|gold spot price ytd||0.68||0.7||4405||56|
The data is retrieved continuously 24 hours a day, 5 days a week from the main marketplaces (LBMA, NYMEX, GLOBEX, HONG KONG). The "spot" price is the reference price of one troy ounce, the official unit of measurement on the professional market for spot transactions.How much does one troy ounce of gold cost?
The spot price always refers to the cost of one troy ounce of gold. Precious metal weights are traditionally measured in troy ounces. A troy oz is equal in weight to 31.1 grams (or 480 grains). Live spot prices also always refer to .999 fine gold (99.9% pure) or better.What does the ytd return on gold mean?
The YTD Return Gold is shown above. The YTD Return on the YTD Return Gold page and across the coverage universe of our site, is a measure of the total return for a given investment year-to-date for the current calendar year (up to the end of prior trading session).What's the difference between the bid and the spot price of gold?
When someone refers to the price of Gold per ounce, they are referring to the spot price. The spot price of Gold is always higher than the bid price (what dealers pay for Gold per ounce) and always lower than the ask price (what you will pay a dealer for Gold per ounce).