What is spot gold trading
Spot gold trading refers to the process of buying and selling gold on exchanges where the price is determined and recorded "on the spot." If you want, you can trade gold in 400-ounce "good delivery" bars, although trading that way both requires you to commit a lot of money to a trade and can be cumbersome since you need to have a relationship with an officially recognized bullion-storage company. Gold Price Gold, a precious metal, mostly appears in alloys and only rarely in its pure form. Because of its physical properties, it is resistant to air, moisture, heat and many solvents.