Gyroscopic Investing

What's up with the gold price lately?

Four reputable sites at the same time are showing $1610, $1629, $1636 and $1620

Cortopassi wrote: ↑Tue Mar 31, 2020 9:20 am What's up with the gold price lately?

Four reputable sites at the same time are showing $1610, $1629, $1636 and $1620

My analysis is that no one knows what the actual price is because there is a tremendous physical shortage of actual marketable sizes of coins and bars. This makes the usual arbitrage between physical and paper gold much less useful in keeping prices synchronized across the market.