How Precious Metal Pricing Works
The current prices of gold, silver, and platinum are measured by the current spot price. Precious metals are typically measured in troy ounces (31.1 grams), and spot prices are listed in US dollars. These metals are traded on international commodities markets, where central banks, bullion dealers, jewelers, and investors trade precious metal futures.
The current spot price of gold, or any other precious metal, fluctuates constantly. The spot market functions similarly to a stock exchange, and pricing is affected by demand, geopolitical events, and more.
For individual investors, the current spot price of gold indicates what their gold holdings are worth — but generally, investors will trade gold through local dealers, rather than on international markets. Investing in precious metals offers substantial benefits — however, investors should first learn more about how to do so safely and in a cost-effective manner.
Bellevue Rare Coins: Your Trusted Source for Precious Metals
Bellevue Rare Coins (BRC) is the largest precious metal dealer in the greater Seattle area. We’ve been serving our community since 1979, and have earned the trust and loyalty of our many customers. We offer:
- A broad selection of investment-grade bullion
- Gold, silver, platinum, and palladium
- Coins, rounds, bars, and collectibles
- Industry-leading pricing
- Incredible selection of collectible coins and currency, jewelry, watches, and more
- Five convenient locations: Bellevue, West Seattle, Tacoma, Lynnwood, and Issaquah
BRC also buys valuables. We pay top-dollar for coins, precious metals, jewelry, and entire collections. Contact us today to learn why Bellevue Rare Coins is the best coin and bullion dealer in the Pacific Northwest!