For those who may be interested in holding funds actually backed by gold/silver versus those more just tracking its price (e.g., GLD, SLV), the following are the premiums based on yesterday's close. Disclaimer - I hold some $ in all but am thinking of selling PHYS given its high premium.

GTU 10.2% premium

PHYS 17.2% premium

CEF 6.3% premium

SVRZF 5.9% premium - Note that this is the pink sheets for silver buillion trust which is run by the same companies as GTU and CEF but only invests in silver. Note also for those of my Canadian friends that its premium in CDN $ is much lower - only 3.4%. For some reason Fidelity would not let me buy it on the Canadian exchange hence the US pink sheets. When I bought it, it was still trading at a discount but that has disappeared unfortunately.