How these prices work
These are spot prices: what one troy ounce of each metal costs for immediate delivery in the wholesale market. Each figure is the mid-market price, halfway between what buyers are bidding and what sellers are asking.
Bars, rounds and coins cost more than spot, because refining, minting, shipping and dealing all cost money. In the EA Bullion shop, gold, silver and platinum products are priced from the live spot price. When you lock your order, every price holds for 15 minutes while you check out.
Questions about spot prices
Why do prices differ a little between websites?
Sites use different price feeds, update at different moments, and some show the bid or the ask instead of the mid-market price.
How many grams are in a troy ounce?
A troy ounce is 31.1035 grams, and a kilo is 32.15 troy ounces. Precious metals are weighed in troy ounces, which are about 10% heavier than the 28.35-gram ounce used for food.
When does the market trade?
Almost around the clock on weekdays, from Sunday evening to Friday evening US Eastern time, as trading passes between Asia, London and New York. Prices stand still over the weekend, and this page says when markets are closed.
What does the 24-hour change compare?
The latest price against the price recorded closest to 24 hours earlier.
This page is general information, not investment, tax or legal advice. Spot prices are indicative wholesale prices. Products cost more than spot, and the price you pay is shown in the shop and fixed when you lock your order.