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Re: Gold prices

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According to Boris  <nospam@invalid.com>:
>A friend asked me about investing in gold.  He wanted to know when the price 
>of gold is quoted on sites such as finance.yahoo.com, where does that data 
>come from.  What type of gold investment does that represent?

It's typically the price from COMEX, the major US commodities exchange:

https://comexlive.org/gold/

Different exchanges have different prices but the differences are usually small
and quickly arbitraged away.

Keep in mind that you cannot buy or sell at that price, since dealers all charge a markup.

-- 
Regards,
John Levine, johnl@taugh.com, Primary Perpetrator of "The Internet for Dummies",
Please consider the environment before reading this e-mail. https://jl.ly

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Gold Boris <nospam@invalid.com> - 2025-06-14 11:25 -0400
  Re: Gold prices "John Levine" <johnl@taugh.com> - 2025-06-14 19:14 -0400

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