Definitions
There is 1 meaning of the phrase
Spot Price.
Spot Price - as a noun
The current delivery price of a commodity traded in the spot market
Synonyms (Exact Relations)
cash priceExample Sentences
"The spot price of gold is currently at an all-time high."
"Investors closely monitor the spot price of crude oil."
"The spot price of silver has been fluctuating wildly in recent weeks."
"Traders use spot prices to determine the value of commodities."
"The spot price of natural gas spiked due to increased demand during winter."
