facebookHow does UOB determine the spread for gold and silver saving accounts? - Seedly

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Anonymous

25 May 2020

Saving Hacks

How does UOB determine the spread for gold and silver saving accounts?

Observed that in UOB silver saving account, the spread increase from 37cents to 89cents within a month. Is there any formulae(s) behind the spread determination? And, appreciate the enlightenment if any. Thank you.

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It could be due to the lower trading volume of silver.

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