Welcome to a very brief overview of the recent performance in the markets. The essentials are captured in the table below and each week we will show a chart of interest. Gold sustained a $60 swing in the space of just 48 minutes on Thursday as Federal Reserve (U.S. central bank) Chairman Jay Powell was […]
Gold Spot
Gold Spot Definition The gold spot is that particular form of this precious metal traded on the spot market during a certain period of time between different specialized dealers. The spot market is a virtual place for bullion traders following the same set of rules and having one common interest, to trade this commodity called […]
Spot Gold
Spot Gold Fixing The definition for the spot price is the following: the price at which a certain commodity is sold on the market at a specified time; therefore, the spot gold is the price at which this precious metal is sold at a certain time on the spot market. The spot gold is internationally […]