Best place to get accurate gold spot price

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ppnewbie
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Best place to get accurate gold spot price

Post by ppnewbie » Tue Apr 21, 2020 12:01 pm

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?
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Mark Leavy
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Re: Best place to get accurate gold spot price

Post by Mark Leavy » Tue Apr 21, 2020 12:26 pm

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.
Last edited by Mark Leavy on Tue Apr 21, 2020 2:48 pm, edited 1 time in total.
ppnewbie
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Re: Best place to get accurate gold spot price

Post by ppnewbie » Tue Apr 21, 2020 1:50 pm

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.
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Tortoise
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Re: Best place to get accurate gold spot price

Post by Tortoise » Tue Apr 21, 2020 3:24 pm

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?
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Re: Best place to get accurate gold spot price

Post by ppnewbie » Tue Apr 21, 2020 4:50 pm

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.
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drumminj
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Re: Best place to get accurate gold spot price

Post by drumminj » Wed Apr 22, 2020 9:34 am

I've always used kitco.com for gold + silver quotes.
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Re: Best place to get accurate gold spot price

Post by dualstow » Wed Apr 22, 2020 1:39 pm

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.
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