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<h1 style="clear:both" id="content-section-0">About PRECIOUS-Gold eases off seven-week high as U.Sbond<br></h1>
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<img width="395" src="https://sep.yimg.com/ay/yhst-83171513018957/gold-8.gif">
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<p class="p__0">This is the modification in the rate of the metal from the previous close, which is not always the previous day. Weekdays from 6:00 PM NY time until midnight the previous close is from the existing day. Here's why: The time the gold market stops trading in New York on weekdays is for a 60 min duration, from 5:00 PM New york city time till 6:00 PM. Also Found Here utilize the last quote at 5:00 PM as the close of that provided day. Modification is constantly the distinction in between the existing cost and the cost at 5:00 pm. For example: Gold last traded at $1,200 at 5:00 PM on January 17.</p>
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<p class="p__1">00. If it is January 18 at 5:00 PM and gold is estimated at $1,225 then we would reveal a change of +25. 00 at that time. This is the modification in the cost of the metal from the cost at the end of the previous trading session. Presently, the weekday closing time is 2:00 PM Eastern Time. This is the modification in the cost of the metal from one month ago as opposed from the previous close. This is the modification in the cost of the metal from a year ago today, as opposed from the previous close. Every rare-earth elements market has a corresponding benchmark cost that is set on a day-to-day basis.</p>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://editorial.fxstreet.com/images/Markets/Commodities/Metals/Gold/stack-of-golden-bars-in-the-bank-vault-60756080_16x9.jpg" alt="Gold to continue glittering in 2021, likely to touch Rs 63,000 per 10 gm - Business Standard News"><span style="display:none" itemprop="caption">Gold price rises 17 pct! Will rates keep skyrocketing or plunge from here - EXPLAINED - Zee Business</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://www.focus-economics.com/sites/default/files/styles/blog_header_image/public/focuseconomics_gold_nugget.jpg?itok=JgzUVAwq" alt="5 common uses of gold"><span style="display:none" itemprop="caption">Gold Price Today - Gold Spot Price Charts - APMEX</span>
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<img class="featurable" style="max-height:300px;max-width:400px;" itemprop="image" src="https://s.marketwatch.com/public/resources/images/MW-HI784_goldba_ZG_20190503080045.jpg" alt="PHYS Don't Overpay for Gold"><span style="display:none" itemprop="caption">Falling Gold Prices: What should investors do to stay afloat? - The Financial Express</span>
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<p class="p__2">These standards are calculated partly from trading activity in the area market. The area cost is figured out from trading activity on Over-The-Counter (OTC) decentralized markets. An OTC is not a formal exchange and rates are negotiated straight between individuals with most of the deal happening electronically. Although these aren't managed, banks play an essential role, serving as market makers, offering a quote and ask price in the area market. Gold, really trades 23 hours a day Sunday through Friday. Most OTC markets overlap each other; there is a one-hour period in between 5 p. m. and 6 p. m.</p>
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