Hi Madmin,You want a price for Gold? Take your pick.There are...

Hi Madmin,

You want a price for Gold? Take your pick.

There are multiple futures prices for Gold - depending on the date for delivery.

Price for futures generally rise month on month according to the distance from the current spot price.

The difference in the prices of the spot and various futures is a function of finance charges, plus any earnings due to the hold of the security, according to the cost of carry, plus any expectation of changes in supply/demand in the future. Complex huh?

Personally, in my charts, I always use the GLD figure - the ETF for spot gold. This ETF actually buys and sells physical gold as the basis of its ETF. It's not a "synthetic".

Redbacka