Gold price hit $1720AUD according to Perth Mint

Discussion in 'Gold' started by goldpelican, Apr 8, 2011.

  1. goldpelican

    goldpelican Administrator Staff Member

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    Bit of a glitch in the data!

    [​IMG]

    ...or is it? :) Did anyone see this spike on 5th April elsewhere?
     
    goldpelican, Apr 8, 2011
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  2. Nukz

    Nukz New Member

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    Im watching live spot/futures im seeing 1,472.680 as peak price today on spot.

    Jun 11 futures peak 1,474.50 today. It's prob a glitch, if that graph is priced in AUD then it happens quite often that you see spikes as there is a glicth in the AUD/USD cross rate which then makes the conversion to gold in AUD mess up.

    This has happened a few times on CMC markets with Gold priced in AUD... i always wondered what would happen if you went into a margin call based on glitched data...
     
    Nukz, Apr 8, 2011
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  3. bron suchecki

    bron suchecki Active Member Silver Stacker

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    It was a fat finger, I have asked perthmintbullion.com.au people to take it out of the chart data.
     
    bron suchecki, Apr 8, 2011
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  4. Dwayne

    Dwayne New Member

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    Damn, I should have sold! :)
     
    Dwayne, Apr 8, 2011
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