Gold spot price
Posted: Fri Jul 26, 2019 10:23 am
Why is it that at any specific time the spot price of gold will differ depending on the source? I can simultaneously be watching the online dealers and one of the cable business news shows and get a different spot price.
The online dealers are usually fairly close to each other, but at today's pricing are still sometimes $2-3/ounce apart. Cable financial news is often $10 off. Is the bid/ask spread on spot pricing playing a role?
This has nothing to do with my buying or selling. Just curious.
The online dealers are usually fairly close to each other, but at today's pricing are still sometimes $2-3/ounce apart. Cable financial news is often $10 off. Is the bid/ask spread on spot pricing playing a role?
This has nothing to do with my buying or selling. Just curious.