spot price

Current market rate

Spot price is the current market price for immediate delivery of a commodity, currency, or security.

It contrasts with futures prices, which reflect what buyers will pay for delivery at a later date.

The spot price of gold jumped after the announcement.

In energy markets especially, spot prices fluctuate based on real-time supply and demand.

market

futures

Contracts for future delivery

discount · volatility · supply · demand · benchmark · index · exchange rate · arbitrage · convergence

commodity

gold

Element seventy-nine

natural gas · wheat · corn · soybeans · platinum · palladium · aluminum · nickel · zinc · uranium

trading

bid

Offer to purchase

settlement · delivery · cash · over-the-counter · forex · volume · ticker · liquidity · order · fill

valuation

fair value

Reasonable exchange price

NAV · assessment · quotation · current value · real-time · intraday

Categories
Opposites
temporal delivery

spot pricecontract price

Negotiated sum in agreement

fixed price · negotiated price · free · no charge

price fixity

spot pricefixed price

Predetermined, unvarying cost

negotiated price · set price

cost presence

spot pricefree

Without payment or restriction

no charge · gratis · complimentary

Family

spot, price, priceless, spots, prices, priced, pricing, overprice, misprice

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