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

Comments

• Russ Posts: 48,514 ✭✭✭

  February 21, 2008 6:20AM

  Might be a latency difference in the feeds they're receiving.
  
  Russ, NCNE

  eBay consignment sales | | Collectibles from Resco CCC

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• BECOKA Posts: 16,961 ✭✭✭

  February 21, 2008 6:21AM

  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 "

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• RegistryCoin Posts: 5,117 ✭✭✭✭

  February 21, 2008 6:29AM

  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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