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Three Companies, Three Different Spot Prices

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Pillar of the Community

United States
937 Posts
 Posted 06/15/2019  07:49 am Show Profile   Bookmark this topic Add Tryna to your friends list Get a Link to this Message Number of Subscribers
It is Saturday, 7:30 EDT
I just checked spot silver prices at three sites;
JM Bullion $14.89
APMEX $14.93
Kitco $14.84

So, why, when the market is closed are they not showing the same spot price?


Pillar of the Community
kanga's Avatar
United States
5825 Posts
 Posted 06/15/2019  08:19 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Depends on their sources.
Bedrock of the Community
BH1964's Avatar
United States
10982 Posts
 Posted 06/15/2019  08:24 am  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
Some use "ask", some use "bid", others might split the difference. Those prices are all within a couple cents of each other and are well under 1% apart.
ANA #R3154474
Pillar of the Community
Kopper Ken's Avatar
United States
3402 Posts
 Posted 06/16/2019  10:04 pm  Show Profile   Bookmark this reply Add Kopper Ken to your friends list Get a Link to this Reply
Every business is different...some might be pricing forward on expectations.

KK
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