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How is spot gold price calculated?

The COMEX, formerly part of the New York Mercantile Exchange and now part of the CME Group in Chicago, is the key exchange for determining the spot gold price. The spot gold price is calculated using data from the front month futures contract traded on the COMEX.

What time does the gold spot price change?

The gold spot price is determined by a variety of domestic and foreign exchanges, allowing the gold spot price to consistently update from 6PM EST to 5:15PM EST, Sunday to Friday (markets close from 5:15 PM to 6 PM EST each weekday). The changes in gold prices are due to supply/demand, as well as order flow and other factors.

Does JM bullion sell gold?

JM Bullion offers a wide variety of quality physical gold products at the lowest prices in the industry. Browse some of our selection at the links below: Can I put gold in my IRA? Many of our gold bullion products are eligible for a gold IRA.

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