Gold Spot Price
What's the price of Gold?
Gold spot price is the price of raw unrefined gold at the time it is pulled out of the ground by various mining operations. This price is the price used to sell gold, usually by the ton, to refiners around the world. Refiners then refine the gold into various alloys or it's most pure form and then mint or sell the refined product to mints to be made into it's final form.
Spot price is also the price gold is commonly sold for on the secondary market by commodity investors. Bid and ask prices are used for contract fulfillments on the NYSE, COMEX and other metal markets.
Gold Bullion Offers
The Gold Crate (Monthly)
As low as $50 per month!
Receive various coins, bars and gold rounds from around the world each month with Investor Crate's Gold Crate.
Gold Starter Pack (One-time)
Looking to get an ounce or two?
The Gold Starter Pack is a trial pack for folks wanting to try out Investor Crate's Gold Crate without committing to a subscription, despite there being no obligation to continue service.
Gold Monster Pack ($5,000 +)
Looking for more gold?
The Monster Pack series of products are for folks looking to convert up to $100,000 of fiat into the precious yellow metal while avoiding credit card transaction fees.
Current price of Gold
Gold has been revered for it's value since its discovery. In the last century, technological and scientific research has found that gold has very sought after physical properties with applications and use cases across a wide array of industries. With these discoveries, demand for gold has sky rocketed and shows no signs of slowing down.
Gold is one of the best conductors available and out of the roughly 2,500 tons of gold mined each year, 37% end up in electronics such as smart phones and other commercial computing devices.
Tracking the price of Gold
Tracking the price of gold is left up to the London Bullion Market Association and they base it off of current, provisional and future mining contracts which accurately gauges current demand. The TradingView widgets provided to Investor Crate track this enormous amount of data in an easy to read and use chart.
Buying Gold at spot
While buying gold at spot price isn't viable because spot price is usually an indications of the raw unrefined ore, buying the finished product in the form of bullion coins, bars and rounds is very easy and accessible to any person with virtually any budget.
Investor Crate is one of the most trusted names in precious metals, utilizing a business model based off of Dollar Cost Averaging, we are one of the largest online retailers of gold in the United States.