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

Every eight hours, traders — longs and shorts — exchange “funding rate” payments to keep the perpetual contract price anchored to the spot price.

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The gold spot price has hit record highs several times this year and is up more than 50% this year.

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The average weekly spot price for Central Appalachia coal, for example, was at $79 per short ton for the week ended Oct.

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He said London silver spot prices are now commanding a hefty premium over silver futures trading on Comex in Chicago, owing to the physical shortage.

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

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