Keyword Analysis & Research: gold spot price

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What does it mean to buy gold at spot price?

The spot gold price refers to the price of gold for immediate delivery. In other words, if you walk into a bullion dealer off the street and take out your wallet, the spot gold price is close to what you'll pay for a gold coin or bar. (Plus the premium the dealer is going to charge you.)

What determines the spot price of gold?

The spot price of gold is determined by a discovery process of supply and demand. Gold market participants include buyers and sellers.


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