What Is the Gold Spot Price and How Is It Set? When you go to buy a gold American Eagle, online or from your local coin shop, the price that you pay is determined by what is known as “spot.” « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Gold Prices Can Keep Rallying, This Investing Pro Says. Here Are Her Picks. READ MORE Japan Sounds the Alarm on Yen's Speculative Tumble Amidst Rising U.S. Inflation READ MORE Fed's Key Inflation Rate Aligns with Expectations, Boosting S&P 500 READ MORE Gold Extends Record Run With $2,200 in Sight After US Jobs Data READ MORE Druckenmiller Makes Bet on Gold Miners READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment