Everything you want to know before you buy.
Spot price is the live global market rate for one troy ounce of pure gold. It's set by institutions, banks, and governments trading in tons, and it doesn't reflect the price of gold for everyday consumers.
Think of it like the price per barrel of crude oil: that price sets the underlying value of fuel, but it's not what you pay at the pump, and most of us never check it when filling up. Physical gold is priced at spot plus a premium that covers refining, minting smaller coins and bars, and insured transport. Gilden sources inventory from reputable suppliers at the lowest premiums and passes savings on to you.
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