Spot Gold-ABX

Spot Gold


The spot price of Gold is the price the ATG World Capital's quotes to the clients including Banks, Institutions, and individual buyers for delivery of the Gold within 72 hours. The spot price is also known as the cash price. The spot price is calculated according to the most recent average bid price offered by the worldwide professional traders.

Key Factors
Strength and weakness in global currencies, especially the US dollar.Volatility in crude oil prices, prompting a shift to gold as a safe-haven investment avenue.
Jewellery demand (i.e. demand from physical buyers).
Policies of central banks of various countries with regard to gold holding and their respective bank rates influence.
Rise in inflation globally also prompts investors to invest in gold to protect their funds from pernicious effects of inflation.
Season-wise demand from Asian countries like India and China 
 

Quotation unit1 Fine Troy Ounce
Tick size$0.01 (AUD/USD)
Quotation currencyAUD & USD

 

Contract NameContract SizeFineness MinimumWithdrawal QuantityMinimum Deposit Quantity
1/2oz Pool1/2 Fine tOzmin. 995.0400 tOz (800 Lots)400 tOz (800 Lots)
American Buffalo1 fine 1Oz 999.91 Coin (1 lot, 1 tOz)1 Coin (1 lot, 1 tOz)
Australian Kangaroo1 fine 1Oz 999.91 Coin (1 lot, 1 tOz)1 Coin (1 lot, 1 tOz)
Austrian Philharmonic1 fine 1Oz 999.91 Coin (1 lot, 1 tOz)1 Coin (1 lot, 1 tOz)
Canadian Maple1 fine 1Oz 999.91 Coin (1 lot, 1 tOz)1 Coin (1 lot, 1 tOz)
Chinese Panda1 fine 1Oz 999.91 Coin (1 lot, 1 tOz)1 Coin (1 lot, 1 tOz)
10oz Suisse Minted Bar1 fine 10Oz 999.91 Bar (1 lot, 10 tOz)10 tOz (1 lot)
1Kg Bar32.148 Fine tOz999.91 Bar (1 lot, 1 kg)1 Bar (1 lot, 1 kg)