Gold Spot Price FAQs

Orders are completed on the same business day that they are placed and deilvered within 3-5 buisness days 

Gold is a commodity that is traded all over the world, and as such, it trades across many different exchanges, such as Chicago, New York, Zurich, Hong Kong, and London. The COMEX, formerly part of the New York Mercantile Exchange and now part of the CME Group in Chicago, is the key exchange for determining the spot gold price.

Bid prices represent the current maximum offer to buy in the market, and Ask prices represent the current minimum offer to sell in the market. If you are a buyer, you will pay the Ask price, and if you are a seller, you will receive the Bid price. The difference between the two prices is the bid-ask spread.

Gold performed very well in 2022, posting a gain of 18% over the prior year. Expectations are high for 2023 due, in part, to increased retail buying and heavy accumulation by Central Banks. In addition, The Federal Reserve expects inflation to continue along with continued interest rate increases.