Keyword Analysis & Research: gold spot price kitco

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Frequently Asked Questions

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.

What is spot market gold?

Spot Gold. The spot market is where professional bullion dealers buy and sell gold for more-or-less immediate settlement. The spot market is not a place; it doesn't have a location.

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