I was wondering since gold is traded at two different exchanges if one exchange tends to lead the other in price or do they generally hang pretty tight. Anybody a day-trader of gold that would care to share their experiences?
then you must mean COMEX and CBOT just watch out for the "fast market" market only order nonsense in the pits when placing orders and the fat finger slippage nonsense on the screens which sometimes occurs oh ... they hang pretty tight ... as there are people out there who are making a living keeping the metals in line
oops ... you know what ... gold is actually traded on more exchanges in the US ... ETF's are trading in equities that track the gold price pretty good heck they might even lead the gold futures price sometimes
Tocom, Dubai, NY, CBOT, Frankfurt, London, someplace in China.... it used to be that you could arb. the CBOT mini if someone was asleep with a limit order and not watching the Comex on Sunday nite.... them days is over...........