Bullion Broker Apmex Says Silver Demand Is Delaying Transactions

1 Min Read

FILE PHOTO: A machine engraves information on an ingot of 99.99 percent pure silver at the Krastsvetmet non-ferrous metals plant, one of the world’s largest producers in the precious metals industry, in the Siberian city of Krasnoyarsk, Russia October 24, 2016. REUTERS/Ilya Naymushin

SINGAPORE (Reuters) – U.S. bullion broker Apmex has warned of delays in processing silver transactions because of surging volumes, as coin sellers and silver dealers struggle to keep up with demand for the metal from retail traders.

“Due to the increased volume of orders, we are currently expecting a 1-3 day delay in processing times,” said a banner on Apmex’s website.

Reporting by Tom Westbrook. Editing by Vidya Ranganathan and Christian Schmollinger

This content was originally published here.

Rate:

0 out of 5 stars(0 ratings)

Subscribe to Our Newsletter

money for gold logo

Learn About Buying and Selling Gold for the Best Prices

Get the latest news and expert advice on Gold!

We don’t spam! Read our privacy policy for more info.

Leave a Reply

Related

Gold bullion held onto this week's near-$40 gain in London on Friday, heading for its highest weekend in 5 months after…

Read more

One of the biggest advantages of investing in gold and precious metals is having control over your wealth and having a…

Read more

Bullion Trading Blog has earned the trust of gold investors for its authentic, experience-based insights, tips, and…

Read more

Share Great Content for Our Resource Section

About

MoneyForGold.com is a resource site created for those looking to sell their personal collection of gold - whether it’s jewelry, coins, bars, antiques, etc., anything made from gold can be sold for quick cash. We encourage visitors to signup and share quality “Money For Gold” resources.

Have a question or comment? Email us at: contact@moneyforgold.com

Navigation
MoneyForGold.com