Definition
The price of gold for delivery now, rather than at a future date.
The story
On Oct 14, 2026, spot gold fell 1.7% to $4,086.06 while December gold futures fell 1.6% to $4,108.60 (Reuters via Kitco). Same metal, same morning, two prices. The futures price sits higher because it includes the cost of waiting until December.
Why markets watch it
News quotes both, so knowing which is which avoids confusion. Our record labels it every time.
Connects to
FuturesGold futuresContangoTroy ounceLBMA Gold PriceGold ETFs
Last seen in
We explain why it moves markets. What you do with it is your call. Commentary and education only. Not financial advice. All terms