Spot Price
The current market price for immediate delivery of a precious metal, quoted per troy ounce in US dollars. The global reference rate is set twice daily by the LBMA (LBMA Gold Price fix).
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Gold Bars Have Become a Scarce Commodity
Due to the coronavirus pandemic, the world's largest precious metals refineries in Italian-speaking Switzerland are closing one after another. As a result, retail gold bars have temporarily become a scarce commodity.
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Is the New York Stock Exchange Running Out of Gold?
On 24 March 2020, the price of the physically deliverable April gold contract on the New York commodity exchange suddenly surged 4% above the spot price. It appears there is not enough gold in the Comex warehouses.
25 March 2020

Invest in 1-Gram Gold Bars Efficiently! Introducing the Valcambi CombiBar
Many investors want a product small enough to serve as a means of payment in the event of a serious currency crisis. The CombiBar was created in response to this demand after the 2009-2011 financial crisis. Valcambi is one of the most renowned Swiss precious metals refineries and holds the 'Good Delivery' accreditation.
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