Daily performance is based on the 5: For more insight, you can also view long term gold charts and historical closing gold prices on PMBull. Live Spot — There are no standards for reporting the current price of gold. The live spot gold price on most sites is obtained from feed providers that compile quotes from different contributors. The contributors are generally big bullion banks that report their current bid and ask in the spot market.
Since different gold price quotes are obtained, the price feed services apply an algorithm to produce a live gold price quote. Closing Prices — Gold prices can be derived from a variety of exchanges, each with different trading hours. Forex trades hours with a one-hour break at 5: Globex trading continues for an additional 15 minutes. Some web sites use the London Fix now defunct or simply midnight London time.
PMBull has previously reported closing prices based on the end of Globex trading at 5: Bid, Ask and Midpoint — Gold spot prices can reflect a bid like Kitco Gold Price Charts , ask favored by retail gold dealers or the mid-point between bid and ask.
It would be more ideal if actual trades were reported. These different options contribute to the variation in gold price quotes across web sites and dealers. PMBull uses the mid-point, while 3rd party gold spot price charts on PMBull use different price feeds and standards. Take comfort in knowing that the minor differences in gold pricing are virtually immaterial or insignificant to the average physical gold bullion buyer.
Gold charts on PMBull can be set to various time-frames, from one-minute to weekly. Gold traders may use the streaming charts with technical indicators, to watch action overseas and overnight. Physical gold buyers will find the charts helpful for keeping track of the price of gold, but may be less interested in the more esoteric indicators used by traders.
PMBull displays a different chart to readers accessing the site from a mobile phone. Your use of PMBull means that you have read and agree to our disclaimer and disclosure. Gold prices on PMBull are derived from 3rd party sources. While we believe that our charts do reflect a reasonable assessment of current, real-time gold prices, PMBull cannot guarantee the accuracy nor timeliness of data we display.
Charts are provided by 3rd parties and are presented without any warranty as to their accuracy, timeliness or reliability. Information presented here is for information purposes only and should not be used to make actual investment decisions. You should always consult a professional investment adviser before investing in precious metals or any type of investment. You acknowledge that PMBull assumes no responsibility for the integrity of data on this site.
Commentary and posts on PMBull are the opinions and observations of the authors only and should not be construed as an endorsement by PMBull. Content on PMBull may be used to promote products, services and businesses for which PMBull has an established affiliate or direct advertising relationship and for which PMBull may be paid.
You agree that you alone are responsible for any purchase decisions that you make and that you have taken action on your own behalf to evaluate offers and companies with whom you choose to do business.
Please read our full Disclosure, found at the link above. This live chart shows the current spot price for an ounce of gold. Gold spot prices are derived from hour trading around the world. Gold trading in the spot market is active Sun 6 PM thru Fri 5: Gold spot prices are used by bullion dealers to set prices for physical gold.
For opportunities to buy gold on price dips, buyers continuously watch gold spot prices. Updated December 5 by pmbull.More...