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Best place to get accurate gold spot price
Posted: Tue Apr 21, 2020 12:01 pm
by ppnewbie
I’m finding that Apmex routinely list spot prices significantly higher than gold money.com and kitco. Does anyone know where to get the actual comex spot price?
Re: Best place to get accurate gold spot price
Posted: Tue Apr 21, 2020 12:26 pm
by Mark Leavy
I use the foreign currency exchange ticker
XAUUSD. It provides real time london spot in USD per ounce. Currently $1675.50
Edit. Updated to provide a link.
Re: Best place to get accurate gold spot price
Posted: Tue Apr 21, 2020 1:50 pm
by ppnewbie
Thank for the info. I think it's a little lame that such a large dealer does not display the accurate gold spot price. Also, my local coin dealer uses Apmex for spot prices as well.
Re: Best place to get accurate gold spot price
Posted: Tue Apr 21, 2020 3:24 pm
by Tortoise
If the Apmex gold spot price is indeed significantly higher than Kitco and goldmoney.com, perhaps you could make a profit (on average) by steadily buying from Kitco or goldmoney.com and selling to your local coin shop?
Re: Best place to get accurate gold spot price
Posted: Tue Apr 21, 2020 4:50 pm
by ppnewbie
Would probably have to have a cash flow of hundreds of thousands of dollars to make it worth it all while hoping the price did not drop! It's about a 1 percent difference, about 20 dollars off the current spot.
Re: Best place to get accurate gold spot price
Posted: Wed Apr 22, 2020 9:34 am
by drumminj
I've always used
kitco.com for gold + silver quotes.
Re: Best place to get accurate gold spot price
Posted: Wed Apr 22, 2020 1:39 pm
by dualstow
Apmex is always higher than AJPM, but for what it’s worth, Apmex’s listed price is often lower than Yahoo’s or the WSJ’s, like right now.