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Finance Dictionary and Glossary of Investment Terms
The current market price of the actual physical commodity. Also called cash price. Current delivery price of a commodity traded in the spot market, in which goods are sold for cash and delivered immediately. Antithesis of futures price.
The present delivery price of a given commodity being traded on the spot market. also called cash price.
The current price at which a particular commodity can be bought or sold at a specified time and place.