The spot price of gold refers to the price of one ounce of gold and the spot price of silver refers to the price of one ounce of silver. Gold and silver must be of specific fineness requirements. What Are Futures Prices? The futures prices of a commodity are contracts that designate a price for future delivery of the commodity.
What is the price of precious metals?
Glossary of Precious Metals Terms. Contact Us. Real time market. Gold $1,855.51 -5.58 (-0.3%) Silver $25.49 -0.01 (-0.04%) Platinum $1,105.82 -2.46 (-0.22%) View all precious metals.
What are spot prices?
When it comes to spot prices, the important thing to remember is that spot is simply referring to the price at which one could transact and take delivery on now as opposed to some date in the future. Our up-to-the-minute spot prices are provided by a variety of reliable sources.
What are metal price ETF's?
Some of the more complex metal price ETF's are designed to track the inverse of a metal's price or even multiples of the market price. Other ETF's track the price of an individual metal or a group of metals. Investors also participate in metal price speculation through investment in mining companies and funds that invest in mining firms.
