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Spot Price

The spot price refers to the current market price of a commodity, security, or financial instrument at the present moment. It is the price at which an asset can be bought or sold for immediate delivery and settlement, without any future contract obligations.

Usage examples:

Noun:

• The spot price of gold has been steadily rising in recent months.
• Investors monitor the spot price of crude oil to make informed trading decisions.

Adjective:

• She purchased the car at a spot price, without having to negotiate or wait for a special discount.
• The spot price quotation for natural gas is subject to frequent fluctuations.

Related products:

Browse related products on Amazon: Gold Bullion, Crude Oil, Natural Gas Trading