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.

What are the hypernyms for Spot price?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Related words: spot price of gold, gold spot price, spot price definition, spot price of crude oil, spot price of silver, spot price of copper, spot prices for gold, euro spot price

Related questions:

  • What is a spot price?
  • When does the spot price change?
  • How does a spot price change?
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