How to Get Live Market Gold Rates
- 1). Search the words "gold futures" in Google. This will produce an array of search results, all of which will include reliable gold tracking websites and organizations. Choose any of these options. The first selection that usually appears, Monex, is a highly respected source that will provide live market gold rates for several different bullions.
- 2). Access the Chicago Mercantile Exchange (CME) website. Because it is one of the largest finance and business organizations in the world, the CME regularly updates information on commodities and gold futures. It is also a great source to compare the trend of the gold future and use historical data and contemporary news to make predictions of where the trends may lead.
- 3). Confirm your findings by researching the value at Bloomberg.com. Bloomberg is an internationally recognized entity. Once you have reached the site, select the "Commodities" tab. You will be taken to a new webpage divided into subsections. Follow the page down until you find the section titled "Precious Metals"; the gold future will be there.
- 4). Verify your answers and the information you gathered by contacting your personal broker. Generally, investment brokers do not charge to provide quotations. Take advantage of this by proving that your data is correct. Brokers will have access to market insights as well as sector tools that they can use to analyze information available in online websites. Brokers will also have more accurate rates because they are constantly observing futures and commodities.
- 5). Record your values in a personal database or computer program. There are many programs that are readily available which you can use to compile rates and values from multiple sources. Microsoft Excel has certain features that allow you to store live values from several different websites. The rates would be real-time streaming and you could create algorithms to calculate the average among all these resources.
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