spot price

noun

1. the price of spot goods or of commodities on the spot market.

spot price

noun

1. the price of goods, currencies, or securities that are offered for immediate delivery and payment

Example Sentences

However, fires like this typically spike wholesale spot prices, which are reflected at the pumps within a few days.

From Los Angeles Times

Weekend developments on the Gaza conflict did little to change that picture, though confirmation of Saudi and Russian supply cuts stopped the spot price decline.

From Reuters

Like other cryptocurrency ETFs, the new product is tied to futures contracts on ether, rather than the spot price for the token.

From Reuters

The market structure called backwardation occurs when spot prices are higher than future prices, giving energy firms little incentive to pay to store fuel for future months.

From Reuters

Do some research and make sure that you know the current spot price of silver so that you can get the best deal possible.

From Encyclopedia.com