Precious Metals Spot Price Charts | Gainesville Coins ®
Understanding Spot Price
This is our Precious Metals Price Charts hub, where you can view real-time and historical charts of all precious metals prices. Check the live precious metals prices today and over time on historical price charts covering the past 10 years.
Follow the links above to the individual pages for each metal to view current spot prices and interactive price charts. Prices for each of the metals are quoted per gram, per troy ounce (oz), and per kilo. Prices are updated every few seconds and are expressed in terms of U.S. dollars.
The spot prices of the various precious metals are the constantly changing prices at which they are traded on the global market. Unlike futures prices, spot prices indicate the value of precious metals for immediate delivery. Ultimately, prices reflect the balance of supply and demand. This is true whether it is gold spot prices, silver spot prices, platinum prices, or palladium prices.
The spot price for a commodity fluctuates throughout the day as they are traded, and the price freezes when markets close. (In the U.S., most commodities markets close at 5:15 pm EST.) This is the closing price, which will be the starting point for trading the next day. The closing price on one exchange, however, does not necessarily match subsequent changes in trading prices on other global exchanges.
The live gold price and silver price used to be based on the daily London Fix, but this is no longer the case. In addition to New York, the largest such trading hub is the London precious metals market. It is overseen by the London Bullion Market Association (LBMA). This is where the largest number of vaults containing physical precious metals are located.
Live spot prices are the benchmark used by financial institutions, precious metals dealers, and investors to calculate the price at which varying precious metal products are bought and sold. Whether they are physical products (such as bars, coins, or bullion) or financial instruments (such as ETF shares), the spot prices of precious metals are the basis for how those products are sold and traded on the open market.
Find all the information and data you need to make the most informed investment decisions when you buy gold, silver, platinum, or palladium. Please call us to ask any questions you may have. You can browse our available inventory on our website, which includes gold bullion bars, 10 oz silver bullion bars, and coins such as the Canadian Silver Maple Leaf, American Silver Eagle, and South African Gold Krugerrand, among others.