{"id":1691,"date":"2023-03-30T04:10:11","date_gmt":"2023-03-30T04:10:11","guid":{"rendered":"https:\/\/findbullionprices.com\/blog\/?p=1691"},"modified":"2023-05-03T15:47:59","modified_gmt":"2023-05-03T15:47:59","slug":"sd-bullion-updates-shipping-times-raises-order-minimum-to-500","status":"publish","type":"post","link":"https:\/\/findbullionprices.com\/blog\/sd-bullion-updates-shipping-times-raises-order-minimum-to-500\/","title":{"rendered":"SD Bullion Updates Shipping Times, Raises Order Minimum to $500"},"content":{"rendered":"\n

SD Bullion notified customers today that increases in sales volume in recent weeks has led to delays in order processing and shipping. The company cited a huge demand in precious metals sales that began with the announcement of the Silicon Valley Bank collapse several weeks ago. <\/p>\n\n\n\n

Under normal circumstances, the company typically ships orders within 1 to 3 business days of payment clearance. <\/p>\n\n\n\n

Current backlog for some orders is reportedly extending out 7 or more business days. In addition, they are temporarily limiting new orders to over $500. <\/p>\n\n\n\n

Money Metals Exchange provides a note on their website stating to expect order delays of up to an additional 1 to 2 business days.<\/p>\n\n\n\n

In discussions across various online forums, precious metals buyers assert strong sentiment about fear about the true state of the economy and cited an overall lack of confidence in current leadership.<\/p>\n\n\n\n

Wholesale and secondary market inventories have been drying up across the industry. One major industry wholesaler shows shipping delays on many common gold bullion products extending into April.<\/p>\n\n\n\n

The same wholesaler is reported extended delays of newly minted 1 oz silver rounds<\/a> extending to mid-to-late April.<\/p>\n\n\n\n

Long shipping delays on the wholesale level are often indicative of underlying issues with the supply chains feeding the refineries and private mints. Reports from COMEX have shown a tremendous outflow of silver in recent weeks as more paper contract holders are opting to take physical delivery.<\/p>\n\n\n\n

Analysts are predicting the most recent rate hike may likely be the last<\/a> and are forecasting that lower rates will be coming in a future cycle.<\/p>\n","protected":false},"excerpt":{"rendered":"

Current backlog for some orders is reportedly extending out 7 or more business days. In addition, they are temporarily limiting new orders to over $500.<\/p>\n

Money Metals Exchange has also stated that customers should expect order delays of up to an additional 1 to 2 business days.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[41,31,776,742,545,737],"tags":[13,870,871,869],"class_list":["post-1691","post","type-post","status-publish","format-standard","hentry","category-1-oz-silver","category-cheap-silver","category-manufacturers","category-money-metals-exchange","category-news","category-sd-bullion","tag-cheap-silver","tag-customer-complaints","tag-investor-demand","tag-shipping-delays"],"yoast_head":"\nSD Bullion Updates Shipping Times, Raises Order Minimum to $500 - FindBullionPrices.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/findbullionprices.com\/blog\/sd-bullion-updates-shipping-times-raises-order-minimum-to-500\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SD Bullion Updates Shipping Times, Raises Order Minimum to $500 - FindBullionPrices.com\" \/>\n<meta property=\"og:description\" content=\"Current backlog for some orders is reportedly extending out 7 or more business days. 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