UnderSpot Daily Premium Report — January 6, 2026

RussB

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UnderSpot Daily Premium Report — January 6, 2026

Market Reference (time of writing)

  • Gold Spot: ~$4,480
  • Silver Spot: ~$80.20
  • Platinum Spot: ~$2,395

 

Metals continue to run, and today we’re seeing something we didn’t see consistently in December: premiums beginning to firm while product remains constrained. It’s not a full premium comeback yet, especially in silver  but vendor pricing is showing early signs of stabilization and tightening in key products.

Gold

Gold Eagles continue to be the bellwether, and they’re showing the cleanest “premium waking up” signal.

Vendor A (wholesale sheet)

  • 1 oz Gold Eagle ask: +2.25%
  • 1 oz Gold Eagle bid: +0.75%
  • Availability/fulfillment: quoted at 3–5 days on the 1 oz Eagles

Vendor B (wholesale sheet)

  • 1 oz Gold Eagle (Year Varies) buy/sell: +0.60% / +2.75%
  • 2025 1 oz Gold Eagle sell: +3.25% (buy N/A)

That gives us a realistic vendor range today of:

  • GAE bid: roughly +0.60% to +0.75%
  • GAE ask: roughly +2.25% to +3.25%

That’s exactly what “firming” looks like: bids are no longer negative, asks are higher, and delivery isn’t immediate.

Gold bars and sovereigns remain “less emotional” than Eagles, but they’re also telling a story:

  • Vendor A shows Gold kilo bars with an ask premium of +$6 and still actively quoted (i.e., not dead inventory).
  • Vendor B shows Canadian Maples priced at +$45 to +$48 on the sell side depending on year.

Silver

Silver is still the premium laggard, but now we can say that with the sheet in hand.

Vendor A

  • 1 oz Silver Round (our choice) ask: +$0.50
    • bid: –$1.50
  • 1 oz Silver Buffalo Round ask: +$0.75
    • bid: –$1.00
  • 1 oz Silver Bar ask: +$0.75
    • bid: –$1.50
  • 10 oz Silver Bar ask: +$0.75
    • bid: –$1.25
  • Many large silver formats show OOS / “Please Offer” (which matters more than the premium itself today)

Vendor B

  • 1 oz Round – Design Varies buy/sell: –$1.65 / +$0.90
  • 1 oz Round – Buffalo sell: +$0.80

So the vendor range we can credibly report today is:

  • Generic silver bids: about –$1.00 to –$1.65
  • Generic silver asks: about +$0.50 to +$0.90

That’s still weak. But the other change you flagged is real: availability is getting patchy. Vendor A shows large formats and even some branded bars as OOS/Please Offer, and that’s consistent with your read: premiums aren’t “healthy,” but metal is moving.

Platinum

Platinum continues to behave differently than gold and silver — and the sheets show it plainly.

Vendor A

  • 1 oz Platinum Eagle ask: +$100
    • bid: +$50
  • Fractional platinum Eagles: quoted as melt + $60–$75 depending on size
  • Multiple platinum items are OOS / Please Offer

Vendor B

  • Platinum Eagle (Year Varies) buy/sell: +$75 / +$165

That’s a vendor range of:

  • Platinum Eagle bids: +$50 to +$75
  • Platinum Eagle asks: +$100 to +$165

And unlike silver, platinum premiums are not just “present”—they’re supported and paired with scarcity.

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