Spot Price

A spot price is the real-time price at which an asset can be bought or sold immediately on a specific market. This value can differ between markets, as it reflects where participants are actively trading. The spot price typically refers to the latest transaction price or, in some cases, the midpoint between current buy and sell offers. Both figures tend to be nearly identical when trading activity is steady. Spot prices are widely used to gauge the current market value of commodities, currencies, and other assets.