Current Live Prices

It is easy to confirm that Monex offers some of the best prices on precious metals by comparing our prices with those of other dealers. But what sets Monex apart is that we also feature transparent pricing. We publish both ask and bid prices on our website. That “spread” – the difference between our “ask” and “bid” prices – tends to be far less than many other dealers. We also offer lower Atlas Preferred Prices on purchases made with the Monex Atlas Account on several of our bullion and coin products. Call us today to learn more about Monex’s pricing advantages.

Spot Prices represent the midpoint between Monex bullion bid and ask prices per ounce. A Current Spot Price is calculated as a bid/ask average, based on a virtual non-stop price discovery process of active comparable commodity transactions. They include dealer and exchange markets throughout the world. Typically, markets track each other when active, but physical delivery price in regards to locations can present anomalies, especially if transportation is slow, costly or restricted. If open, dealer and exchange markets fluctuate throughout the day. For example, if the historical price per ounce of a COMEX/NYMEX futures contract or the London dealer market were to fluctuate up a dollar, typically the Spot Price gets calculated up a dollar. Obviously, market prices can fluctuate irrespective of a particular historical transaction price reported.

Precious metals prices constantly change throughout the day. Bid and ask prices shown here represent the last published prices per ounce updated from Monex. Monex monitors marketplace activities and adjusts its Ask, Bid and Spot prices as many times as necessary throughout its 11-hour trading day. In active market conditions when metal prices can become extremely volatile, prices can change almost continuously, moving up and/or down many times in a single minute, and for hours on end.

Current prices are reflected with the change in price for the trading day. Change is calculated from the last Monex price of the prior business day. Bullion bar and coin Open, High and Low prices are Ask prices.

Bullion bars and coins are sold at Monex Ask prices, which are subject to a buy charge. An “Ask” price is a dealer quote inviting an investor to buy, and “Bid” is a quote at which the investor would sell. The difference that the Ask price is greater than the Bid price is the dealer's bid-ask spread. Common industry practice is to reference a “Spot” price, which benchmark relates to a per-ounce price of the current (“Spot”) month.

Disciplined investors recognize that exiting an investment is as important as entering. A true two-way market with sizable transaction volume offers investors the ability to both purchase and sell their metal at very competitive prices. An attractive price to purchase or sell bullion, which is not available in volume, is not attractive.

For over 50 years* , Monex companies have quoted a two-way buy/sell physical bullion market, which has been an industry respected price reference, with Monex Deposit Company having over $70 billion in customer transactions. Don't be confused by dealers or e-commerce sites that present spot prices that do not fairly represent its common usage. Novice dealers may show a higher spot price than the nominal benchmark in order to obfuscate their transactional spread. If a dealer has two different spot prices for the same commodity, it suggests buying or selling bullion at ask and bid prices, and is not a single spot price for comparison purposes. Gain instant access to the Monex Spot Bullion Price here and by using the Monex Bullion Investor^TM smartphone app.