Q:

What is included in Kitco's 24-hour gold spot chart?

A:

Quick Answer

Kitco's 24-hour gold spot chart includes the price of gold per ounce in U.S. dollars at various points over the past day according to stock market values. It also displays the prices of gold per ounce over the three previous days, charting the price changes in different colors for comparison, as of 2015.

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Full Answer

Kicto is a company that specializes in the sale of precious metals in the form of coins, as well as in other formats. The company also specializes in manufacturing and selling metal refinement products. As such, it offers buyers a wide range of information about the precious metals market, both domestically and internationally.

One of its services is a live spot chart that tracks the price of the metals with which it works, including a separate chart for gold prices. The chart uses real-time data from stock market results to determine the most current price of gold per ounce, starting at the point the market opens and ending, excluding weekends and holidays.

The chart places the price of gold on the Y-axis of a line graph and the time of day over a 24-hour period on the X-axis. The line graph goes up and down to represent the changes in gold prices, with the X-axis also displaying markers that show when different international markets open and close. The chart also offers the prices over the past two days in which the market was open.

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