Definition of spot price in English English dictionary
The price at which a physical commodity for immediate delivery is selling at a given time and place
The market price for immediate delivery of a commodity, such as gold, silver or platinum
the price of the cash commodity that underlies a futures or index contract; the price of the front month contract
The price of a security or commodity in the cash market Used in reference to the futures markets for securities or commodities which underlay various futures contracts
The present physical market price of the relevant commodity, currency, or investment instrument