Spot Gold Market

It is also important to ensure that those buying gold provide the fairest and most reasonable pricing. Gold and silver pieces should be carefully evaluated and should command a price that is generally up to 80% of the spot gold market for that particular day. This is industry-standard and as such anything less should be suspect. This is especially important for those that are selling large quantities of gold or silver. Getting less than fair market value for gold and silver coins, jewelry and other items can amount to thousands of dollars in losses.