Table of Contents
Where can I find precious metal prices?
Precious metal prices are indications only. Spot prices may vary among different websites and sources. Call Goldline for the most current spot prices. Precious metals glossary.
How do traders determine precious metal spot prices?
This is because traders determine precious metals spot prices on futures exchanges. A spot price is the live price of a precious metal with immediate deliverability. It represents the current rate at which a metal can be purchased or sold at a specified place and time.
Why are precious metals prices rising?
A sharp rise in precious metals prices suggests not all is well in the financial world. The bullion banks can try to combat rising demand for physical metal by flooding futures markets with paper sell orders. It might work in the short-term, but it will ultimately fail if the paper market loses credibility.
How do traders determine precious metals prices?
This is because traders determine precious metals spot prices on futures exchanges. A spot price is the live price of a precious metal with immediate deliverability. It represents the current rate at which a metal can be purchased or sold at a specified place and time. This rate defines the explicit value of precious metals market prices.
Are fabrication costs included in the price of precious metals products?
Fabrication costs for various precious metals products are not included. Please visit Kitco Online Store for our product selections. Copper production in Chile falls 3.2% in October – Kitco News03:42PM
Are the quotes on this page relevant for trading precious metals?
The quotes on this page are relevant for trading precious metals in their pure standard exchange approved bar form. Fabrication costs for various precious metals products are not included. Please visit Kitco Online Store for our product selections.