LBMA Associate
Menu
Charts
HomeGlossarySpot

Spot

The price that gold, silver and other precious metals for delivery in two business days time as opposed to a forward or futures contract. Gold and silver spot prices are based on the price of one troy ounce of precious metal. Use our CoinInvest spot price pages to get real-time updates and for the twice daily London Bullion Market Association (LBMA) updates that are the industry benchmark.