Nymex VS Comex Gold Price Chat! SGS Chat! 7/31/23 Afternoon CheckIn…

in Threespeak3 years ago (edited)

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Price check 12 hours later…
It’s still about the same, both have moved down a few bucks bud still $40 in between em.

Edit ⬆️

Nymex Contract VS Comex!
$40.00 difference where normally it’s within $2.00
Unless I’m missing something this is something to watch! Might end up meaning nothing but I’ve followed this contract daily for years and never seen this kind of difference!

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A $40 Arbitrage, some one has made a load of cash with this odd situation for an institution the opportunity to make a load of cash.

I don't really know but I guess it's because people don't have the liquidity ready on the platforms. Maybe it took some time for people to have that money available, but that might just be a wild guess.

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