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 What is a Troy Ounce? READ MORE Gold Ignores Negative News: Bulls Overexuberant? READ MORE Druckenmiller Makes Bet on Gold Miners READ MORE Record High Credit Card Debt Strains American Finances Amid Inflation READ MORE Add a Comment Cancel replyYour email address will not be published.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