Can someone explain?

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Golden Minerals is a junior silver producer with a strong growth profile, listed on both the NYSE Amex and TSX.

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Can someone explain?

posted on Jun 04, 2010 12:48PM

I am watching gold quotes on the following site, which indicates from where the quotes are reported.

http://www.forex-markets.com/quotes_composite.htm

From the moment gold started popping up 45 minutes ago quotes from AZML (don't know where that is located) were $2-3 higher than those from SAXO, MIGF, USBW and WBLT. These last four are European trading platforms, I believe.

Also now, I see gold bid and ask quotes consistently being $1 higher at AZML than at the other platforms. It seems arbitrage is not working very efficiently.