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SPOT : The spot price reflects Gold, Platinum, or Silver’s paper market value, but the real cost of bullion is higher due to dealer premiums, minting, shipping, and market demand. SPOT PRICE :
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PHYSICAL : The actual price of physical Gold, Platinum, or Silver is always higher than the paper spot price. This is because the spot price represents the paper or electronic market value, not the physical metal in your hand. PHYSICAL PRICE :
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Gold
September 29, 20231KViews0Likes0Comments

Gold prices holding above $1,950 as U.S. housing starts drop 11.3% in August

Technical momentum is supporting gold prices near a two-week high above $1950 an ounce as the precious metal sees little reaction to significantly disappointing housing construction data, highlighting ongoing weakness in the U.S. housing sector. Housing starts dropped sharply by 11.3% to a seasonally adjusted annual rate of 1.283 million units last month, the Commerce Department…

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