In other news, reports said the price of spot gold in India hit a record high Thursday, basis the Indian rupee currency.
The current uptrend on weekly charts dates back to late 2008, and has more than doubled the price of spot gold, during a steady bull run.
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The twice-daily London gold fixings are when the price of spot gold is determined, in London, by the five members of The London Gold Market Fixing Ltd.
These senior miners are now at some of the steepest discounts ever to the spot price of gold.
Investor frustration regarding the inability of most crude oil ETFs to successfully track the spot price of oil over time is well documented.
Watson said parks near the state's urban centers are especially popular, because camping can be an inexpensive way for someone to visit a city like San Francisco, where hotels can cost 10 or 20 times the price of a camping spot.
The underlying Solactive Global Oil Equities Index tracks the performance of 25 equal-weighted companies that have shown a high correlation to the spot price of oil.
As the price of senior gold mining stocks and gold bullion have diverged, the enterprise value per ounce of gold reserves held by gold miners is at a historically steep discount to the spot price of gold.
Why would the price of oil on the spot market be 40% than the cost of production?
Silver Eagles costing more than double the spot price of silver is evidence.
Constituents are ranked and chosen by their correlation to the spot price of oil in the quarter preceding the selection day.
Since nuclear-power plants must recoup their high construction costs over decades, they start losing money if the spot price of power falls too low.
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Another name to consider is Occidental Petroleum (NYSE: OXY), which is a name that is generally most associated with the spot price of oil.
Reports this week have said there are shortages of gold bars and coins in some countries, with gold retailers jacking up their charged premiums over the spot price of gold.
In 2011, the main indices for senior gold mining stocks were down over fifteen percent, compared to the spot price of the metal, which had appreciated ten percent for the year.
The iShares Silver Trust ETF (NYSE: SLV), which is very closely correlated to the spot price of silver, has surged nearly 22% in the last month, and more than 100% in the last year.
The benefit of this is that you gain exposure to commodities, the long-term trends, because ultimately these contracts will roll over, without having to be right short-term on the spot price of commodities, which is an extremely difficult game.
The price they paid was either tied to the spot price at the time of delivery or agreed to at the time they formed the contract.
For now, though, Nintendo has not only recaptured the respect of its rivals, but is offering innovation at a price that resonates with the sweet spot of where the console market has long been.
The company said the Fine Silicon charge reflects a sharp drop in the spot market price of polysilicon.
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However, the increased competition in the market has lead to a near term over-supply situation, pushing the spot market price of the flat rolled products down.
The scramble to secure oil supplies now and into the future has contributed to the sharp increase in the price of oil on both the spot market and for future delivery.
Despite calls for a full probe into petrol pricing, amid claims of price fixing by a whistleblower, the regulator had failed to spot any of the allegations now being investigated by the EU, said Mr Halfon.
The constant onslaught of cash into these markets causes a frenzy in the price of the futures contracts and drags the spot prices ever upward.
And a final benchmark price stems from a complex summation of interlinked spot, physical forwards, futures, options, and derivatives markets, which means the paper market is almost as important as the physical one.
One major drag is that its cost of producing polysilicon is well below the spot price.
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In principle, futures contracts should also allow farmers to lock in a price for their crops, insulating them from the vagaries of the spot market.
Some sellers even try to sell the good imitations very close to the original price of the product and only the informed consumer is able to spot the difference.
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Citigroup estimates that the spot price is below the production costs for 15% of copper producers, 25% of aluminium producers, 50% of zinc producers, 30% of nickel producers and 10% of iron-ore producers.
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Power-sector reforms allowed smaller European utilities to compete more vigorously, buying LNG on the spot market at a price sometimes as low as half that of long-term contracts from Russia.
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