SPOT PRICE VARIES TICK BY TICK OR SECOND BY SECOND WHEN THE EXCHANGES ARE ACTIVE , USUALLY BETWEEN SUNDAY 4 PM (PST ) TILL FRIDAY 5:30 (PST) .
TO SEE WHAT THE CURRENT ACTIVE SPOT PRICE IS VISIT WWW.KITCO.COM FOR SPOT PRICES OF GOLD. try this site its useful
http://gold-price-blog.info/
The value of this coin is based on the spot price of gold at time of sale. A $25.00 coin is one half ounce of gold so value is half of spot price.
The gold spot price refers to the current market price of gold for immediate delivery, while the gold wholesale price includes bulk transactions, discounts, and additional costs for handling and distribution.
Gold is typically found in underground mines, rivers, and streams. It is often mined in countries like China, Russia, and Australia, where large deposits have been discovered. Gold can also be found in electronic waste and recycled through specialized processes.
Every website got gold price chart.In that chart people can find out spot gold price instantly. This is the easiest and convenient way to get price of gold.
$1400-1800 in December 2010. Spot gold price was $1392 US today.
If one is wishing to find a spot gold price calculator online there are a few different options. One can find gold price calculators on sites such as Gold Calc, Dendritics or the Goldprice website.
It depends on its purity and the spot price of gold.
To calculate the value of 14K gold based on the Spot Price: (Grams) x (Spot Price x .02720) = Value 22 x (1100.00 x .02720) = $423.25
As of midday on July 1, 2011, the spot price of gold is US$1,484.50 per troy ounce. 22 karat gold is (22/24) = 91.666% gold, so a troy ounce of 22kt gold is worth US$1,360.79. Gold is often measured out in grains (480 per troy ounce) pennyweights (20 per troy ounce) or grams (31.1035 per troy ounce) - 22kt gold would thus have a spot price of US$2.83 per grain, US$68.04 per pennyweight, or US$43.75 per gram.
On Friday, 24 May 2008, the market price of gold was US$924 per troy ounce, so 75 troy ounces of pure gold would be worth about $69000. An alloy such as 10 karat gold or 14 karat gold is worth much less; also note that the troy ounce is about 10% larger than the more familiar "avoirdupois" ounce.______Remember to add about 3% to 5% to the spot price of gold is you want to buy a bar or bullion coin. I trade gold all day long and this is what it sells for. Not the spot price.
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.
The spot price for one troy ounce of gold is the same in New Jersey as it is in the rest of the United States. As of 07/07/12 the spot price of gold is $1582.00