Spot follows the contract price. I don’t even look at spot these days. It’s a pointless calculated number. It will always shortly go to where contract price is. But generally spot is a few dollars below contract.
Just checked. So gold is $3006 on the NYMEX & COMEX. Spot is $12 lower at moment so a fraction of 1% difference.
Wow. Spot price too?
Spot follows the contract price. I don’t even look at spot these days. It’s a pointless calculated number. It will always shortly go to where contract price is. But generally spot is a few dollars below contract.
Just checked. So gold is $3006 on the NYMEX & COMEX. Spot is $12 lower at moment so a fraction of 1% difference.
Matter of time indeed, the 3k Spot