Silver Stacker Silver Chart

Discussion in 'Silver' started by errol43, Apr 11, 2011.

  1. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    I can't get my head around the numbers on the silver chart. Silver closed over weekend just shy of US$41 at $40.92 when market closed. At the moment the chart is showing $41.33 with it showing a rise of 73cents.

    Excuse my ignorance but could someone please explain.

    Regards Errol43
     
  2. grinners

    grinners Active Member Silver Stacker

    Joined:
    Mar 19, 2011
    Messages:
    1,183
    Likes Received:
    3
    Trophy Points:
    38
    Location:
    Australia
    The market opened again Monday morning?

    Or do you mean a reason for the price jump? :)


    Edt x3 - Oh I get you, yeah I'm not sure of that either, I see a jump from 40.92 to 41.44 showing 0.84 upwards... doesn't add up. Someone will know how it works :)
     
  3. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    When the market closed over the weekend it was $40.92US. Market opens Monday and at the time of my post it was showing a price of $41.33 (a rise of 73cents) Now $41.33 minus 73cents does not add up. The market would have to close at $40.60.

    Hope I have explained it OK.

    Regards Errol43
     
  4. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    Doesn't anyone know?

    I thought yo were a smarter bunch than this.

    Regards Errol43
     
  5. Peekay

    Peekay Member

    Joined:
    Oct 13, 2010
    Messages:
    147
    Likes Received:
    10
    Trophy Points:
    18
    Location:
    Victoria
    I've also noticed the same thing.

    The only thing I have theorized is that it works on the US trading day only? I've not checked if this works however.
     
  6. Silverthorn

    Silverthorn Well-Known Member

    Joined:
    Apr 29, 2010
    Messages:
    2,505
    Likes Received:
    28
    Trophy Points:
    48
    The goldprice charts don't show the after market close on friday just the comex close I think.
     
  7. errol43

    errol43 New Member Silver Stacker

    Joined:
    Apr 13, 2010
    Messages:
    5,993
    Likes Received:
    15
    Trophy Points:
    3
    Location:
    Bundaberg
    Yes ! That could be the answer. Good work Silverhorn.
     
  8. SilverMark

    SilverMark Member

    Joined:
    Feb 20, 2011
    Messages:
    425
    Likes Received:
    0
    Trophy Points:
    16
    Location:
    QLD
    yeh the difference they show is the current price relative to the last COMEX close
     

Share This Page