What is another word for spot price?
Pronunciation: [spˈɒt pɹˈa͡ɪs] (IPA) 
The term "Spot Price" refers to the current market price for a commodity or asset that is being traded for immediate delivery. Synonyms for this term include "current price," "market price," "current market value," and "immediate value." The spot price is determined by supply and demand dynamics, and it is influenced by various factors such as geopolitical events, market sentiment, and economic indicators. Other terms that are commonly associated with spot price include "cash price" and "spot rate." In the investment world, spot price is particularly relevant for commodities such as gold, silver, oil, and gas, as well as for currency exchange rates.
