just pass by bullionstar outlet when out for lunch.

Got like 50+ customers inside

 

[lousylah]

https://www.straitstimes.com/busine...-gold-rush-as-record-breaking-rally-continues

Retail FOMO now. Bullionstar trying to ease crowding at their outlet by offering free delivery.

then again many on this forum and hwz says BS is a scam-shop. Can only buy from UOB

Just pass by bullionstar outlet when out for lunch.

Got like 50+ customers inside

 

[fire]

Just pass by bullionstar outlet when out for lunch.

Got like 50+ customers inside

UOB counters also give high traffic warning

 

[Lighthand]

Buying in now for long term returns or hedge against inflation and US dollar denominated investment is fine.

However I don't think the FOMOs who are looking for a quick gain will have much luck.

Quite a bit of risks have already been priced in to current prices. But who knows Mr. T might come up with new ways to introduce more instability

 

[bakuten]

Buying in now for long term returns or hedge against inflation and US dollar denominated investment is fine.

However I don't think the FOMOs who are looking for a quick gain will have much luck.

Quite a bit of risks have already been priced in to current prices. But who knows Mr. T might come up with new ways to introduce more instability

he did give a hint years ago

 

[Lighthand]

Silver has more upside potential (% wise) than gold. The current squeeze was expected to ease last Thurs/Fri when china returned to work (according to commodities analysts) but instead it spiked even more.

I think there’s at least few more days to go for the current squeeze (USD long weekend, india diwali demand).

in the medium term industrial demand (solar, EV, datacentre) and once US confirms the silver addition as “critical mineral” (currently draft) will juice prices more.

Collective CenBank/Govt hoarding will be rocket fuel (as it did for gold) - the saudis unexpectedly disclosed a “small” holding of SLV etf couple months back.

I placed a watch tag on silver prices. Saw the 1yr and 6mts charts,

You may be right about upside potential based purely on charts, but I'm not familiar with the price movement indicators. What should be watched?

 

[Shion]

https://www.straitstimes.com/busine...-gold-rush-as-record-breaking-rally-continues

Retail FOMO now. Bullionstar trying to ease crowding at their outlet by offering free delivery.

then again many on this forum and hwz says BS is a scam-shop. Can only buy from UOB

The premium they impose on their products are higher and unattractive bid-ask spread, thats all I can remember