spot price Synonyms
No Synonyms and anytonyms found
spot price Meaning
Wordnet
spot price (n)
the current delivery price of a commodity traded in the spot market
spot price Sentence Examples
- The spot price of gold surged to a record high, driven by fears of inflation.
- Traders closely monitor the spot price to gauge market sentiment and make informed decisions.
- Spot prices fluctuate constantly, reflecting the real-time supply and demand of the commodity.
- The spot price of oil is determined by the current market forces and does not include future delivery costs.
- Exchange-traded funds (ETFs) offer investors exposure to the spot price of various commodities.
- Spot prices are crucial for producers and consumers to establish fair prices and manage risk.
- Governments may intervene in the spot market to stabilize prices or achieve specific policy objectives.
- The spot price of a commodity can be influenced by geopolitical events, such as armed conflicts or natural disasters.
- Speculators often engage in spot price trading to profit from the volatility of the market.
- Spot prices provide valuable insights for businesses to make strategic decisions regarding procurement, production, and inventory management.
FAQs About the word spot price
the current delivery price of a commodity traded in the spot market
No synonyms found.
No antonyms found.
The spot price of gold surged to a record high, driven by fears of inflation.
Traders closely monitor the spot price to gauge market sentiment and make informed decisions.
Spot prices fluctuate constantly, reflecting the real-time supply and demand of the commodity.
The spot price of oil is determined by the current market forces and does not include future delivery costs.
