Sales prices are based upon spot price (or higher cost price) plus a premium for handling costs and possible collectors item value. Also, the premiums for physical metal above spot price are volatile / based upon availability/ scarcity. Currently, for SLV a minimum sales price of approx. € 3.50 – 4.25 /gram should be expected. For GLD: € 160 / gram.
Click on link: https://www.bullionvault.com/silver-price-chart.do for spot prices.
