Spot gold finished Friday with a solid gain as the U.S. dollar finally gave way, allowing the rate-relief trade that had been building all week to show up in the currency market.
The metal settled at $4,376.82 an ounce, up $25.55 or 0.59%. The advance came a day after gold sold off 1.3% on profit-taking…
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 :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
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 :
- Gold
AUD $
- Platinum
AUD $
- Silver
AUD $
