Pricing is adjusted daily
- Our spot price is calculated using the Chicago Mercantile Exchange (CME) futures pricing and adding an exchange for physical (EFP)
- We typically use the futures contract with the highest volume. Please see the following link on the CME for the most actively traded gold futures contracts: https://www.cmegroup.com/trading/metals/precious/gold.html
- Spot prices among different dealers may vary, based off of whether they are displaying ask and bid pricing, what types of feeds/refresh rates are being used, and other variables.