Gold Spot Price
- Low 52247
- High 52595
Commodity Related Articles
Why is Gold Valuable?
Gold is valuable as it is used for numerous purposes such as religious matters, mining, technology, electronic parts etc., which results in higher demand.
What is the difference between gold and spot gold?
Gold is the name of the actual commodity which can be bought physically or electronically while spot gold is the immediate price of gold as traded on various exchanges.
How does spot gold trading work?
Spot gold trading works similarly to buying and selling stocks where investors can buy gold electronically through exchanges where gold is quoted based on real-time prices.
Is spot gold trading legal in India?
Yes, gold spot investing is completely legal in India and can be executed legally through various commodity exchanges.
How often do gold prices change?
Physical gold prices are fixed daily while spot gold price fluctuates in real-time based on the demand and supply factors.
Is the price of gold the same all over the world?
The price of gold, especially the spot gold price is almost the same all over the world as the denomination is the same for the gold that is quoted in the international markets.