Quiz

Understanding the Spot Price

4 questions·Pass at 80%·+75 FG on first pass

Read the article first before attempting the quiz. Flashy Gold is earned on your first pass only.

1.What does the "spot price" of gold refer to?

2.Who sets the gold spot price?

3.Why does a weaker U.S. dollar tend to push gold's dollar price higher, all else equal?

4.What is the relationship between the spot price and what you pay for physical gold?

Answer all 4 questions to submit