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What is live gold price?

The live gold price is also referred to as the spot gold price. Live gold prices represent the price of gold right now as opposed to some date in the future. The price of gold can be affected by many different inputs, and live gold prices can keep you up to date on market movement. How are Live Gold Prices Determined?

What is the difference between LME gold price and LBMA Gold Price?

Unlike the LBMA Gold Price which is derived from buy and sell orders within daily auctions, the LME gold price is a volume-weighted average price calculated based on trades executed in the LME’s Gold spot contract over a 2-minute period starting at the above times.

How much does gold cost per ounce?

Central banks and monetary authorities hold gold as a reserve asset on their balance sheets, and usually value it at the market price of gold or else an average of recent market prices. One exception is the US Treasury which values its gold holdings at an historical book value prices of $42.22 per troy ounce.

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Risk warning: Digital asset trading is an emerging industry with bright prospects, but it also comes with huge risks as it is a new market. The risk is especially high in leveraged trading since leverage magnifies profits and amplifies risks at the same time. Please make sure you have a thorough understanding of the industry, the leveraged trading models, and the rules of trading before opening a position. Additionally, we strongly recommend that you identify your risk tolerance and only accept the risks you are willing to take. All trading involves risks, so you must be cautious when entering the market.

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