Live Metal Prices
Metals prices and specifically precious metals prices trade on a global level and are generally an effect of supply and demand. In finance, spot contracts, widely referred to as spot are terms for immediate purchase and sale of a given commodity such as gold based on same day settlements. Such pricing can vary significantly based locale, supplies, logistics, geopolitics and other lurking variables in the market. We try to provide our customers with a consistent reference price on spot that is most reliable.
Pricing Methodologies
Metals prices displayed on the site are quantitatively computed based on global underlying paper prices according to general market sentiment. The referenced metals prices can be independent of external venues or association methodologies and are weighted on the underlying markets.
Spot prices should be used as a reference and not a guarantee on the physical markets.