Spot Price vs Retail Price

Spot price

Spot is the live wholesale reference for immediate delivery of metal. Our trackers show spot in USD and other currencies using documented data feeds.

Retail premium

Dealers add premium for fabrication, inventory, and profit. Premiums widen during supply crunches and shrink in calm markets. Compare multiple dealers against the same spot snapshot.

Melt value

For jewelry, melt value = weight × purity × spot. Use the purity calculator on gold or silver pages — retail resale may still be below melt.

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