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Spot gold hit an all-time high on Monday, touching $2,135.39 per ounce before falling to trade around $2,027 by midday. Gold futures ( GC=F ) also hit an intraday high of $2,152.30 on Sunday ...
Furthermore, gold is traded continuously throughout the world based on the intra-day spot price, derived from over-the-counter gold-trading markets around the world (code "XAU"). The following table sets out the gold price versus various assets and key statistics at five-year intervals.
A sell limit order is not executed unless the price is above a preset value. A buy limit order is not executed unless the price is below a preset value. The lead participant will begin the fixing process by proposing a price near the current gold spot price. The participants then simulate the result of trading at that price.
Spot gold rose 0.1% to $2,607.72 per ounce as of 1315 GMT, while U.S. gold futures gained 0.1% to $2,620.40. ... Bullion is often regarded as a hedge against geopolitical and economic risks and ...
In finance, a spot contract, spot transaction, or simply spot, is a contract of buying or selling a commodity, security or currency for immediate settlement (payment and delivery) on the spot date, which is normally two business days after the trade date. The settlement price (or rate) is called spot price (or spot rate).
Wall Street analysts expect gold's rally to keep going in 2025 after the precious metal saw its biggest annual jump in 14 years. On Thursday, gold futures (GC=F) jumped more than 1% to hover above ...
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