The Various Gold Prices
and What They Mean

The term, Gold Prices, can be totally different depending on areas of the trade you are dealing in.

Spot Price

The first one that comes to mind is spot gold.

This is the current, up to the minute, price that changes constantly throughout the trading day. You can view the live spot below...

[Most Recent Quotes from]

London Fix

London Gold, or sometimes referred to as the London Fix, is a more stable value because it does not fluctuate. From mining to retail this is the basis for all transactions.

Bullion Prices

Investors are particularly interested in bullion. They closely follow the gold bullion prices which consist of spot plus a premium that ranges from 2% to 5%.

Scrap Gold Prices

Another value that is popular is scrap gold prices.

This is probably the one that has the highest variable. It ranges from the lowest amount that a scrap gold buyer is willing to pay, to the amount that they receive when they sell to the metals refinery.

Gold Price History

If you look back at the historical price of gold you can see that in the past few years there has been an upward trend. Although no one knows for certain how high it will go, there is enough evidence to support this trend for years to come.

No matter how high the number goes, you can always be safe by buying below value.

The popular e-book titled "How To Buy Gold Low" is a must read for anyone who is concerned about a sharp decline in value.

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Jeff Sneeringer

Jeff Sneeringer

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