What is the meaning of Spot price?

Spot price is 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.

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APABarry Goldsmith. (2010). spot price. Retrieved September 25, 2026, from http://smartdefine.org/spot_price/definitions/1163958
ChicagoBarry Goldsmith. 2010. "spot price" http://smartdefine.org/spot_price/definitions/1163958 (accessed September 25, 2026).
HarvardBarry Goldsmith 2010, spot price, Smart Define, viewed 25 September, 2026, <http://smartdefine.org/spot_price/definitions/1163958>.
MLABarry Goldsmith. "spot price" 21 October 2010. Web. 25 September 2026. <http://smartdefine.org/spot_price/definitions/1163958>
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