The spot price is the current market price for immediate settlement of gold. It changes throughout the trading day, influenced by supply and demand, economic data, interest rates and geopolitical developments.
EONA takes the international spot price from a professional market-data provider. Our prices are refreshed approximately every 10 to 15 minutes, and if the price data is more than 30 minutes old, trading is paused.
Why the Spot Price Matters
When you buy allocated gold, knowing what your price is based on helps you judge it. Using the spot price as the base offers:
- Transparency: A market price you can compare against public sources.
- Consistency: The same pricing method applies to every customer.
- Clarity: You can see how the spread and commission are added.
EONA’s pricing model is built on this principle: the spot price, a premium or discount to it, and a published commission.
Spot Price vs. Final Purchase Price
The spot price is the starting point, not the total cost. Your price at EONA includes:
- International Spot Price
- Spot-Based Pricing and Commission
The price, commission and total are shown before every transaction. Storage is charged separately. See our Fees & Spread page for the current figures.
How Market Prices Are Formed
Gold prices are formed through trading in markets such as:
- COMEX (New York)
- The London over-the-counter market
- Shanghai Gold Exchange
Market prices change constantly during trading hours. EONA’s displayed prices are refreshed approximately every 10 to 15 minutes, so they may differ slightly from the very latest market quote.
EONA and Spot Pricing
At EONA, the price that applies is the one shown on the platform when you confirm your order, based on the international spot price plus a premium.
Combined with allocation to specific bars stored with Loomis in Dubai, this gives you a clear view of what you pay and what you own. The value of gold can rise or fall.