Gold futures basis the most active December contract is trading dramatically higher, up $58.50 and fixed at $1941.40.
Today’s surge in gold pricing is the direct result of attraction by market participants to move a portion of their portfolio into a safe haven asset.
This is the direct result of the current geopolitical conflict between Israel and…
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 $
