I live in the heart of Europe and premiums on gold have come down sharply this last year.
You had to pay 10% over spot to get some Krugerrands at the time Greece was about to fall, today you pay 3%.
Historically gold ownership has been widespread over here and given the headlines of gold making new all time highs day after day I guess it makes sense for people to ease down on their buying and sell a bit.
If you want to monitor the premium changes as an indicator of tightness you can watch it here:
