silver price

[Rick4691]

how can silver be up in US$ and down in AU$ is it something to do with the exchange rate?

 

[Eureka Moments]

how can silver be up in US$ and down in AU$ is it something to do with the exchange rate?

Some, but not all differences are due to currency moves.

Click on a chart...the kitco chart numbers come from the first "spot price chart" on the goldprice page. On it you can see the various markets and when they are open and closed. Some of the differences in the + or minus shown are due to one market actively trading while another is closed....I think.

The actual price shown in whatever currency is correct, but the moves up or down may not be.

Hope this helps, Ive confused myself so if not I hope some charty type can better explain.

 

[Pirocco]

how can silver be up in US$ and down in AU$ is it something to do with the exchange rate?

Some, but not all differences are due to currency moves.

Click on a chart...the kitco chart numbers come from the first "spot price chart" on the goldprice page. On it you can see the various markets and when they are open and closed. Some of the differences in the + or minus shown are due to one market actively trading while another is closed....I think.

The actual price shown in whatever currency is correct, but the moves up or down may not be.

Hope this helps, Ive confused myself so if not I hope some charty type can better explain.

A oneliner would have been more clear!

 

[funman1]

LOL yeah long story short, Currency exchange factors into other prices like Gold and Silver even if those were to stay exactly the same.