Australian (ASX) Stock Market Forum

Time-zone arbitraging?

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11 February 2006
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Gold closing price was US$596.30 for New York Market on 13/4/06. On 17/4/06, gold spot price is around US$604. Markets in US, UK and Australia are closed on 17/4/06. If the price hike is sustainable, it will create pressue for momentum players in these markets to push up gold price again when their markets are opened after holiday. More details can be found here. So do you take advantage of such situation? If you do, which country will you choose to open an account to take advantage of such situation?
 
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