What Is “Spot Price”?

Spot price is the current price for a Troy ounce of raw gold, silver, platinum, or palladium in the market. A spot price is “fluid,” meaning it can change throughout the day and is updated on our site every 45 to 60 seconds.

Please keep in mind that the spot price is simply the price at which that commodity could be exchanged in that moment.

Did this answer your question? Thanks for the feedback There was a problem submitting your feedback. Please try again later.