GoldGold $3,380.00/ozSilverSilver $60.00/ozPlatinumPlatinum $1,530.00/ozPalladiumPalladium $1,138.00/ozGoldGold $3,380.00/ozSilverSilver $60.00/ozPlatinumPlatinum $1,530.00/ozPalladiumPalladium $1,138.00/oz
Glossary

Backwardation

A market condition in which the futures price of a precious metal is lower than its current spot price. It often signals strong physical demand or tight supply and may precede a short-term price increase.

Related terms

Accepted payment methods: OTP Bank, K&H, Mastercard, Maestro, Visa, Apple Pay, Google Pay