Selling buying price of gold
May 07, 2019 · In 1999 Gordon Brown, the chancellor at the time, began a four year process of selling off around half of the nation’s gold reserves, despite the precious metal being at its lowest price for the How Do Gold Dealers Make Money - Gold Price Jun 13, 2018 · A common misconception among gold buyers is that gold dealers make money when the price of gold increases, and subsequently lose money when the price of gold decreases.Generally speaking, nothing could be further from the truth. Gold dealers are highly risk averse given the volatility of the metals market, and so they are very unlikely to speculate on future spot price.