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The spot price is based on the unfabricated form of gold or silver before being sold to a dealer to be struck as a coin or poured into a bar.
What is spot gold price right now. 1 troy ounce 31 10 gram gold price per 1 gram 59 41 usd 1 troy ounce 0 031 kilogram. The price for any gold product is the spot price plus a premium which is added by all dealers to cover their overhead. The spot price of gold is the standard used to determine the current price that one troy ounce of gold can be bought or sold.
Transactions for bullion coins are almost always priced using the spot price as a basis. The spot price of gold is the current price that one ounce of gold can be bought and sold for immediate delivery. The spot gold price refers to the price of gold for immediate delivery.
The spot price does not take into account dealer or distributor markups or markups by the minting or manufacturing company. Live 24 hour gold price spot chart from new york london hong kong and sydney. Conversion gold price spot price.
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