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Price Difference For Gold Between Shanghai and London Has Climbed 40% in Last 7 Days!

by Kenneth Schortgen Jr, The Daily Economist:

Over the past seven days, the differential between the Asian PM price fix at the Shanghai Gold Exchange and the AM fix out of London has climbed from $10 on Feb. 6, up to $14 on Feb. 15. London Gold Price Fix Shanghai Gold Exchange Gold Price Fix This differential in prices is the highest in over a month, as the price fix between London and Asia had gotten down to just $4 back on Feb. 3…

London Gold Price Fix

 

 
Shanghai Gold Exchange Gold Price Fix

 

This differential in prices is the highest in over a month, as the price fix between London and Asia had gotten down to just $4 back on Feb. 3.

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1 comment to Price Difference For Gold Between Shanghai and London Has Climbed 40% in Last 7 Days!

  • A. Sanders

    Don’t know why you’re making such a big deal out of this difference. Go back to early Jan and the price difference got to over $30 with the average for the month being around $18.

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