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Darankash
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(angl) Why Does The "Paper Gold" Price Track The Physical Gold Price ?

- Keith Weiner - keith weiner

They have been playing with it for so many years that they wouldn't know how to get serious.

Commented 4097 days ago

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Beginning of the headline :It's curious, isn't it? So-called "paper gold" (a futures contract) has a price that is not only very close to physical gold, but it remains locked to it. This is despite the fact that "paper gold" is reviled in the gold community. I am writing this on Sunday evening with little liquidity in the market, and yet spot gold (XAU) is 1665.80 and the December future (GC Z3) is 1674.40... Read More

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