Gold Spot vs Futures vs Physical Prices Explained
Gold trades at three different price levels: spot, futures, and physical. Each serves a distinct market and is influenced by different factors.
Gold Market
Gold trades at three different price levels: spot, futures, and physical. Each serves a distinct market and is influenced by different factors.
The LBMA Gold Price auction is a twice-daily benchmark-setting process, distinct from the continuously fluctuating spot price of gold.
Twice a day, a short electronic auction produces the number that prices most of the world's physical gold. Here is how it works.