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| This article is part of WikiProject Definitions. Consider editing to improve it. View articles referencing this definition. |
Spot prices refer to the current market price of some product, usually a commodity, currency or rate, for the immediate delivery of said product. Spot prices differ from futures prices, in that a futures contract specifies an amount of money to be paid for a deliverable commodity at a later date, whereas spot prices can be thought of as the amount of money a buyer would pay a producer for the former to throw the commodity into the back of the latter's truck right now.



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