The term "spot gold price" means that gold is purchased or sold for immediate payment or delivery. it is different than forward or future priced gold where the gold is bought or sold for future delivery.
gold prices are determined on the basis of stock market.
"The price of gold stocks will always be changing because the market for gold is always changing. It will depend on the supply and demand for gold, as well as the overall status of the economy."
The price of gold changes often because it is listed on the stock market. The price of gold has been increasing over the last few years. Currently, the price of 14 karat gold is fifty dollars and eighty cents.
LME is the the London Metal Exchange. This is like the stock market where at the end of day there is a set price on various metals (copper, aluminum, gold)
Now is the best time to sell gold jewelry because the stock market troubles have driven the price of gold to record highs. Selling your gold now will get you the best price.
the stock market. if there is more found in one day, or there is an economic crash, the price is lower, less found or an economic boom price is up. try this site its useful http://gold-price-blog.info/
A commodity such as gold does not trade on the "stock" market. Gold and other commodities trade on the futures market. Currently it is trading as much as $1798.40.
The price of gold is ever changing. The stock market for things like this can change from day to day. Gold is more valuable than simply a dollar. It also depends on the weight of the gold.
The price of gold can vary day by day due to the stock market. As of August 4, 2014 the cost of an ounce of 14k white gold is $757. 17.
Gold
You cannot purchase Gold from the share market.
As of the close of the business day of July 2, 2013 the price of USA gold is $1305.57. This price fluctuates up and down with the Stock Market. One can check the going price on various online sites and local newspapers.