Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / GLDI - Gold: Volatility Reigns Supreme


GLDI - Gold: Volatility Reigns Supreme

Gold Fundamentals

As we look at the spot price of gold at $1699.90 ask and the futures price in the futures market at $1703.2 bid based on the August delivery. If we go back a couple of months, this spread was as wide as $80, which meant that people who wanted to take physical delivery in the spot market had to pay up to an $80 premium. The arbitrage between the futures contract in the past allowed central banks to use this contract to narrow the spread by selling in the futures paper market record

Read more ...

Stock Information

Company Name: Credit Suisse X-Links Gold Shares Covered Call ETN
Stock Symbol: GLDI
Market: NASDAQ

Menu

GLDI GLDI Quote GLDI Short GLDI News GLDI Articles GLDI Message Board
Get GLDI Alerts

News, Short Squeeze, Breakout and More Instantly...