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Why are Kitco and AMPEX spot prices different and who's right

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  • RussRuss Posts: 48,514 ✭✭✭
    Might be a latency difference in the feeds they're receiving.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • BECOKABECOKA Posts: 16,961 ✭✭✭
    Not sure, they seem pretty close.

    Maybe this statement at Kitco means something "Please Note: Metal price changes are now based on closing prices at 5:15 PM NY time Mon-Fri. As a reference point "
  • RegistryCoinRegistryCoin Posts: 5,117 ✭✭✭✭
    Perhaps the small differences in spot prices are due to the company's independent market-making, and the differences are a matter of the company's independent buying and selling opportunities, rather than "right or wrong".

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