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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: aknahow who wrote (41468)11/19/2005 8:03:25 PM
From: TobagoJack  Respond to of 116555
 
Dunno. Gold can be traded for half day Saturday here in HK via HSBC gold denominated savings account enabled by the Internet, and so there must be underlying spot gold trading somewhere, else HSBC leaves itself exposed.

OTOH, HSBC explicitly notifies users that their gold certificate may not be backed one-for-one by physical gold.



To: aknahow who wrote (41468)11/19/2005 8:23:07 PM
From: regli  Respond to of 116555
 
You can trade the Gold Mini on the CBOT over the weekend. However, I am not aware where you can trade spot.

Current quote for Dec is $486.40 (-0.50) with a high of 489.50 and a low of 484.00.