What is KITCO gold?

In 1995, Kitco launched its website Kitco.com. This website is the world’s leading source of precious metals market information, news, and reporting. Kitco produces spot gold price data and charts that are used by thousands every day. In addition, the website features tons of market commentary that is updated regularly throughout the day.

What is the spot price?

What Is the "spot price?" The spot price is typically the base price of one troy ounce of a metal in any form. Any transaction you make in the gold market will be based upon the spot price. Any quote of the spot price of gold in grams or kilos is typically just a conversion of the value in ounces, and not a separate trading market.

What is KITCO price reporting?

Kitco is often the site used by people looking to buy or sell bullion in order to try to determine appropriate prices. For example, someone looking to sell gold on Craigslist or Ebay may use Kitco price reporting to set the sales price for their item (s).

How to predict gold and silver market movements?

As previously mentioned, it is extremely difficult to predict Gold and Silver market movements so consulting both short-term and long-term Precious Metals price charts as well as making consistent investments is the best way to guarantee you average fair pricing.