Understanding spot price, buy price, and spread

The 'spot price' is the current market price for immediate delivery of a precious metal, typically quoted per troy ounce in USD and converted to local currency and units.

Every dealer — including us — applies a small spread on top of spot: a markup on the buy side, and a discount on the sell side. This spread covers vaulting, insurance, transaction, and treasury costs.

We keep our spread transparent and visible on every quote, so you always know exactly what you're paying before you confirm a purchase.