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An investor notices that an ounce of gold is priced at 1318

Question: An investor notices that an ounce of gold is priced at $1,318 in London and $1,325 in New York. What action could the investor take to try to profit from the price discrepancy? Which of the six trading activities would this be? What might be some impediments to the success of the transaction?

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Finance Basics: An investor notices that an ounce of gold is priced at 1318

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