Kitco Silver Chart acting strange?

Discussion in 'Bullion Investing' started by InfleXion, Apr 22, 2011.

  1. InfleXion

    InfleXion Wealth Preserver

    Someone pointed this out to me at first yesterday, and now today it's doing it more. There is a lot of flatline in the realtime silver chart on Kitco right now. It doesn't match, because spot right now is $47.29 USD, but the chart says last at $46.68. Does anybody have any idea what's going on with it?

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  3. chip

    chip Novice collector

    Perhaps the folks at Kitco are observing Good Friday?
     
  4. Merc Crazy

    Merc Crazy Bumbling numismatic fool

    Well, I know trading is stopped for the Easter weekend, I'd guess their charts are reflecting that.
     
  5. InfleXion

    InfleXion Wealth Preserver

    That makes sense to a degree. It's just that yesterday it went flat before moving again, and now today it's not completely flat.. has a couple ticks in it. Very odd behavior.
     
  6. desertgem

    desertgem Senior Errer Collecktor Supporter

    The commodity markets close early on the Thursday before any Friday Holiday.

    Jim
     
  7. InfleXion

    InfleXion Wealth Preserver

    So why is the spot price still moving if markets are closed? That's what got my attention in the first place. I guess my inexperience is showing. :confused:
     
  8. desertgem

    desertgem Senior Errer Collecktor Supporter

    The Asia and some European exchanges may be open, I don't deal with those. The term "spot" is an odd value in my mind, as the source could be from several different exchanges that are interconnected.
     
  9. Maybe this is the ceiling (top) that people are talking about? :devil: :rolleyes: :D TC
     
  10. ratio411

    ratio411 Active Member

    That's it... Ceilings are flat.
     
  11. InfleXion

    InfleXion Wealth Preserver

    I check spot at www.thebulliondesk.com, and it's always been identical to what my local coin shops have quoted as spot. Currently $47.78! Quite an amazing run we're amidst.
     
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