Category Archives: OAKTON COINS & COLLECTIBLES

WHAT IS THE GOLD AND SILVER “SPOT” PRICE?

Generally, the current price (spot price) for gold is based on one futures contract for gold. That futures contract theoretically controls 100 troy ounces, or one brick of gold (1,000 oz for silver). Gold or silver futures are standardized, exchange-traded contracts in which the contract buyer agrees to accept delivery of a specific quantity of […]

Read More